How Much is My Home Worth in Box Hill?
The median price for a house in Box Hill is $1,432,000 as of June 27, 2019. A median-priced unit is $500,000. There have been 72 houses and 120 units sold this year. It takes on average 83 days to sell a house and 84 days to sell a unit. The annual capital growth for homes is 8.38% and units is 2.80%. The 12-month capital growth is -27.91% on houses and 2.25% for units.
The Demand to Supply Ratio or DSR rating puts homes as balanced and units as above average. Effectively the market is saying there are more buyers than sellers for units in Box Hill. Vendors are more often than not getting their asking price. If you were to purchase or invest in an apartment property in Box Hill the capital growth should stay ahead of the national average.
House prices and rent returns in Box Hill.
- 2 bedroom home No Data Rent per week $353
- 3 bedroom home $1,290,000 Rent per week $405
- 4 bedroom home No Data Rent per week $600
Unit prices and rent returns in Box Hill.
- 1 bedroom unit $334,000 Rent per week $323
- 2 bedroom unit $547,500 Rent per week $410
- 3 bedroom unit $816,000 Rent per week $514
The gross rental yield for hoses in Box Hill is 2.10% and 4.31% for units.
Free Real Estate Appraisal Box Hill
Are you going to sell your home? Do you want to know the market price for your house or unit? Our real estate agents provide free property appraisals on units, apartments, land and houses. We determine the property price based on its location to shops, schools and public transport. We also take into account recent sales history. Our appraisers will deliver a fast and accurate value of your home and what you can expect as an offer in today’s property climate.
Free Rental Appraisal Box Hill
Do you want to rent your home and need a property manager? Or, do you own an investment property and need a rental manager? The O’Brien Real Estate Group manage over 3500 homes in Melbourne. Our rental appraisers will provide a free estimation on your expected weekly rent return. We will discuss with the owner the length of the lease and who they prefer renting their home. We manage the rent collection, routine inspections, maintenance and tax accounting. We have a large database of tenants wanting to rent now.
Property Valuation Box Hill
Did you know there is a difference between a property valuation and an appraisal? If, for legal reasons you require a valuation then you have to engage the services of a registered valuer. This service will come with a fee. An appraisal can be performed by any licensed real estate agent.
Box Hill Victoria
Lifestyle in Box Hill
Box Hill is located 14 likometres east of the Melbourne CBD. There were 11395 registered residents in 2016. Box Hill is noted for its large Asian community which is reflected in the variety of international cafes and restaurants. There is a Box Hill train station on the Blegarve line. Also you will find a hospital and cemetary. In the south-west corner is Surrey Park. Its neighbours include Mont Albert, Blackburn and Surrey Hills.
Schools in Box Hill
There are 5 schools in Box Hill.
- Box Hill High School Co-educational
- St Francis Xavier’s Catholic Primary School Co-educational
- Our Lady of Sion College Girls
- Box Hill Institute – Nelson Campus Co-educational
- Kerrimuir Primary School Co-educational