New research reveals the most sought-after suburbs in the Melbourne property market this year Surrey Hills is the most sought-after suburb in Melbourne's property market. THE suburbs at the forefront of Melbourne's property market this year have been revealed by new research. Surrey Hills is our most sought-after suburb, with more interest per listed property than any other suburb in Melbourne, according to data released by realestate.com.au. The website has tracked clicks per properties across Victoria over the past three months to pinpoint our ten best sellers' markets, which also includes Blackburn North, Fitzroy North and the more price-friendly Croydon South. Melbourne's inner-north and eastern suburbs dominate the list of suburbs with an average of 336 views for each listed property in Surrey Hills, down to about 269 views per property in Wonga Park. Surrey Hills is also Melbourne's top performer under the hammer with 25 of the 27 properties auctioned this year having sold, according to the REIV. Ben Auchettl, realestate.com.au state manager, said property owners in the top suburbs may want to take advantage of high interest in their suburbs from buyers. "The top suburbs are ranked by the number of people looking per listing in an area, which for these suburbs means a high level of buyer competition for individual home listed in the suburb," Mr Auchettl said. REIV spokesman Robert Larocca noted that Surrey Hills' popularity would be linked to prices being significantly below their peak. "Median house prices in Surrey Hills are 20 per cent below peak which will be the key reason why more confident consumers are bidding strongly at auction," Mr Larocca said. But while buyer interest is increasing, home-hunters need not fear being imminently priced out of the market, according to Mr Larocca. "This time last year only 4 suburbs had a clearance rate higher than 80 per cent, now there are 16," he said. This recovery is a mild one and people looking to buy in autumn and winter are not likely to find their budgets surpassed by rapidly increasing prices. Surrey Hills - 336 views per property Blackburn North - 313 views per property Fitzroy North - 311 views per property Bulleen - 300 views per property Carlton North - 291 views per property Collingwood - 279 views per property Hampton East - 277 views per property Chadstone - 275 views per property Croydon South - 274 views per property Wonga Park - 269 views per property