Box Hill North
3129 VIC
Box Hill North, VIC 3129, is a vibrant suburb with a growing population of around 12,337 residents. The area has a diverse age demographic, with significant numbers of residents falling in the 20-34 and 45-64 age brackets. The suburb offers various commuting options, with a notable percentage of residents choosing to work from home.
For houses in Box Hill North, the high sale price IQR ratio suggests potential opportunities for renovators looking to add value. With a healthy market absorption rate indicating demand, homeowners may benefit from potential future price appreciation. For units, the low vacancy rate and high market absorption rate reflect strong demand, making it an attractive option for investors seeking rental properties.
Box Hill North, VIC 3129, presents a promising opportunity for both homeowners and property investors. With its diverse demographics, good commuting options, and strong demand in the housing market, the suburb offers a desirable place to live and invest.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Box Hill North houses.
Median Price
$1.374M
# Sales
183
12M Growth
5.5%
10Y Ave Growth
2.7%
Why Buyers Look Here
Owner occupier appeal — 63% owner-occupied — strong community stability and pride of ownership.
Tight supply — Only 1.7% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 27 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Box Hill North houses.
Median Price
$1.374M
# Sales
183
12M Growth
5.5%
10Y Ave Growth
2.7%
Rental Market
Yield, rental pricing and vacancy performance for Box Hill North houses.
Weekly Rent
$755
Rental Yield
3.0%
Vacancy Rate
1.5%
Rentals Last 12M
226
Supply & Demand
Stock levels, days on market and selling conditions for Box Hill North.
Stock on Market
1.7%
Days on Market
27
Building Approvals
1.5%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Box Hill North.
Population
12,337
Owner Occupiers
63%
Median Income
$95k
IRSAD Rank
86
Recent Sales
Recently sold properties in Box Hill North.
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