Located in New South Wales within the The Hills Shire local government area, Box Hill is a mid-sized suburb (postcode 2765). With a population of 6,450, the suburb has a younger, working-age population with a median age of 31. Households earn a median income of $150K per year, with an average household size of 3.3 people. NSW employment has moved +0.3% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. NSW also had 37 Commonwealth-backed major projects under construction, 5 underway, and 75 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, managers, clerical & administrative. Employment in the area leans toward healthcare and construction. The top ancestries reported are Australian, English, Indian.
Median house prices in Box Hill stand at $3.5 million, having surged by 103.5% over the last twelve months. Units have a median price of $1.1 million (+7.6% YoY). The current median weekly rent is $830. This gives a gross rental yield of approximately 1.2%. The median monthly mortgage repayment is $3,000.
Box Hill is served by 1 school, including 1 primary. The average ICSEA score is 1123, which is well above the national average of 1,000. Public transport access includes 77 bus stops. The crime rate in the The Hills Shire LGA is low at 1,315 incidents per 100,000 population.
On the investment side, Gross rental yield sits at around 1.2% (low yield). Property prices are above the state median ($3.5M/$1.5M), placing it in the premium segment. The price-to-income ratio of 23.1x is considered stretched. House prices have moved +103.5% year-on-year.