Investment property in Box Hill South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.17%
When looking at the potential capital gains offered to property investors over the last 3 years, Box Hill South comes in at number 23th in VIC.
Sellers are offering property buyers an average discount of -7.85% to buyers in Box Hill South at the moment, which is less than average for the rest of VIC.
Advertised rents are around the $480 mark per week – giving a return of 2.00% based on the median price in Suburb
Investment property in Box Hill South has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 9.70%
Comparing Box Hill South,3128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
LACK OF BUYER INTEREST may well be the reason that Box Hill South is offering property investors an average of -5.08. This rate of discount on properties puts Suburb at number 17th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $405 and the average annual increase in value of a median property of 8.32%, investors should hope to achieve an overall return of 2.72%