5/38-40 Shepherd Street, Surrey Hills, VIC 3127 | Property Value & History | OnTheHouse
OFF MARKET

5/38-40 Shepherd Street
Surrey Hills VIC 3127

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 82m2
Land area: 225m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 22 Jun 2026
Low

High
Save

Property Details for 5/38-40 Shepherd St, Surrey Hills

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.

Building Type
Unit
Year Built
1992
Floor Size
82m2
Land Size
225m2
Local Government
Whitehorse
Lot/Plan
5/RP17676

Last Listing description (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

Property History for 5/38-40 Shepherd St, Surrey Hills, VIC 3127

A timeline of how this property has performed in the market
Last Sold
$840,000
04 Sep 2023
  • 04 Sep 2023
    Sold for $840,000
  • 17 Aug 2023
    Listed for Sale Contact Agent
  • 30 Jun 1982
    Sold for $72,000
Commute Calculator

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 7,005 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:

  • The median value for Houses in Surrey Hills is $2,156,638 while the median value for Units is $923,219.
  • Houses have a median rent of $925 while Units have a median rent of $623.
There are currently 12 properties listed for sale, and 3 properties listed for rent in Surrey hills on OnTheHouse. According to Cotality's data, 303 properties were sold in the past 12 months in Surrey hills.

Suburb Insights for Surrey Hills 3127

Market Insights
Surrey Hills Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Surrey Hills Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.