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

Box Hill North is a quiet, established eastern suburb immediately north of Box Hill. Tree-lined streets and predominantly detached mid-century brick homes define much of the area, with a number of properties renovated or replaced by low-rise townhouses. The suburb suits families and long-term residents who value peaceful residential streets but still want easy access to shops, cafes and the major transport hub in nearby Box Hill. Green space is a clear feature, with parkland and the Koonung Creek corridor providing walking and cycling trails.

About 12,337 people live in Box Hill North and the median age is 37. Families make up the bulk of households, with couple families with children the largest group and, together with couple families without children, accounting for just over four in five families. Around two in three households are owner-occupied and about one in three are rented. Local buses and arterial roads provide practical links to surrounding suburbs and the city, and the area has seen council walking and cycling upgrades; larger projects such as Suburban Rail Loop precinct planning and Koonung Creek Reserve works will also affect the suburb.

Buying in Box Hill North sits well above local incomes at the last Census. A median house price of $1,300,000 is about 13.7 times a typical local annual household income at the last Census, which puts buying here substantially above what households earned then.

Renting takes a large or sizeable share of that local income: a house rent of $750 a week is roughly 41.2% of a typical local household's weekly income at the last Census, while unit rent of $583 a week is about 32.0%. Whether those figures feel expensive will depend on your own income and circumstances.

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

For Box Hill North over the past 12 months, the clearest movements are on the rental side. House rents jumped 10.3% while house values rose a modest 2.4%, so the rent a house earns has outpaced its price growth this year. Units tell a different story: unit values fell 5.4% while unit rents increased 6.0%, meaning rental income for units rose even as unit capital values declined. What that balance means for your investment goals and circumstances is something only you can decide.

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.