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.