2 Terry Road is the strategic connection linking Wesfarmers proposed Bunnings Box Hill site to The Hills of Carmel Residential Estate.
The future 'Business Hub' development (STCA) guarantees to service the fast-growing North west residential suburb - Box Hill.
The size of Box Hill is approximately 9.4 square kilometres. It has 2 parks covering nearly 0.5% of total area. The population of Box Hill in 2011 was 1,172 people. By 2016 the population was 906 showing a population decline of 22.7% in the area during that time. The predominant age group in Box Hill is 60-69 years. Households in Box Hill are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a trades occupation. In 2011, 70.3% of the homes in Box Hill were owner-occupied compared with 67.6% in 2016.
Box Hill has 9,454 properties. Over the last 5 years, Houses in Box Hill have seen a 60.00% increase in median value, while Units have seen a 98.46% increase. As at 31 October 2024:
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