Demand
Weak▲ rising
Confidence: High
Selling times are 24.2% above the five-year norm. Latest reading 38.0 against a five-year average of 30.6.
- Latest
- 38
- 12 months ago
- 29.4
- 5-year average
- 30.6
- 5-year range
- 22.1 – 38.5
11 Station Street
Box Hill 3128 · House · 4 bed · 2 bath · 2 car · 646 m² land · built 1958
- Estimated value
- $1,620,000
- Valuation range
- $1,523,000 – $1,717,000
- Estimated rent
- $966/wk
- Gross yield
- 3.1%
Estimate confidence: Moderate. Modelled from suburb medians and recorded transactions — not a valuation or financial advice.
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What would this property actually cost you?
Stamp duty, government charges, settlement cash and the monthly cost of holding it.
Work out the all-in cost →Transaction history
| Date | Event | Method | Amount |
|---|---|---|---|
| 1 August 2022 | Sold | Auction | $1,498,000 |
| 1 February 2026 | Leased | APU derived record | $908/wk |
Market context
Signals for Box Hill
Price Momentum
Weak▼ falling
Confidence: High
Annual price growth is 66.1% below the five-year average. Latest reading .2 against a five-year average of .6.
- Latest
- 0.2
- 12 months ago
- 0.69
- 5-year average
- 0.59
- 5-year range
- -.1 – 1.3
Rental Conditions
Weak▲ rising
Confidence: High
Vacancy is running 25.8% above the historical average. Latest reading 1.9 against a five-year average of 1.5.
- Latest
- 1.9
- 12 months ago
- 1.41
- 5-year average
- 1.51
- 5-year range
- 1.1 – 1.9
Rental Pressure
Firm▲ rising
Confidence: Moderate
Rental growth is 9.3% above the five-year average. Latest reading 6.6 against a five-year average of 6.0.
- Latest
- 6.59
- 12 months ago
- 5.79
- 5-year average
- 6.03
- 5-year range
- 5.3 – 6.7
Affordability
Strong▼ falling
Confidence: High
The price-to-rent multiple sits 12.9% below its five-year average. Latest reading 32.0 against a five-year average of 36.8.
- Latest
- 32.04
- 12 months ago
- 34.08
- 5-year average
- 36.78
- 5-year range
- 32.0 – 41.7
Supply
Weak— flat
Confidence: High
Advertised stock is 17.6% above the five-year average. Latest reading 141.7 against a five-year average of 120.5.
- Latest
- 141.68
- 12 months ago
- 122.02
- 5-year average
- 120.52
- 5-year range
- 86.8 – 146.4
Comparable properties
| Address | Type | Beds | Estimate | Yield |
|---|---|---|---|---|
| No comparable properties tracked yet. | ||||
Local development activity
- Transport
Suburban Rail Loop East
Under construction · 2035
Reshapes access between middle-ring employment centres and lifts development capacity around six new stations.
Tunnelling underway between Cheltenham and Box Hill; precinct structure planning continues alongside.
- Transport
Box Hill Suburban Rail Loop station
Under construction · 2035 · 0.4 km
A terminus station concentrates long-run development capacity in the centre.
Site assembly around the station is already active.
- Transport
Metro Tunnel precinct uplift
Operating · Now
New CBD-fringe stations are already redirecting rental demand and apartment supply.
Station catchments at Parkville, Anzac and Arden are the focus of rezoning activity.
- Planning reform
Activity centre rezoning program
Announced · 2026-2028
Higher permitted densities across dozens of centres change the medium-term apartment pipeline.
Watch approval volumes in nominated centres for early supply signals.
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Policy
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