Surrey Hills Property Market — 2026 Guide
Property in Surrey Hills tells an interesting story. Prices, stock levels, and buyer demographics have all shifted in recent years. This guide lays out where the market stands and what the trajectory looks like.
Current Prices
| Property Type | Median Price Range (2026) |
|---|---|
| Units/Apartments | $750K–$1.2M |
| Houses | $1.8M–$3.5M |
Market trend: Steady growth, limited stock keeps competition high.
Who is Buying
Downsizers and families upgrading make up the bulk of buyers. First-home buyers are increasingly active in the apartment market.
Auction vs Private Sale
In Surrey Hills, roughly 60–65 percent of properties go to auction. Clearance rates have hovered around 65–72 percent through early 2026. Properties that pass in at auction often sell within the following week through negotiation. Private sales are more common at the upper end of the market.
Future Outlook
Infrastructure projects, zoning changes, and population growth all feed into the price trajectory. Surrey Hills benefits from established schools and transport links that provide a price floor.
Key factors to watch:
- Interest rate decisions from the RBA (most impactful single variable)
- New housing supply in the pipeline
- Infrastructure investment — train line upgrades, road improvements
- Population growth patterns post-pandemic
Related: Rent Guide | Cost of Living | Transport Guide