Box Hill South has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.55% to date .
Box Hill South,3128 was ranked 2417 in Australia by increase in median property value over the quarter.
Property buyers and investors in Box Hill South 3128 should be seeing an average reduction in asking price of around -6.80% . This means that Box Hill South is holding prices well when compared to other suburbs in VIC.
With the median price for a house in Box Hill South being $1290000 and the advertised rent reaching $480 the gross rental yield for property investors calculates out to be 1.93%
Investment property in Box Hill South has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 2.84%
The five-year average increase in median property values for Box Hill South,3128 has given property investors a potential capital gain of 43.13% across each of those five 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.
Property investors should expect to get $425 weekly from the median priced house in this suburb.