Side by sideSuburb comparison

Surrey Hills vs Canterbury.

Comparing two suburbs with median house prices of $2,260,000 and $3,544,000. Surrey Hills edges out on more headline metrics in this comparison.

Surrey Hills (median $2,260,000) is roughly 36% cheaper to buy into than Canterbury ($3,544,000).

Surrey Hills scores higher on walkability (100/100 vs 64/100 ), useful if you're optimising for a car-light household.

The takeWhich suburb suits which buyer

For buyers

Surrey Hills is the lower entry point at $2,260,000 median, 36% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Surrey Hills offers the higher gross rental yield (1.84% vs 1.17%), favouring cash-flow investors.

For families

School and household data is too similar between the two to call a winner on family fit. Check the individual profiles for street-level school catchments.

Common questionsSurrey Hills vs Canterbury

Common questions

Is Surrey Hills or Canterbury cheaper to buy in?

Surrey Hills has the lower median house price at $2,260,000, roughly 36% below Canterbury ($3,544,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Which is more walkable, Surrey Hills or Canterbury?

Surrey Hills scores 100/100 on walkability vs 64/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Surrey Hills or Canterbury?

Gross rental yield on houses is 1.84% in Surrey Hills vs 1.17% in Canterbury. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Surrey Hills
Metric
Canterbury

Price & Market

$2,260,000
Median house
$3,544,000
$1,068,000
Median unit
$1,251,100
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$800/wk
Rent (house / wk)
$800/wk
$570/wk
Rent (unit / wk)
$570/wk
76.0%
Owner occupied
22.0%
Renter occupied

Lifestyle & Demographics

100
Walk score
64
20
Transit score
20
100
Bike score
100
13,655
Population
7,773
42
Median age
46

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1150
Avg ICSEA
1150

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).