Get a property report and suburb profile for any property in Box Hill

Box Hill is a relatively new residential suburb on Sydney's north-west fringe, characterised by modern, low-maintenance housing, tree-lined streets and a layout that includes parks, playgrounds and walking trails along creeks. The community is about 6,450 people with a median age of 31, and housing is dominated by contemporary detached homes and some townhouses, which attracts young families and owner-occupiers seeking new finishes and nearby outdoor space.

Everyday amenity is the focus here: local shops, community facilities, sports fields, schools and childcare are all part of the precinct, and arterial roads and nearby rail links connect the area to the wider north-west and the city. A planned town centre, village centres, new pedestrian and cycle links, room for new public schools and a master-planned park and sports complex are either planned or underway. Whether Box Hill suits you will come down to the kind of home and local amenities you want.

At a current median house price of $1,305,000, buying a house in Box Hill 2765 works out to about 8.7 times a typical local household's annual income at the last Census (weekly household income $2,881 at the last Census). That multiple sits well above what people locally earned at the last Census.

Renting looks different: house rents average $830 a week, which is about 28.8% of a typical local household's weekly income at the last Census, while unit rents average $560 a week, about 19.4% of that weekly income. On the figures, renting a house would take a moderate share of a typical local household's income at the last Census, and renting a unit would take a more modest share.

Everyone's financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.

The unit side of the market has moved further than houses over the past 12 months. In Box Hill, unit values rose 10.3% and unit rents jumped 14.8%, while houses recorded more modest changes: values up 4.2% and rents up 4.4%.

Put simply, units delivered the stronger capital growth and the stronger rental growth over the year, while house price and rent changes were more modest. Which of those outcomes matters to you — capital growth or rental income — is something you should weigh against your own goals and circumstances.

This information has been prepared without taking your objectives, needs and overall financial situation into account. It is not meant to be a substitute for professional financial advice. For this reason, you should consider the appropriateness of the information and, if necessary, seek appropriate professional advice.