Giving property investors a a stable capital gain of 8.94% for the last year, Box Hill, 3128 is the 1628th highest performer in Australia in this respect.
While Box Hill,3128 ranked number 446th in VIC for increase in median house value (annualised) increase, it is ranked 10th over the last 5 years.
Vendor discounting in Box Hill is giving property investors an average Vendor Discount of around -6.58%. This puts suburb at number 153th in VIC when ranking the most discounted suburbs.
The VIC suburb of Box Hill, 3128 is in the Whitehorse local government area.
Over the last year, property investments in Box Hill, 3128 have given investors a capital gain of -4.36%. This compares very badly with the 4.79% for VIC as a whole.
While Box Hill,3128 ranked number 313th in VIC for increase in median house value (annualised) increase, it is ranked 286th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Box Hill is offering property investors an average of -4.87. This rate of discount on properties puts Suburb at number 62th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Box Hill the average time real estate has been on the market is 83.48 days.
A $360 per week rent on the median house gives suburb investors a gross yield of circa 4.02%, without taking into account capital value appreciation, which has been averaging out at 6.44%.