5/38-40 Shepherd St, Surrey Hills is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1992. The property has a land size of 225m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Serene and sun-splashed with classic appeal
PROPERTY/FEATURES
Perfectly oriented to engage with abundant natural light throughout the day, this peaceful two bedroom unit offers a prosperous future to investors, first timers and empty nesters.
Pristinely presented and original throughout, appreciate the generous sizing of the sunken lounge/dining room with a vaulted ceiling and the inviting open meals area that sits alongside the bright, immaculate kitchen. Extremely quiet and private, enjoy the afternoon sunshine in the relaxing courtyard that is paved for alfresco pleasure and is filled with melodic birdsong.
Ready for the next lucky owner to occupy immediately, add your own designer flair with a comprehensive renovation to reap the lifestyle rewards.
* Low-maintenance two bedroom design
* Dual access ensuite
* Generous living areas
* Immaculate kitchen
* A private and paved alfresco courtyard
* Ducted heating and two split system air-conditioners
* Single garage
* Occupy now and then renovate when ready
LOCATION
A beautifully tree-lined canopy is the perfect accompaniment to this highly sought-after neighbourhood pocket, zoned for Box Hill High School. Just a few short steps from Our Lady's Primary School and within walking distance of Wattle Park, the tram, Kingswood College and Surrey Hills Primary School, it's only a stone's throw to Aqualink, Box Hill Central, enticing cafes, PLC and Deakin University.
TERMS
10% deposit, balance 30/60 days
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 7,005 properties. Over the last 5 years, Houses in Surrey Hills have seen a -6.55% decrease in median value, while Units have seen a 2.08% increase. As at 31 May 2026:
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