All About Box Hill North, Whitehorse, VIC, 3129

Box Hill North, situated in the City of Whitehorse, Victoria, is a highly desirable suburb that has been experiencing a robust housing market. Over the past few years, property prices have shown a consistent upward trend, reflective of the broader demand in Melbourne's eastern suburbs. The area is characterized by a mix of residential architectures, from charming mid-century family homes to modern townhouses and apartments, which attract a diverse demographic, including young professionals, families, and retirees. This suburb's appeal is further reinforced by its strong infrastructure, including public transport links like trains and buses, making it convenient for commuters traveling to the Melbourne CBD. Additionally, proximity to Box Hill's dynamic commercial center provides residents access to a wide range of amenities, food markets, and entertainment options, all of which sustain its strong reputation in the real estate market.

Living in Box Hill North offers a blend of suburban tranquility with urban convenience. The suburb is known for its leafy streets, providing a picturesque environment for walking, cycling, and outdoor activities. Families are drawn to the area for its well-regarded schools and abundance of parks and recreational spaces, such as the sprawling Box Hill Gardens and Elgar Park, which cater to community sports and leisure activities. Furthermore, Box Hill North's multicultural atmosphere enhances community life, with diverse dining options and cultural events fostering a unique and inclusive living experience. The sense of community is palpable, with regular local events and an active neighborhood watch, providing a welcoming environment and sense of security for its residents. Overall, Box Hill North offers an attractive lifestyle for those seeking a balance between city accessibility and suburban peace.

Box Hill North Real Estate Market Outlook

Thinking about buying in Box Hill North? Now could not be a better time, with 6482 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,622,000 with prices in this suburb ranging from $268,000 to $9,414,000. The aproximate distance to the coast is 13 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. High average incomes in Box Hill North ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Box Hill North classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Box Hill North requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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