Box Hill — Units

NEUTRAL
VIC 3128 Unit Rank #2 of 206 in Melbourne
$520K
Median Unit Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
42 buyers/listing
Strong
LIQUIDITY
46d DOM
Weak
AFFORDABILITY
-20.0% vs 5yr
Strong
GROWTH OUTLOOK
Good
Strong
YIELD
6.0%
Strong
SUPPLY PRESSURE
2.0% vacancy
Neutral
#2/206 Good Structure 39 $520K

Atlaso rates Box Hill units as HOLD. Average growth outlook. Rental yield of 6.0% provides strong cashflow support, but prices declined 21.9% over the past year. Better units options may be available in Melbourne.

At $520K, Box Hill ranks #2 of 206 units in Melbourne. The long-term structural outlook is Good. Buyer demand is strong with 42 buyers per listing.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned units identified in Melbourne.

Box Hill Price History

All units · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Sellers Market tightening. Act sooner rather than later.
-0.4%
Asking Prices (3mo)
+3.3%
Rents (12mo)
1.7%
Vacancy
25%
Fresh Stock (<30d)

Unit Asking Prices (12 months)

$597K

Unit Weekly Rents (12 months)

$673/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3128.

Suburb Profile

Box Hill at a Glance

SEIFA Index
8/10
Most advantaged
Household Income
$1,441/wk
Median household
Median Age
34
Years
Mortgage Stress
33%
of income (stressed)
Population Growth
+3.5%
vs state +2.2%
Ownership Mix
20.7% owned 25.4% mortgage 49.5% renting

Demographic Trends

Box Hill Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Box Hill Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Box Hill a good suburb to invest in?
Atlaso rates Box Hill as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Box Hill and 46 Australian cities to generate this rating.
What is the median house price in Box Hill?
The current median house price in Box Hill, vic is $520K, with annual growth of +29.8%. Properties sell in approximately 46 days.
How fast do properties sell in Box Hill?
Properties in Box Hill sell in 46 days on average. The market is currently rated Good. This is slower than average, which may present opportunities for negotiation.
What is the growth outlook for Box Hill?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Box Hill's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Box Hill?
The gross rental yield for houses in Box Hill is 6.0%. This is above the national average, making it attractive for yield-focused investors.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).