At number 1806th in the list of Australian suburbs ordered by increase in median house value over the last year, Box Hill, 3128 is in the top half with a property value increase of 5.79% recorded in median house prices.
Across a shorter period, Box Hill, 3128 has seen a median price increase of 2.43% over the last quarter.
Property buyers and investors in Box Hill 3128 should be seeing an average reduction in asking price of around -8.03% . This means that Box Hill is holding prices well when compared to other suburbs in VIC.
Using the current median advertised rental of $450 and the average annual increase in value of a median property of 10.28%, investors should hope to achieve an overall return of 1.71%
Giving property investors a an unimpressive capital gain of -3.03% for the last year, Box Hill, 3128 is the 1303th highest performer in Australia in this respect.
A 14.29% growth in median value for property investors in Box Hill,3128 puts this suburb at number 105th 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 -5.12% offered to property buyers. Sellers in Box Hill itself are offering an average vendor discount of -5.78% to real estate investors.
Advertised rents are around the $350 mark per week – giving a return of 3.79% based on the median price in Suburb