9/5 Archibald St, Box Hill is a 1 bedroom, 1 bathroom Unit and was built in 2009. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Box Hill in the last 12 months.
Built in 2009 and nestled within vibrant Box Hill, this 1 bedroom student apartment is a perfect entry into property investment. The contemporary complex features secure entry and intercom, plus a communal laundry and lounge area.
Features a separate living room and separate bedroom. Renovated bathroom. The property comes with built-in study desk, reverse cycle split system, adjacent to the kitchen. A spacious modern bathroom boasts a stone-topped vanity, whilst the kitchen features a stainless steel gas cooktop, complete with bar fridge!
The nearby convenience is outstanding: walking distance to Box Hill TAFE, Gardens, hospital, trams, buses and train station, plus Box Hill Central. With the increasing number of students seeking accommodation in a position like this. Currently rented at $1,434 per month until Feb'25. Approx. 10% return.
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 11,484 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:
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