7 Rhinelander RoadBox Hill NSW 2765
Property Details for 7 Rhinelander Rd, Box Hill
Last Listing description (September 2024)
This exceptional 500sqm corner block offers the ultimate in flexibility and potential.
Whether you're considering a subdivision (STCA) for a profitable investment or envisioning a grand family home, this prime piece of real estate in The Hills of Carmel, Box Hill, provides a rare and valuable opportunity.
The level and clear land is perfect for development, presenting an ideal chance to subdivide and build two houses (STCA). Alternatively, you can create your dream home in this desirable location, surrounded by high-quality residences and offering a sought-after Hills lifestyle.
Convenience is key, with local parks within walking distance, a planned supermarket nearby, and Box Hill city centre just a short drive away. This block is close to all essential amenities, making it an opportunity not to be missed for developers and homebuyers alike.
Secure this outstanding development site and unlock its endless possibilities.
Bruce Ignatiou - 0410 469 921
Ben Alam - 0433 427 898
Property History for 7 Rhinelander Rd, Box Hill, NSW 2765
- 18 Jul 2024Sold for $940,000
- 29 May 2024Listed for Sale Contact Agent
- 18 Dec 2023Listed for Sale Just Listed!
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About Box Hill 2765
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 9,374 properties. Over the last 5 years, Houses in Box Hill have seen a 60.87% increase in median value, while Units have seen a 36.74% increase. As at 31 August 2024:
- The median value for Houses in Box Hill is $1,301,595 while the median value for Units is $946,593.
- Houses have a median rent of $780 while Units have a median rent of $655.
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