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Surry Hills Suburb Insights
VICLocation Information
Suburb Name
Surry Hills, VIC
Distance from CBD
6.7 kmDemographics
Population
16,412
Median Income
$60,320
Area Information
Area
1.32 km²
Population Density
12433 people/km²
Property Market
Median Price
$775,186
Annual Growth
+10.7%Property Price Trend Analysis
Current Median Price
$775,186
Annual Growth
+10.7%
Quarterly Growth
+1.1%
Price Trends - Last 6 Months
2024-01
$614,505
+7.1%2024-02
$1,032,550
+5.7%2024-03
$973,955
+8%2024-04
$429,613
+8.1%2024-05
$436,341
+16.1%2024-06
$825,847
+10.2%Property Type Price Analysis
House
Median Price
$984,030
Growth Rate
+6.6%Available Listings
242 properties
Apartment
Median Price
$463,268
Growth Rate
+8%Available Listings
759 properties
Townhouse
Median Price
$764,378
Growth Rate
+8.2%Available Listings
350 properties
Investment Potential Assessment
Investment Advantages
- Annual growth exceeds 8% - excellent performance
- Diverse property types available
Considerations
- Rising prices may affect affordability
- Monitor interest rate changes
- Consider long-term investment strategy