BOX HILL ranks 12th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 19.74% for the past year is lower than average compared to its 123.57% growth within a five-year period.
Also in BOX HILL, the median home price is sitting at $1,755,000, and the average rent at $482.5, this suggests property owners could potentially earn a 1.43% increase in gross rental yield.
Property investors have seen a 0% gain in BOX HILL based on an increase in median home prices for the past three months.
They believe that homeowners and real estate investors betting on BOX HILL, 3128 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 19.74%.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 10.7% growth over a ten-year period. It ranks 186th on our list of suburbs that property investors should look into.
A steady increase in median property prices over a five-year period in BOX HILL, 3128 translates to a -2.12% capital gain.
BOX HILL, 3128 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $485,000.
Augmented property values in BOX HILL are trailing behind the VIC average of 7.89% for the past year.
Real estate investors could earn a rental income of $380 based on current median home prices for the suburb.
Home owners selling their properties and realtors in BOX HILL usually have to wait an average of 74.3 days days before their assets are lifted off the market.
BOX HILL ranks 163rd on the list of best yielding suburbs for rental properties in VIC, posting a 4.07% return.
BOX HILL, 3128 places 277th in Australia based on median property value growth during the quarter.