Surrey Hills · Suburb / Locality

Housing & Dwellings in Surrey Hills

Where and how people live — the homes, how they are held, and what they cost.

Typical monthly mortgage payments of $3,000 in Surrey Hills are far above the national figure. This is a high-cost area where housing expenses are significantly higher than in most other parts of the state.

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📍 Surrey Hills, Suburb / Locality

Where Surrey Hills sits — Median rent (weekly)

$462 ▲ +31.6%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Surrey Hills — higher than 89% of areas.

Median rent (weekly) compared with the state and national average
Surrey Hills$462
3127, VIC $461
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

Monthly mortgage payments are among the highest for this type of area, sitting far above the Victorian figure by $1,141. Renters also pay more than usual, with a typical weekly rent of $462, which is a little above the national average.

$462 ▲ +31.6%

Higher than 89% of suburb / locality areas.

  • 2011: $351
  • 2016: $415
  • 2021: $462

Median weekly rent paid by households renting their home.

$3,000 ▲ +38.4%

Higher than 92% of suburb / locality areas.

  • 2011: $2,167
  • 2016: $2,500
  • 2021: $3,000

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Surrey Hills, $350–$549 is the majority at 54%; $550–$749 is next at 19%.

Monthly mortgage distribution

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In Surrey Hills, $3,000 or more is the majority at 51%; $1,800–$2,999 is next at 22%.

Owning & renting

How homes are owned or rented.

Home ownership is strong here, with 41.8% of homes owned outright, a figure far above the Australian average. This helps explain why the share of households renting is well below the national figure at 21.6%.

21.6% ▼ -0.9%

Higher than 63% of suburb / locality areas.

  • 2011: 21.8%
  • 2016: 21.9%
  • 2021: 21.6%

Share of occupied private dwellings that are rented.

41.8% ▲ +0.3%

Higher than 52% of suburb / locality areas.

  • 2011: 41.7%
  • 2016: 41.4%
  • 2021: 41.8%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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In Surrey Hills, the largest group is Owned outright at 42%, followed by Owned with a mortgage (35%) and Rented (22%).

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 66.9% of the market, which is well below the national average. While 72% of homes have three or more bedrooms, the number of detached houses is much lower than in most similar areas.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

66.9% ▲ +0.3%

Lower than 88% of suburb / locality areas.

  • 2011: 66.7%
  • 2016: 67.7%
  • 2021: 66.9%

Share of occupied private dwellings that are separate houses.

72.0% ▲ +2.7%

Lower than 69% of suburb / locality areas.

  • 2011: 70.1%
  • 2016: 71.2%
  • 2021: 72.0%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Surrey Hills, Separate house is the majority at 67%; Townhouse / semi-detached is next at 20%.

Bedrooms per home

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Surrey Hills splits fairly evenly between 3 bedrooms (33%) and 4 bedrooms (30%), with 2 bedrooms at 26%.

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Surrey Hills

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Surrey Hills [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22399/surrey-hills/topic/housing-dwellings