Box Hill is Melbourne's major eastern suburban hub, a vibrant multicultural centre with one of the city's largest hospital and medical precincts, Whitehorse Road retail, and frequent tram and train services to the CBD. It's extremely popular with Chinese-Australian buyer communities. At the current $1.12m median house price, an 80% loan at 6.25% over 30 years is about $5,517 per month.
| Median house price | $1,120,000 |
|---|---|
| Median unit price | $640,000 |
| Estimated monthly repayment | $5,517 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 3.5% |
| Gross rental yield | 3.4% |
| Typical days on market | 22 |
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