9 Elm Street, Surrey Hills VIC 3127
9 Elm Street, Surrey Hills VIC 3127
– Address: 9 Elm Street, Surrey Hills VIC 3127. The property was listed for sale as a house in Surrey Hills.
Large renovated family home | 858sqm block Surrey Hills | Pool and outdoor room | Strong school and transport access
This property is competitively positioned as a meticulously renovated family home on one of Surrey Hills’ larger residential blocks, offering a rare combination of generous land, modern presentation, and established neighbourhood character. The 858sqm lot supports a substantial 364sqm building footprint with a pool and expansive deck and outdoor room, placing it firmly at the premium end of the suburb’s detached housing market. Such a configuration best serves families seeking space, school access, and a move-in-ready home without the need for immediate renovation. The property’s orientation toward Surrey Hills Primary School and Box Hill Senior Secondary College, along with its HFC NBN and 5G connectivity, reinforces its appeal to professional households prioritising lifestyle and convenience in a tree-lined, period-home streetscape.
The original construction age remains unconfirmed, which may influence perceptions of long-term structural integrity despite the recent top-to-bottom renovation. The absence of bushfire, flood, or heritage overlays reduces regulatory risk, but the property’s value is heavily tied to its upgraded finish and outdoor amenities, which may not appeal to buyers seeking original character or development potential. The estimated rental yield of approximately 2.2% suggests a capital-growth-driven market rather than a high-income return, so price expectations should reflect the premium for land size and renovation quality rather than rental income. Buyers should verify the renovation’s scope—whether structural or cosmetic—and consider how the 42% building coverage might limit future alterations on the 858sqm block.
Detailed Independent Property Report prepared by PropCred Analyst team for 9 Elm Street, Surrey Hills VIC 3127
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
2
Income Risk
Execution Risk
1
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Market Insight
Surrey Hills is a well-established, family-oriented suburb prized for its period homes and proximity to top schools, attracting professionals and downsizers. While the housing market has seen recent price adjustments, the unit sector demonstrates stronger growth momentum. Demand is underpinned by its timeless appeal and connectivity, though high prices and fluctuating auction clearance rates indicate sensitivity to broader affordability pressures.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
2
Land
858m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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