221 Elgar RoadSurrey Hills VIC 3127
Property Details for 221 Elgar Rd, Surrey Hills
Last Listing description (June 2021)
Savills is delighted to offer for sale this first-class permit approved child care development opportunity located at 219 & 221 Elgar Road, Surrey Hills. The proposed child care centre of 124 places benefits from a prime location within Melbourne's Eastern suburbs surrounded by extensive education amenity.
The key attributes of the outstanding development opportunity include:
Prominent frontage of 39+ metres* to Elgar Road
Approved permit for 124 place child care centre
Blue chip residential location with potential for luxury townhouse project (STCA)
Previous permit for 7 townhouses
Education rich location with over 20 schools and Deakin University all within 3km*
Quality lifestyle location moments from Wattle Park, Wattle Park Golf Course and Box Hill Golf Club
A short drive to Box Hill Activity Centre & Burwood Brickworks Shopping Centre
*Approx.
Under Offer
For further information please contact:
Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Property History for 221 Elgar Rd, Surrey Hills, VIC 3127
- 27 Mar 2020Listed for Sale Under Offer
- 06 Mar 2020Sold for $2,800,000
- 30 Jun 2015Sold for $3,400,000
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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 -8.45% decrease in median value, while Units have seen a 2.02% increase. As at 30 June 2026:
- The median value for Houses in Surrey Hills is $2,102,003 while the median value for Units is $917,675.
- Houses have a median rent of $900 while Units have a median rent of $625.
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