343 Elgar Road, Surrey Hills, VIC 3127 | Land for sale | OnTheHouse
 
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343 Elgar Road
Surrey Hills VIC 3127

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Land area: 613m2
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Premium Vacant Land Opportunity in the Box Hill High School Zone

A rare and exciting opportunity to secure a substantial parcel of land in one of Melbourne's most prestigious and tightly held eastern suburbs. Positioned in a highly sought-after family location, this vacant allotment presents the perfect blank canvas to design and build your dream home or explore future development potential (STCA).
Boasting a prime address opposite the expansive Surrey Park precinct, the site enjoys a desirable north-facing aspect and an enviable lifestyle setting surrounded by quality homes. Families will appreciate the convenience of being within the coveted Box Hill High School Zone and close to a range of leading educational institutions, parklands and recreational facilities.
The location offers exceptional connectivity, with easy access to Union Road Village, Box Hill Central, Surrey Hills and Mont Albert train stations, trams, cafes, restaurants and major shopping destinations. Aqualink Box Hill, Box Hill Hospital, Deakin University and Melbourne's CBD are all within easy reach.
Whether you are looking to build a luxury family residence, create a contemporary architectural masterpiece or secure a blue-chip landholding in a growth location, opportunities of this calibre are becoming increasingly scarce.
Surrounded by established amenities and positioned for future capital growth, this is your chance to create something truly special in one of Melbourne's most desirable residential pockets.
Key Features
* Prime vacant allotment in prestigious Surrey Hills
* Opposite Surrey Park and extensive sporting facilities
* Coveted Box Hill High School Zone
* Close to Surrey Hills Primary School and leading private schools
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Property Details for 343 Elgar Rd, Surrey Hills

Building Type
Land
Land Size
613m2
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About Surrey Hills 3127

The size of Surrey Hills is approximately 4.4 square kilometres. There are 13 parks, covering nearly 3.4% of the total area. The population of Surrey Hills in 2016 was 13605 people. By 2021 the population was 13655 showing a population growth of 0.4% in the area during that time. The predominant age group in Surrey Hills is 50-59 years. Households in Surrey Hills are primarily couples with children and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Surrey Hills work in a professional occupation.In 2021, 76.50% of the homes in Surrey Hills were owner-occupied compared with 76.30% in 2016.

Surrey Hills has 7,006 properties. Over the last 5 years, Houses in Surrey Hills have seen a -11.41% decrease in median value, while Units have seen a -0.74% decrease. As at 31 July 2026:

  • The median value for Houses in Surrey Hills is $2,053,418 while the median value for Units is $897,584.
  • Houses have a median rent of $918 while Units have a median rent of $638.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Surrey hills on OnTheHouse. According to Cotality's data, 294 properties were sold in the past 12 months in Surrey hills.

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William Shen
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Jerry Cheng
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