FOR SALE
$1,300,000|EOI Closing Wed 13 Nov at 5pm

586 Elgar Road
Box Hill North VIC 3129

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 715m2
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Plan and permit for the development of a clinic

Nestled on a generous 715 sqm (approx) parcel of land in a tranquil, leafy setting, this charming timber home commands an elevated position, making it an excellent choice for families and savvy investors looking to secure a valuable property for the future.
Located just a stone's throw away from Koonung Secondary College, Box Hill North Primary School, a Montessori childcare centre, convenient shopping facilities, and well-connected public transportation, this property delivers an unparalleled and unbeatable location.
Planning Permit was granted from the council for the conversion of this property into a dental/medical clinic.
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Property Details for 586 Elgar Rd, Box Hill North

586 Elgar Rd, Box Hill North is a 3 bedroom, 2 bathroom House. The property has a land size of 715m2. The place is currently for sale with Ray White Balwyn.

Building Type
House
Land Size
715m2

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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 6,264 properties. Over the last 5 years, Houses in Box Hill North have seen a 12.53% increase in median value, while Units have seen a 16.13% increase. As at 30 September 2024:

  • The median value for Houses in Box Hill North is $1,381,394 while the median value for Units is $932,481.
  • Houses have a median rent of $650 while Units have a median rent of $595.
There are currently 27 properties listed for sale, and 8 properties listed for rent in Box hill north on OnTheHouse. According to CoreLogic's data, 225 properties were sold in the past 12 months in Box hill north.

Suburb Insights for Box Hill North 3129

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Helen Yan
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Tony Chen
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Ray White Balwyn
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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.