316/1 Wellington RoadBox Hill VIC 3128
Property Details for 316/1 Wellington Rd, Box Hill
316/1 Wellington Rd, Box Hill is a 1 bedroom, 1 bathroom Unit and was built in 2016. While the property is not currently for sale or for rent, it was last sold in July 2010.
Last Listing description (November 2024)
Discover this golden opportunity for investment. 1-bedroom apartment, perfectly situated in the vibrant heart of Box Hill. This prime location offers easy access to all amenities including Box Hill central, public transport, Box Hill Institute, Box Hill Hospital etc.
Key Features:
Strong Investment Potential: Proven rental history and high demand, 9% above
Modern Kitchen: Equipped with a 4-burner gas cooktop, dish drawer, microwave, fridge and ample storage
Functional Bathroom
Study and Meal Space: Perfect for students
Community Amenities: Shared laundry, communal lounge and outdoor BBQ area
Prime Location: Walking distance to Box Hill Institute, shopping centres, eateries, and public transport
Medical Hub: Conveniently located near Wellington Health and other medical facilities
Tranquil Surroundings: Enjoy the serene beauty of Box Hill Gardens
Don't miss this rare investment opportunity. Contact us today to schedule a private inspection.
Property History for 316/1 Wellington Rd, Box Hill, VIC 3128
- 25 Nov 2024Listed for Sale $140,000 - $150,000
- 11 Dec 2020Listed for Rent $180 / week
- 28 Nov 2016Listed for Rent - Price not available
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About Box Hill 3128
The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2011 was 9,671 people. By 2016 the population was 11,416 showing a population growth of 18.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation. In 2011, 46.5% of the homes in Box Hill were owner-occupied compared with 39.4% in 2016.
Box Hill has 11,471 properties. Over the last 5 years, Houses in Box Hill have seen a 5.92% increase in median value, while Units have seen a -4.45% decrease. As at 31 October 2024:
- The median value for Houses in Box Hill is $1,599,974 while the median value for Units is $502,414.
- Houses have a median rent of $590 while Units have a median rent of $550.
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