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VIC › Surrey Hills › Durham Rd

39 Durham Rd, Surrey Hills VIC 3127

For saleHouse for Sale

$3,000,000–$3,300,000

For sale

Asking range

5

Bedrooms

4

Bathrooms

2

Car spaces

743 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $3,000,000–$3,300,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $3,000,000–$3,300,000(Listing record · 18 Aug 2026)
  • FactLand 743 m²; no building size recorded.(Property record)
  • CalculationAsk is 60% above the Surrey Hills median recorded sale ($1,873,000, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Surrey Hills's advertised median rent ($640/wk), implied gross yield would be 1.11% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$3,000,000–$3,300,000

Asking range · $4,038/m² of land

No recorded sale for this property.

Surrey Hills at a glance

14,235

People

$1,873,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Vs Surrey Hills

+60.2%

Median sale

Suburb $1,873,000

-0.67 pp

Gross yield

Suburb 1.78%

Suburb median $1,873,000 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$3,000,000
Stamp Duty (Victoria)
$175,000
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$3,182,314

$182,314 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Surrey Hills's advertised median rent — not a rent for this listing.

Net yield
-0.39%
Annual cashflow (pre-tax)
$-167,720
Interest cover (DSCR)
-0.08
Annual rent
$33,280
Operating expenses
$45,000
Loan amount
$2,400,000
Annual interest
$156,000
Gross yield
1.11%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$3,000,000–$3,300,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $640/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Surrey Hills in one glance

Surrey Hills at a glance

14,235

People

$1,873,000

Median sale

$640/wk

Median rent

1.78%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Surrey Hills report →

Keep researching

  • Why Surrey Hills? Read the area thesis →
  • What else is on the market in Surrey Hills →
  • Other records on Durham Rd →

Listing material

Listed by HEAVYSIDE

Built Circa 1930 Californian Bungalow | Extended and Fully Renovated | Entertain your Heart Out

Watch the auction live here: https://heavyside.co/live-auction

THE PROPERTY

Capturing the romance of a Californian Bungalow while embracing exceptional contemporary design, this beautifully extended and renovated five-bedroom, four-bathroom family residence delivers an extraordinary lifestyle on a generous 743sqm allotment. Framed by immaculate landscaped gardens and established hedging, period character remains through leadlight windows and an ornamental fireplace, while engineered roasted Blackbutt flooring brings warmth to the interiors and the Velux skylights draw natural light deep into the home.

Read the full description

Multiple living spaces include an elegant formal living and dining domain with open fireplace and a spectacular open-plan family and meals area with gas fireplace, where wall-to-wall glazing creates a breathtaking connection to the alfresco, pool and gardens. The statement kitchen centres around a waterfall Silestone island and features extensive cabinetry, clever kickboard storage and premium Miele appliances including double ovens, microwave, induction cooktop and dishwasher.

Designed for year-round entertaining, the expansive deck features heat strips and a ceiling fan, with a retractable flyscreen creating a seamless yet practical transition from inside to out. Beyond, immaculate lawns frame the gas and solar-heated pool and spa with retractable pool cover and beautiful evening lighting.

Five bedrooms include a luxurious main suite with extensive robes and an ensuite featuring a freestanding bath and walk-in shower, while two upstairs bedrooms accompany a private retreat and stunning bathroom. The detached bungalow with private bathroom and automated irrigated green wall offers exceptional flexibility as a fifth bedroom or home office. Ducted heating, evaporative cooling, plantation shutters, ducted vacuum, Silestone-appointed laundry, garden shed and secure parking for two vehicles behind automatic gates complete this remarkable family home.

THE FEATURES

• Beautifully extended and renovated Californian Bungalow on 743sqm

• Five-bedroom, four-bathroom family design with multiple living spaces

• Spectacular open-plan family and meals domain overlooking the pool

• Designer Silestone kitchen with premium Miele appliance suite

• Expansive alfresco deck for effortless indoor-outdoor entertaining

• Gas and solar-heated swimming pool and spa with beautiful feature lighting

• Flexible detached bungalow with private bathroom, ideal as bedroom five or office

• Ducted heating, evaporative cooling, fireplaces and four-car accommodation

• Security cameras and alarm system for peace of mind convenience

THE LOCATION

Positioned along a quiet, tree-lined street in the highly sought-after Surrey Hills English Counties Estate, this exceptional address puts the very best of family living within easy reach. Zoned to Canterbury Primary School, Camberwell High School and Canterbury Girls Secondary College, the home is also within walking distance of Chatham Station, Union Road's shops and cafés, South Surrey Park and Mary MacKillop Reserve, with beautiful Surrey Gardens also close by. Local supermarkets with Coles local on Union Road, further shopping in Middle Camberwell, public transport and convenient access to major arterials ensure everything from the school run and morning coffee to weekend recreation and the city commute feels wonderfully connected.

THE TERMS: 30|45|60 Days

Listing description written by Tim Heavyside, HEAVYSIDE — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Heating
  • Ensuites: 1
  • Pool
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.