Box Hill South is a mid-sized suburb in Victoria within the Whitehorse local government area (postcode 3128). With a population of 8,491, the suburb has an established demographic with a median age of 39. Households earn a median income of $100K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Box Hill South is $1.5 million, having dipped slightly 1.3% over the past year. Units have a median price of $906,000 (-1.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,400.
Box Hill South is served by 1 school, including 1 primary. The average ICSEA score is 1120, which is well above the national average of 1,000. Public transport access includes 14 rail stations, 38 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Box Hill South offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -1.3% year-on-year.
Box Hill South is a mid-sized suburb in Victoria within the Whitehorse local government area (postcode 3128). With a population of 8,491, the suburb has an established demographic with a median age of 39. Households earn a median income of $100K per year, with an average household size of 2.6 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are Chinese, English, Australian.
The median house price in Box Hill South is $1.5 million, having dipped slightly 1.3% over the past year. Units have a median price of $906,000 (-1.5% YoY). The current median weekly rent is $550. This gives a gross rental yield of approximately 1.9%. The median monthly mortgage repayment is $2,400.
Box Hill South is served by 1 school, including 1 primary. The average ICSEA score is 1120, which is well above the national average of 1,000. Public transport access includes 14 rail stations, 38 bus stops. The crime rate in the Whitehorse LGA is moderate at 6,384 incidents per 100,000 population.
From an investment perspective, Box Hill South offers a gross rental yield of 1.9%, rated as low yield. Property prices are above the state median ($1.5M/$875K), placing it in the premium segment. The price-to-income ratio of 14.8x is considered stretched. House prices have moved -1.3% year-on-year.