159 Union Road, Surrey Hills, VIC 3127 | Property Value & History | OnTheHouse
OFF MARKET

159 Union Road
Surrey Hills VIC 3127

Bedrooms: -
Bathrooms: -
Car spaces: 1
Land area: 159m2
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Property Details for 159 Union Rd, Surrey Hills

Building Type
Commercial
Land Size
159m2
Local Government
Boroondara
Lot/Plan
1/TP88021

Last Listing description (January 2019)

Characterised by its historic past, Surrey Hills is a classy leafy eastern suburb situated 11 kilometres from the city. The Oak tree lined streets feature period charm, in this highly sought pocket of real estate, where the median house price is in excess of $2 million. The location is rich with public transport with two train lines and two tram routes, as well as numerous bus lines. The local shopping on Union Road has gone from strength to strength in recent years with the revitalisation of Surrey Hills Village which features a thriving food scene with a number of stylish cafes and restaurants and recently built gourmet Supermarket, Coles Local. Exceptional Investment in Thriving Retail Precinct
Generous freehold land holding of 160m with rear access and car park
Double storey Victoria terrace with office/retail area of 133m

Offered with vacant possession
159 Union Road Surrey Hills, represents an immaculately presented office/retail property in the heart of the local retail strip adjacent to the pedestrian crossing and across the street from the newly constructed Coles Supermarket. The property is perfect for an owner occupier searching for a new premises to occupy or an investor seeking a secure and solid commercial property in a thriving retail area. The property represents an exceptional opportunity in a tightly held area and will not disappoint.

Property History for 159 Union Rd, Surrey Hills, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$1,157,200
21 Nov 2018
  • 21 Nov 2018
    Sold for $1,157,200
  • 22 Oct 2018
    Listed for Sale Not Disclosed
  • 01 Apr 2009
    Sold for $347,000
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About Surrey Hills 3127

The size of Surrey Hills is approximately 4.4 square kilometres. It has 13 parks covering nearly 3.4% of 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 7,012 properties. Over the last 5 years, Houses in Surrey Hills have seen a 13.26% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:

  • The median value for Houses in Surrey Hills is $2,326,277 while the median value for Units is $950,376.
  • Houses have a median rent of $850 while Units have a median rent of $615.
There are currently 5 properties listed for sale, and 4 properties listed for rent in Surrey hills on OnTheHouse. According to Cotality's data, 310 properties were sold in the past 12 months in Surrey hills.

Suburb Insights for Surrey Hills 3127

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.