Suburb Profile Report for Box Hill VIC (3128)

Box Hill House: Median price $1,455,700, Annual capital growth 10.72%, Number of sales 85, Weekly median advertised rent $448

Box Hill Unit: Median price $477,500, Annual capital growth 5.73%, Number of sales 189, Weekly median advertised rent $360

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Investment property in Box Hill 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 3.98%

Across a shorter period, Box Hill, 3128 has seen a median price increase of 3.98% over the last quarter.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Box Hill, 3128. Typically our figures indicate that -6.33% is being offered, which puts this VIC suburb at 1516th most discounted overall in Australia.

Property investors should expect to get $447.5 weekly from the median priced house in this suburb.

VIC has seen average median house prices change by 4.83% which means that Box Hill, 3128 has done well for property investors by showing a capital gain of -1.55% over the last year

If we look at median property appreciation over just the last three months, Box Hill has given property investors a paper return of 3.24%. This puts Suburb as 107 on a list of fastest fasting appreciating suburbs in VIC

The most recent median price for Box Hill is $477500, with sellers offering an average of -5.47% off the asking price.

At number 852 in a list of fastest selling suburbs, Box Hill is just in the bottom half of suburbs in Australia with an average of days on market 82.94 for properties listed there.

The VIC suburb of Box Hill, 3128 is in the Whitehorse local government area.

Metrics i HOUSE UNIT
$1,455,700 $477,500
3.98% 3.24%
3.98% -1.55%
10.72% 5.73%
$448 $360
85 189
1.60% 3.92%
81.08 82.94

Source: CoreLogic

DSR Score for property investment : Balanced (U), Balanced (H)
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Demographics
Total population 9671
Median household income ($/weekly) 1023
Median age of persons 32
Median housing loan repayment ($/monthly) 2000
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 780 8.1
    20-24 years 1496 15.5
    25-34 years 1971 20.4
    35-44 years 1251 12.9
    45-54 years 1107 11.4
    Others 3067 31.7
    Age Group
    Census Count Percent(%)
    Not Married 3808 51.9
    Registered Married 2962 40.3
    Defacto Relationship 572 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 4154 47.0
    Croatia 1971 22.3
    India 300 3.4
    Indonesia 405 4.6
    Other 472 5.3
    Others 1544 17.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 819 9.6
    Christianity 3780 44.5
    Hinduism 316 3.7
    Islam 175 2.1
    No Religion 3282 38.7
    Others 116 1.4
    Religious Affiliation
  • Census Count Percent(%)
    Negative/Nil income 278 8.4
    $400-$599 314 9.4
    $600-$799 314 9.4
    $1,000-$1,249 306 9.2
    $1,500-$1,999 352 10.6
    Others 1759 52.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2943 38.2
    Employed, worked full-time 2574 33.5
    Employed, worked part-time 1551 20.2
    Unemployed, looking for work 370 4.8
    Employed, away from work 257 3.3
    Person Characteristics
  • Census Count Percent(%)
    Managers 485 11.1
    Professionals 1260 28.8
    Technicians & trades workers 541 12.4
    Clerical & administrative workers 650 14.9
    Sales 443 10.1
    Others 995 22.7
    Occupation
    Census Count Percent(%)
    Infants/Primary 492 16.9
    Secondary 477 16.4
    Technical or Further Educational Institution 400 13.7
    University or other Tertiary Institutions 1254 43.1
    Other type of educational institution 162 5.6
    Others 126 4.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 3939 45.9
    Semi-detached, row or terrace house, townhouse 2677 31.2
    Flat, unit or apartment 1965 22.9
    House or flat attached to a shop, office 6 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1779 50.4
    Fully owned 884 25.1
    Being purchased 799 22.6
    Other tenure type 66 1.9
    Tenure Type
Census 2011, ABS
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