Property value increases in Box Hill have tracked lower than the VIC average of 8.12% over the last 12 months.
Comparing Box Hill,3128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
Sellers are offering property buyers an average discount of -8.03% to buyers in Box Hill at the moment, which is less than average for the rest of VIC.
With the median price for a house in Box Hill being $1325000 and the advertised rent reaching $450 the gross rental yield for property investors calculates out to be 1.77%
Over the last year, property investments in Box Hill, 3128 have given investors a capital gain of -3.03%. This compares badly with the 2.98% for VIC as a whole.
Box Hill,3128 has offered an average of -3.03% return per annum in house price rises to property investors over the last three years.
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 -6.32% is being offered, which puts this VIC suburb at 415th most discounted overall in Australia.
On average over the past year, suburb has had 13.00 sales per month, which equates to 156 per year.
Situated 11.70km from the CBD, Box Hill is one of Whitehorse localities in the postcode 3128.