Surrey Hills at a glance
Median house
$2,260,000
Median unit
$1,068,000
Walk score
100
Walker's paradise
Population
13.7k
Median age 42
The brief
What to know about Surrey Hills.
The postcode for Surrey Hills is 3127 (VIC), part of Greater Melbourne.
The median house price in Surrey Hills is $2,260,000.
Surrey Hills (3127) sits in the Boroondara region of Victoria. The median house here is $2,260,000, well above the Victoria median of around $850K.
Surrey Hills has roughly 13,655 residents, with a typical family-age mix. Households are predominantly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
Compare Surrey Hills with a nearby suburb.
Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Surrey Hills scores 100/100 on walkability, which makes it very walkable with limited public transport. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 8 government primary, 3 government secondary, 4 Catholic, 5 independent.
Who lives here
Demographics.
The 2021 Census put Surrey Hills's population at 13,655, with a median age of 42. That sits as a typical family-age mix. Households are predominantly owner-occupied (76% own, 22% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (74% family households, 23% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
13,655
Median age
42
Family households
74%
Lone person
23%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $2,260,000 on a typical sale, well above the Victoria median. Units come in around $1,068,000, roughly 53% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $452,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$2,260,000
+0.0% over the past year. Median unit price $1,068,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$800/wk
Weekly rent (unit)
$570/wk
Owner occupied
76%
Renter occupied
22%
At a deeper level
$2,260,000
$1,068,000
13,655
Median age: 42
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 1.84% (median rent $800/wk against a $2,260,000 price tag). Units yield 2.78% gross, often the better cash-flow play for first-time investors. Renter share is modest (22%), so the rental pool is smaller and tenant demand can be patchier than in higher-density suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20261.84%
Based on $2,260,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20262.78%
Based on $1,068,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202676%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
389
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
20
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Surrey Hills.
Local schools for Surrey Hills
View the catchment for each school to find out more.
Government School Catchment
Surrey Hills Primary School
Chatham Primary School
Canterbury Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Surrey Hills.
- What is the median house price in Surrey Hills?
- The median house price in Surrey Hills, VIC 3127 is $2,260,000. The median unit price is $1,068,000.
- What is the Surrey Hills postcode?
- Surrey Hills is in the 3127 postcode, in VIC, in the City of Boroondara region.
- Where is Surrey Hills?
- Surrey Hills is a suburb of Melbourne, in VIC 3127. It is part of the Greater Melbourne area, in the City of Boroondara region.
- What is the average rent in Surrey Hills?
- The median weekly rent for houses is $800, for units it's $570.
- What schools are in Surrey Hills?
- There are 20 schools serving Surrey Hills on this page, including Surrey Hills Primary School, Our Holy Redeemer School, Chatham Primary School.
- How walkable is Surrey Hills?
- Surrey Hills has a Walk Score of 100 out of 100, very walkable. transit score 20, bike score 100.
- What suburbs are near Surrey Hills?
- Surrey Hills is close to Surrey Hills South, Surrey Hills North, Mont Albert, Wattle Park, Canterbury.
- What is the population of Surrey Hills?
- The population of Surrey Hills is approximately 13,655 (2021 Census). The median age is 42.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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