5 Derwent St, Box Hill North is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 631m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in February 2017.
Stunningly versatile with rarely seen living flexibility matched only by light-filled and relaxed living and sleeping spaces and an ultra-convenient Box Hill North location, this impeccable 5 bedroom + 2 studio/study, 3 bathroom residence is a unique treasure that is definitely worth considering.
This property is split into separate dwellings, with the main single level property at the front making way for a surprise 2nd fully self-contained double level residence at the rear. The possibilities are endless with this unique set up. Large and extended families can utilise the design to maximise privacy, whether its teenagers living at home who want their own space, or elderly members of the family that desire their independence but still want to be within close proximity to the main residence.
There is also the potential to rent out the back property which would be perfect as a medical/professional practice, while this space would also be ideal as student accommodation with Box Hill TAFE and Deakin University not far away. There is also an intercom system which connects both dwellings making communication easy.
The size of Box Hill North is approximately 4 square kilometres. It has 14 parks covering nearly 9.4% of total area. The population of Box Hill North in 2011 was 10,971 people. By 2016 the population was 11,857 showing a population growth of 8.1% in the area during that time. The predominant age group in Box Hill North is 20-29 years. Households in Box Hill North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill North work in a professional occupation. In 2011, 69.5% of the homes in Box Hill North were owner-occupied compared with 65.1% in 2016.
Box Hill North has 6,294 properties. Over the last 5 years, Houses in Box Hill North have seen a 15.40% increase in median value, while Units have seen a 13.77% increase. As at 31 August 2024:
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