FOR SALE
$120,000

50/5 Archibald Street
Box Hill VIC 3128

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 988m2
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Sensational Student Accommodation

The Phone Code for this property is: 34919. Please quote this number when phoning or texting.
Built in 2009 and nestled within vibrant Box Hill, this 1 bedroom student apartment is a perfect entry into property investment. The contemporary complex features secure entry and intercom, plus a communal coin operated laundry and lounge area.
Please be aware that this is a student apartment only for students (You can not live in it if you are not a student)
This apartment is located at the west side of the quiet side of the building with windows in the bedroom facing west. Features separate sitting room and separate bedroom, room for a desk in the bedroom, reverse cycle split system is adjacent to the kitchen. A spacious modern bathroom boasts a stone-topped vanity, whilst the kitchen features a stainless steel gas cooktop, complete with bar fridge and microwave oven!
The nearby convenience is outstanding: walking distance to Box Hill TAFE, Parks Gardens, hospital, trams, buses and train station, plus Box Hill Central. With the increasing number of students seeking accommodation in a position like this, this apartment could be an ideal investment! Curently rented at $240 per week.
Property: 50/5 Archibald St, Box Hill VIC 3128
Agreement Commencement Date: Sat 01/06/2024
Agreement Term: 12 months
Agreement Expiry: Sat 31/05/2025
Rent: $1,043 per month
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Property Details for 50/5 Archibald St, Box Hill

50/5 Archibald St, Box Hill is a 1 bedroom, 1 bathroom Apartment. The property has a land size of 988m2. The place is currently for sale with For Sale By Owner Australia Pty. Ltd..

Building Type
Apartment
Land Size
988m2

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About Box Hill 3128

The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2011 was 9,671 people. By 2016 the population was 11,416 showing a population growth of 18.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation. In 2011, 46.5% of the homes in Box Hill were owner-occupied compared with 39.4% in 2016.

Box Hill has 11,631 properties. Over the last 5 years, Houses in Box Hill have seen a 5.92% increase in median value, while Units have seen a -8.07% decrease. As at 30 November 2024:

  • The median value for Houses in Box Hill is $1,639,144 while the median value for Units is $496,308.
  • Houses have a median rent of $580 while Units have a median rent of $550.
There are currently 154 properties listed for sale, and 49 properties listed for rent in Box hill on OnTheHouse. According to CoreLogic's data, 477 properties were sold in the past 12 months in Box hill.

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