Box Hill South has had a quite poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of 6.09% to date .
While Box Hill South,3128 ranked number 371th in VIC for increase in median house value (annualised) increase, it is ranked 24th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Box Hill South is offering property investors an average of -6.04. This rate of discount on properties puts Suburb at number 6th in terms of most discounted suburbs in VIC
If you compare the increase in value of investment property in Box Hill South, 3128 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 12.52%.
When looking at the potential capital gains offered to property investors over the last 3 years, Box Hill South comes in at number 16th in VIC.
On average over the past year, suburb has had 3.83 sales per month, which equates to 46 per year.