Box Hill VIC Property Investment

Whitehorse · 3128

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Median House Price
$1.58M
As of 7 Nov 2026.
Rental Yield
N/A
Vacancy Rate
N/A
Median Weekly Rent
N/A
Median Unit Price
$591K
As of 7 Nov 2026.
Population (Census 2021)
14,353

Box Hill Short-Term Rental Market

Short-stay estimate: run a brief
Past price growth
Median house sale price growth, Box Hill: 2.4% a year, 2020 to 2025. Source: Valuer-General Victoria, Victorian Property Sales Report – Houses/Units by suburb 2015–2025 (released 9 Sep 2026). © State of Victoria (Department of Transport and Planning), licensed under CC BY 4.0 (creativecommons.org/licenses/by/4.0). Growth rates calculated by Estait. Sales count not published by the source. Past growth doesn't predict future prices.
New dwellings approved
New dwellings approved, Whitehorse council area, 12 months to Aug 2026: 879. Source: ABS Building Approvals, Australia (cat. 8731.0). This is the whole council area, not just Box Hill.
AI Investment Analysis

Box Hill VIC Investment Brief

2. Market Overview

Current listings show a median days listed of 32 days (as of 18 Oct 2026).

These figures signal a stable market cycle. Buyers face a moderately competitive environment, as 32 days on the market suggests sellers can secure offers relatively quickly.

3. Rental Market

Vacancy rate: 2.2 %. Rental demand: high.

The low vacancy rate and high demand mean investors can expect consistent tenancy.

4. Short‑Term Rental Opportunity

Short-stay estimate: run a brief

5. Infrastructure & Growth Drivers

Box Hill hosts the Box Hill Central station (Stop 58), located 0.2 km from the suburb’s core, providing rapid access to Melbourne’s CBD. No major infrastructure projects appear on file, but the proximity to a major rail hub sustains demand. The suburb’s owner‑occupier rate of 48 % indicates a balanced mix of owner‑occupied and rental properties, which supports a resilient rental market.

7. Risks

  • Vacancy risk: The current vacancy rate of 2.2 % could climb if the local economy weakens, reducing rental income.
  • Flood risk: Flood risk is low (source: state planning portal overlay).
  • Bushfire risk: Bushfire risk is low (source: state planning portal overlay).
  • Heritage overlay: Heritage overlay is NOT PRESENT (source: state planning overlay centroid).

No significant risk factors have been identified for this suburb, and the suburb score of 69/100 reflects a balanced risk‑reward profile.

8. The Play

  • Watch signals: Monitor any changes in the median days listed; a rise above 45 days could indicate a cooling market.
  • Recommended strategy: Acquire a single‑family home or a high‑yield unit, refinance at a fixed rate, and hold for a 5‑year horizon to capture price appreciation and stable rental income.

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This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.

Suburb Metric Thresholds

4 green2 yellow0 red
Population growth 2016–21, postcode 3128 (ABS Census)
2.87 high impact
Median Household Income
1441 medium impact
Public Transport Score
No data medium impact
School Zone Quality
8.1 medium impact
Distance to CBD
14.13 medium impact
SEIFA Advantage/Disadvantage
7 medium impact
Owner Occupier Rate
48 medium impact

Macro Environment

Macro Indicators

Cash Rate

4.85%

▲ 0.25%

Cash rate 4.85% as at 2026-11-04 (effective date) · Source: RBA cash rate target · Credit data 2026-09

Socio-Economic Profile

Source: ABS Census 2021

SEIFA Index · Postcode 3128

Most disadvantagedLeast disadvantaged

Decile 5 of 10 — Average

Population (suburb)

14,353

Education (IEO)

9/10

Econ. Resources (IER)

2/10

Schools

In your catchment

Laburnum Primary School
PrimaryGovernment
9.1/10
Box Hill High School
SecondaryGovernment
8.4/10

These are the government-school zones containing this suburb centroid. Specific addresses within the suburb may fall in different catchments — confirm with the school directly.

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Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.