Suburb Profile Report for Box Hill VIC (3128)

Box Hill House: Median price $1,351,000, Annual capital growth 10.14%, Number of sales 78, Weekly median advertised rent $450

Box Hill Unit: Median price $455,750, Annual capital growth 5.22%, Number of sales 161, Weekly median advertised rent $360

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

Source: CoreLogic

  • House Report
  • Unit Report

Box Hill has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -2.14% to date .

If we look at median property appreciation over just the last three months, Box Hill has given property investors a paper return of 0.07%. This puts Suburb as 491 on a list of fastest fasting appreciating suburbs in VIC

At number 104th of VIC’s most discounted properties, Box Hill is in the bottom 20% of the state/territory when listing in order of most discounted to least.

Box Hill is 600th on a list of best yielding suburbs for rents in VIC with a 1.73% return

Box Hill, 3128 ranked 336th in VIC when comparing growth in median property values or capital gain over the last 12 months. Box Hill is one of 2098 in our list for VIC

Comparing Box Hill,3128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Box Hill, 3128 is offering VIC ‘s 80th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this VIC.

At number 856 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 83.03 for properties listed there.

Box Hill is 196th on a list of best yielding suburbs for rents in VIC with a 4.11% return

Metrics i HOUSE UNIT
$1,351,000 $455,750
0.07% -8.39%
-2.14% -8.67%
10.14% 5.22%
$450 $360
78 161
1.73% 4.11%
73.9 83.03

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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