With a capital gain of -19.43% for the last 12 months, Box Hill, 3128 has performed for property investments than its average annual 8.46% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Box Hill,3128 has racked up an average of -19.43% over the period. This ranks it number 1939th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Box Hill is $1410000, with sellers offering an average of -7.86% off the asking price.
Over the last year, property investments in Box Hill, 3128 have given investors a capital gain of 1.40%. This compares averagely with the 3.42% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Box Hill has increased when compared to the 5 year average annual rate.
Box Hill3128 is located in VIC which offers an average discount of -5.45% to property investors. Box Hill itself is showing figures that indicate -5.32% is the average achievable by property buyers investing in the suburb.
Advertised rents are around the $390 mark per week – giving a return of 4.31% based on the median price in Suburb