112 Elgar RoadBox Hill South VIC 3128
Property Details for 112 Elgar Rd, Box Hill South
112 Elgar Rd, Box Hill South is a 7 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 780m2 and floor size of 210m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 7 bedroom House sold in Box Hill South in the last 12 months.
Last Listing description (August 2024)
Situated in a highly sought-after area renowned for its exceptional lifestyle offerings, this property presents an outstanding opportunity that will captivate a wide range of purchasers.
Currently serving as a compliant rooming house, it offers an enviable rental yield, promising investors immediate returns that are sure to excite.
Designed with functionality and style at its core, this charming residence features seven well-appointed bedrooms sharing two modern bathrooms, a generous lounge area that seamlessly transitions into a contemporary kitchen and dining space equipped with stainless steel appliances, gas cooking, and elegant glass splashbacks.
The exterior of the home does not disappoint, boasting a welcoming verandah and a secluded backyard, perfect for relaxation and entertainment.
Positioned on a substantial 779sqm (approximate) parcel of land, it also presents a rare opportunity for the new owner to either construct the dream family dwelling or to explore subdivision and redevelopment possibilities (Subject to Council Approval).
Additional amenities include ducted heating, a double garage to the rear, a single lock-up garage, and extensive secure driveway parking.
Its prime location is unrivaled, directly opposite Wattle Park and a thriving shopping area, within walking distance to Deakin University, and accessible to tram and bus networks. It is also conveniently close to prestigious educational institutions such as Mt Scopus College, PLC, Kingswood College, and leisure facilities like Box Hill Golf Club, Gardiner's Creek Reserve, Box Hill Central, and the Box Hill station.
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Property History for 112 Elgar Rd, Box Hill South, VIC 3128
- 11 Jun 2024Sold for $1,441,500
- 07 Mar 2024Listed for Sale SOLD by Ray White Burwood
- 22 Jun 2016Sold for $1,312,800
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About Box Hill South 3128
The size of Box Hill South is approximately 3.5 square kilometres. It has 12 parks covering nearly 15.8% of total area. The population of Box Hill South in 2011 was 7,699 people. By 2016 the population was 8,432 showing a population growth of 9.5% in the area during that time. The predominant age group in Box Hill South is 20-29 years. Households in Box Hill South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill South work in a professional occupation. In 2011, 67.9% of the homes in Box Hill South were owner-occupied compared with 67% in 2016.
Box Hill South has 4,481 properties. Over the last 5 years, Houses in Box Hill South have seen a 21.05% increase in median value, while Units have seen a 18.85% increase. As at 31 August 2024:
- The median value for Houses in Box Hill South is $1,527,724 while the median value for Units is $851,467.
- Houses have a median rent of $650 while Units have a median rent of $595.
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