Box Hill North is Melbourne's eastern multicultural hub — a vibrant suburb north of Box Hill's busy train-and-tram interchange where one of Melbourne's largest and most authentic Chinese commercial precincts creates extraordinary food, retail, and cultural amenity alongside one of the eastern suburbs' strongest rental markets. The suburb's exceptionally strong Chinese community, Box Hill Hospital's medical workforce, and consistent demand from both local professionals and international buyer-investors generate reliable dual income streams and above-market price growth. At the current $1.05m median house price, an 80% loan at 6.25% over 30 years is about $5,172 per month.
| Median house price | $1,050,000 |
|---|---|
| Median unit price | $620,000 |
| Estimated monthly repayment | $5,172 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 6.5% |
| Gross rental yield | 3.8% |
| Typical days on market | 14 |
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