Suburb Profile Report for Box Hill VIC (3128)

Box Hill House: Median price $1,410,000, Annual capital growth 8.46%, Number of sales 60, Weekly median advertised rent $520

Box Hill Unit: Median price $470,000, Annual capital growth 3.00%, Number of sales 135, Weekly median advertised rent $390

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

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

Metrics i HOUSE UNIT
$1,410,000 $470,000
-14.56% -2.08%
-19.43% 1.40%
8.46% 3.00%
$520 $390
60 135
1.92% 4.31%
77 97.67

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Balanced (H), Balanced (U)
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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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