$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.
Surrey Hills · Suburb / Locality
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.
All suburb / locality areas, 2021. The marker is Surrey Hills — higher than 89% of areas.
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.
Median weekly rent paid by households renting their home.
$3,000 ▲ +38.4%
Higher than 92% of suburb / locality areas.
Median monthly mortgage repayment for households with a mortgage.
In Surrey Hills, $350–$549 is the majority at 54%; $550–$749 is next at 19%.
In Surrey Hills, $3,000 or more is the majority at 51%; $1,800–$2,999 is next at 22%.
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.
Share of occupied private dwellings that are rented.
41.8% ▲ +0.3%
Higher than 52% of suburb / locality areas.
Share of occupied private dwellings owned outright (no mortgage).
In Surrey Hills, the largest group is Owned outright at 42%, followed by Owned with a mortgage (35%) and Rented (22%).
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.
Average number of usual residents per bedroom — a crowding measure.
66.9% ▲ +0.3%
Lower than 88% of suburb / locality areas.
Share of occupied private dwellings that are separate houses.
72.0% ▲ +2.7%
Lower than 69% of suburb / locality areas.
Share of occupied private dwellings with three or more bedrooms.
In Surrey Hills, Separate house is the majority at 67%; Townhouse / semi-detached is next at 20%.
Surrey Hills splits fairly evenly between 3 bedrooms (33%) and 4 bedrooms (30%), with 2 bedrooms at 26%.
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