FOR SALE
$1,150,000 - $1,250,000

487 Middleborough Road
Box Hill North VIC 3129

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 739m2
Auction Time
Sat 26 Oct 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Great investment opportunity in the Blackburn High Zone!

Situated on a generous 739 sqm (approx.) block in the sought-after Box Hill North neighborhood, this original residence presents a fantastic opportunity for developers, investors, or families seeking a prime location. Zoned for the prestigious Blackburn High School, this property offers endless possibilities.
Developers will appreciate the potential to create modern townhouses or units (STCA) on this expansive land. Alternatively, it's an ideal canvas for building a contemporary family home.
Beyond the property, the location is exceptional. A short walk to Laburnum Train Station and Blackburn High School ensures convenient access to education and transportation. Nearby Kerrimuir Primary School, North Blackburn Shopping Centre, and numerous parks, including Koonung Park and Box Hill City Oval, provide a range of amenities. Commuting is easy with close proximity to the Eastern Freeway and Blackburn Station Village.
This rare opportunity combines a desirable location, immense potential, and the flexibility to build, renovate, or invest for the future.
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Property Details for 487 Middleborough Rd, Box Hill North

487 Middleborough Rd, Box Hill North is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 739m2. The place is currently for sale with The One Real Estate .

Building Type
House
Land Size
739m2

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About Box Hill North 3129

The size of Box Hill North is approximately 4 square kilometres. It has 14 parks covering nearly 9.4% of total area. The population of Box Hill North in 2011 was 10,971 people. By 2016 the population was 11,857 showing a population growth of 8.1% in the area during that time. The predominant age group in Box Hill North is 20-29 years. Households in Box Hill North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill North work in a professional occupation. In 2011, 69.5% of the homes in Box Hill North were owner-occupied compared with 65.1% in 2016.

Box Hill North has 6,294 properties. Over the last 5 years, Houses in Box Hill North have seen a 15.40% increase in median value, while Units have seen a 13.77% increase. As at 31 August 2024:

  • The median value for Houses in Box Hill North is $1,372,438 while the median value for Units is $900,927.
  • Houses have a median rent of $650 while Units have a median rent of $593.
There are currently 20 properties listed for sale, and 5 properties listed for rent in Box hill north on OnTheHouse. According to CoreLogic's data, 231 properties were sold in the past 12 months in Box hill north.

Suburb Insights for Box Hill North 3129

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Tony Kwan
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Dominic Tiong
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The One Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.