Surrey Hills' apartment market is a genuine standout, clearing at 87.7 per cent, up 9.1 per cent on last year, one of the strongest results anywhere in this update. House sales are up too, 5.9 per cent this year, even as the median has eased 3.8 per cent to $2,020,000.
Days on market for houses have stretched to 55, up 27.9 per cent, reflecting buyers who remain genuinely cautious even as the underlying opportunities for those ready to act have clearly improved. Downsizers remain the dominant buyer type, and family homes continue to be desirable across the suburb.
With stock levels up and buyers and vendors increasingly meeting the market, Surrey Hills is showing real signs of the optimism among owner occupiers that's building steadily across this part of Melbourne's inner east right now.
Median sale price for houses in Surrey Hills is $2,005,000, down 7.2% from last year.
Median sale price for units in Surrey Hills is $840,000, down 0.7% from last year.
Properties sold for houses in Surrey Hills is 187, up 14.0% from last year.
Properties sold for units in Surrey Hills is 101, down 4.7% from last year.
Auction clearance for houses in Surrey Hills is 66.9%, down 4.2% from last year.
Auction clearance for units in Surrey Hills is 85.7%, up 7.1% from last year.
Av days on market for houses in Surrey Hills is 48, up 0.0% from last year.
Av days on market for units in Surrey Hills is 33, down 21.4% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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