Over the last year, property investments in Box Hill South, 3128 have given investors a capital gain of 8.98%. This compares averagely with the 9.04% for VIC as a whole.
A 73.78% growth in median value for property investors in Box Hill South,3128 puts this suburb at number 359th in terms of best performing suburbs in VIC
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Box Hill South itself are offering an average vendor discount of -6.80% to real estate investors.
Box Hill South, 3128’s gross rental yield is 1.94%
Box Hill South is in the TOP 30% in VIC when comparing median price capital growth over the last year. Box Hill South gave property investors a good capital gain figure when compared to the rest of the state, with 10.72%.
While Box Hill South,3128 ranked number 267th in VIC for increase in median house value (annualised) increase, it is ranked 20th over the last 5 years.
Sellers are offering property buyers an average discount of -8.70% to buyers in Box Hill South at the moment, which is less than average for the rest of VIC.
Using the current median advertised rental of $417.5 and the average annual increase in value of a median property of 8.89%, investors should hope to achieve an overall return of 2.82%