Surrey Hills
VIC 3127
Surrey Hills is a suburb in Melbourne's east, within the Cities of Boroondara and Whitehorse, about 12 kilometres from the Melbourne CBD. Canterbury Road is the main commercial corridor, with Riversdale Road and Union Road connecting established residential areas and local services. The suburb developed from the late nineteenth century and is known for mature European street trees.
Surrey Hills is an office and consulting market, with office suites and floors and medical or consulting suites suited to a suburban professional and health services market. The premises fit a low-rise established neighbourhood rather than a large commercial centre. Mont Albert, Canterbury and Balwyn are nearby comparisons.
18
Active lease listings
commercial properties
$51,250
Median annual rent
asking rent across all listings
92
Median days on market
across all active listings
Lease rate trend
$337/m² p.a.
Median advertised rate
Up 9.1%
Change over 12 months
Indicative only: advertised rates across all commercial listing types and sizes in Surrey Hills. Drill down to individual listings in MarketBuddy
Listings by sector
8
Offices
active lease listings
7
Medical / Consulting
active lease listings
2
Industrial, Warehouse and Factories
active lease listings
1
Retail and Shops
active lease listing
Want to know more?
Explore commercial property insights for Surrey Hills in MarketBuddy.
Last updated 5 September 2026