Suburb Profile Report for Box Hill VIC (3128)

Box Hill House: Median price $1,412,000, Annual capital growth 10.60%, Number of sales 75, Weekly median advertised rent $445

Box Hill Unit: Median price $475,000, Annual capital growth 5.41%, Number of sales 159, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Box Hill, 3128 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was 0.86%.

If we look at median property appreciation over just the last three months, Box Hill has given property investors a paper return of 1.95%. This puts Suburb as 400 on a list of fastest fasting appreciating suburbs in VIC

Box Hill3128 is located in VIC which offers an average discount of -5.80% to property investors. Box Hill itself is showing figures that indicate -6.36% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $445 mark per week – giving a return of 1.64% based on the median price in Suburb

Giving property investors a an unimpressive capital gain of -2.06% for the last year, Box Hill, 3128 is the 1254th highest performer in Australia in this respect.

A 7.47% growth in median value for property investors in Box Hill,3128 puts this suburb at number 137th in terms of best performing suburbs in VIC

Box Hill3128 is located in VIC which offers an average discount of -5.03% to property investors. Box Hill itself is showing figures that indicate -6.04% is the average achievable by property buyers investing in the suburb.

Residents and property investors in Box Hill have been waiting around 71.9 days to sell a property.

Using the current median advertised rental of $360 and the average annual increase in value of a median property of 5.41%, investors should hope to achieve an overall return of 3.94%

Metrics i HOUSE UNIT
$1,412,000 $475,000
1.95% 2.15%
0.86% -2.06%
10.60% 5.41%
$445 $360
75 159
1.64% 3.94%
64.45 71.9

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (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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