This property is Off Market
With an average age of 28, households expect an average monthly mortgage payment of $1,538 or a weekly rent payment of $411. The average family earns a weekly income of $1,315 with a typical household size of 1.8 and a 91.29% employment rate.
Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. Incomes in Box Hill are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Box Hill classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Box Hill requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
(Country of Birth not stated 8%)
Box Hill a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
51 / 100
52 / 100
Industry
36 / 100
17 / 100
Population
46 / 100
32 / 100
House Prices
65 / 100
70 / 100
Jobs
41 / 100
34 / 100
Incidents Trend State Average
Mont Albert Primary School
Mont Albert, VIC, 3127 State Prep-6
St Francis Xavier's School
Box Hill, VIC, 3128 Independent Prep-6
Box Hill High School
Box Hill, VIC, 3128 State 7-12
Surrey Hills Primary School
Surrey Hills, VIC, 3127 State Prep-6
Our Lady of Sion College
Box Hill, VIC, 3128 Independent 7-12
Our Lady of Perpetual Succour School
Surrey Hills, VIC, 3127 Independent Prep-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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