Giving property investors a a poor capital gain of -24.95% for the last year, Box Hill South, 3128 is the 4015th highest performer in Australia in this respect.
Comparing Box Hill South,3128 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Box Hill South is $1030000, with sellers offering an average of -6.85% off the asking price.
Residents and property investors in Box Hill South have been waiting around 71.2857 days to sell a property.
A $500 per week rent on the median house gives suburb investors a gross yield of circa 2.52%, without taking into account capital value appreciation, which has been averaging out at 7.21%.
Property value increases in Box Hill South have tracked just higher than the VIC average of 0.68% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Box Hill South has increased when compared to the 5 year average annual rate.
Our latest figures would indicate that property sellers in Box Hill South are currently offering property investors an average price cut of -8.56% below the asking price at the moment.
Using the current median advertised rental of $495 and the average annual increase in value of a median property of 5.86%, investors should hope to achieve an overall return of 3.44%