VIC has seen average median house prices change by 8.91% which means that Box Hill, 3128 has done well for property investors by showing a capital gain of 6.40% over the last year
A 118.90% growth in median value for property investors in Box Hill,3128 puts this suburb at number 643th in terms of best performing suburbs in VIC
Property buyers and investors in Box Hill 3128 should be seeing an average reduction in asking price of around -7.06% . This means that Box Hill is holding prices well when compared to other suburbs in VIC.
A $495 per week rent on the median house gives suburb investors a gross yield of circa 1.52%, without taking into account capital value appreciation, which has been averaging out at 9.79%.
Property investors who have had real estate in Box Hill, 3128 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 1.26%
The five-year average increase in median property values for Box Hill,3128 has given property investors a potential capital gain of 12.97% across each of those five 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 -6.08% is being offered, which puts this VIC suburb at 432th most discounted overall in Australia.