Surrey Downs

POSTAL CODE: SA, 5126
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 40% capital gain.

Property investors in SURREY DOWNS enjoyed capital gains of 8.68% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $770,000.

Profits due to an upward trend in home prices there averaged 13.33% per annum over a 3-year period.

Home owners selling their properties and realtors in SURREY DOWNS usually have to wait an average of 36.5 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $575 mark, reflecting a 3.88% increase in returns based on the current median price in SURREY DOWNS.

SURREY DOWNS, 5126 places 196th in Australia based on median property value growth during the quarter.

Surburb overview

Surrey Downs, located approximately 20 kilometres northeast of Adelaide’s central business district, is a quiet and family-friendly suburb within the City of Tea Tree Gully. Known for its leafy streets, spacious homes, and close-knit community, Surrey Downs is a popular choice for families, professionals, and retirees. With a population of around 3,500 residents, the suburb offers a relaxed, suburban lifestyle while providing easy access to essential amenities and outdoor recreational spaces.

Public transportation in Surrey Downs is convenient, with regular bus services connecting the suburb to Adelaide’s CBD and nearby areas. The nearby Tea Tree Plaza Interchange provides access to the O-Bahn busway, offering a quick and efficient route to the city. For those who prefer to drive, Surrey Downs is well-connected via major roads such as North East Road and Golden Grove Road, making commuting easy.

Surrey Downs is well-served by essential services and amenities. The nearby Surrey Downs Shopping Centre offers residents access to supermarkets, retail stores, cafes, and essential services, while the larger Tea Tree Plaza Shopping Centre is just a short drive away, providing a wider range of shopping, dining, and entertainment options. Healthcare services are easily accessible through local medical clinics, with the Modbury Hospital located nearby for more comprehensive medical care.

Recreational opportunities in Surrey Downs are plentiful, with several parks and reserves providing outdoor spaces for families and individuals to enjoy. The nearby Illyarrie Reserve and Tilley Recreation Park offer playgrounds, sports fields, and picnic areas, making them popular spots for weekend outings. The suburb’s proximity to the Anstey Hill Recreation Park allows residents to explore hiking trails, enjoy scenic views, and experience the natural beauty of the Adelaide Hills.

Surrey Downs is home to several schools, including Surrey Downs Primary School, with additional educational options available in nearby suburbs, making it an attractive area for families with children. The suburb also benefits from its close proximity to educational institutions in Golden Grove and Modbury.

With its blend of suburban tranquillity, access to modern amenities, and proximity to both the city and nature, Surrey Downs offers a comfortable and convenient lifestyle for its residents. The family-friendly environment, strong community spirit, and well-maintained green spaces make it a desirable suburb for those seeking a peaceful yet well-connected place to live in Adelaide’s northeastern region.

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