Melbourne

A-Z Real Estate

Balwyn vs Surrey Hills

Compare property prices, recent market performance, lifestyle information, schools, transport and current listings across Balwyn and Surrey Hills.

Explore each suburb

Compare the headline stats here, then open each suburb hub, market data page or sell guide for Balwyn and Surrey Hills.

Balwyn and Surrey Hills comparison summary

A concise comparison of the latest property figures and the most relevant differences between the two suburbs.

The latest comparison places Balwyn's median house price at $2,665,000, compared with $2,200,000 in Surrey Hills. Balwyn's median unit price sits at $775,000, compared with $830,000 in Surrey Hills. Balwyn recorded an annual house-price decline of 8%, while Surrey Hills's figure declined by 4.8% over the matching period. Selling times were similar, with median days on market of 29 days in Balwyn and 27 days in Surrey Hills. The figures show a substantial difference in median house price between Surrey Hills and Balwyn, while other headline measures on this page help place those medians in context. Current selling timelines remain closely aligned on the latest days-on-market figures for both suburbs.

Side-by-side market snapshot

Compare the latest headline property figures for Balwyn and Surrey Hills.

Comparable stats for Balwyn and Surrey Hills
MetricBalwynSurrey Hills
Median house price$2.67M$2.20M
Median unit price$850,000$902,000
Annual house price change-7.10%-3.93%
Median days on market29 days26 days

Median sale price comparison

Compare historical median sale prices for houses and apartments in Balwyn and Surrey Hills.

  • Balwyn
  • Surrey Hills

Lifestyle comparison

Compare local shopping, dining, open space and everyday amenities across Balwyn and Surrey Hills.

Balwyn

Balwyn offers a more outdoors-focused lifestyle, with parks, trails and open spaces forming a strong part of the local amenity mix, with Beckett Park among the area's notable open spaces. Everyday shopping, transport and health services remain accessible throughout the suburb, while green space provides a clear point of difference in how the suburb feels day to day.

Explore Balwyn lifestyle

Surrey Hills

Surrey Hills has a strong mix of health, fitness facilities, and everyday services, supported by local shopping and transport links nearby. Parks, recreation facilities and nearby cafés contribute to an active and practical daily lifestyle without relying on a single entertainment strip.

Explore Surrey Hills lifestyle

School comparison

Review nearby schools and education options listed for Balwyn and Surrey Hills.

Transport comparison

Compare train, tram, bus and road connections available across Balwyn and Surrey Hills.

Both Balwyn and Surrey Hills provide excellent public transport, but they cater to different commuting needs. Balwyn is served by Canterbury and Chatham stations on the Lilydale, Belgrave and Alamein lines, alongside multiple tram routes along Whitehorse Road. Surrey Hills is served by Surrey Hills and Mont Albert stations on the Lilydale, Belgrave and Alamein lines, alongside multiple tram routes along Whitehorse Road. While both suburbs are well connected, Balwyn and Surrey Hills offer broad rail and tram coverage across Melbourne's eastern suburbs, so buyers should weigh station access against their regular commute.

Transport features for Balwyn and Surrey Hills
FeatureBalwynSurrey Hills
Closest stationCanterburySurrey Hills
Train linesLilydale, Belgrave and AlameinLilydale, Belgrave and Alamein
Major trams109, 72109, 72
Bus routesYesYes

View transport in BalwynView transport in Surrey Hills

Comparison verdict

A final comparison based on the available property, lifestyle, school and transport information.

Surrey Hills may suit buyers prioritising a lower median entry price, while Balwyn sits at a higher headline house median on the latest snapshot. Balwyn may suit buyers comparing apartment-oriented housing on the latest sales mix, while Surrey Hills may suit buyers comparing detached or house-dominated stock on the latest sales mix. Transport pages for Balwyn and Surrey Hills cover train, tram and bus and road connections. Current days-on-market figures are similar, so the clearer distinction may lie in pricing, housing mix and local amenities rather than selling speed.

Current properties for sale

View currently available properties in Balwyn and Surrey Hills alongside the broader suburb comparison.