House and Land Box Hill
House and Land Box Hill
Sydney Real Estate Group is proud to present the exciting opportunities that await you in Box Hill. Nestled amidst Sydney’s vibrant landscape, Box Hill offers a unique blend of urban convenience and captivating natural beauty.
With its picturesque surroundings and excellent amenities, it’s no wonder this area is quickly becoming a sought-after address for those seeking a perfect balance between tranquillity and connectivity.
Overview of the real estate market in Box Hill
The real estate market in Box Hill is flourishing, characterised by steady growth and an escalating demand for properties. This vibrant suburb, with a population of 14,353 according to the 2021 census, is a hotspot for house and land packages, especially within esteemed estates like Hills of Carmel, High Grove, The Gables, Albert Park, Halcyon Rise, Victoria Estate, Akora, and The Orchard. Offering a diverse range of housing options, from spacious family homes to stylish apartments, Box Hill caters to every lifestyle and budget.
Overview of the real estate market in Box Hill
Availability
Box Hill has 206 properties available for rent and 303 properties for sale, providing ample options for both renters and buyers.
Median Property Prices
Over the past year, median property prices in Box Hill have shown resilience, ranging from $1,705,000 for houses to $580,000 for units, catering to a diverse range of budgets and preferences.
Investment Potential
For investors seeking lucrative opportunities, houses in Box Hill offer rental returns of $622 per week, translating to an annual rental yield of 2.3%. Meanwhile, units command a rental income of $550 per week, boasting a higher rental yield of 5.8%. These figures underscore the promising investment potential within the house and land Box Hill property market.
Growth Trends
Box Hill has experienced robust growth in property values, with houses witnessing an annual compound growth rate of 6.2% and units achieving a commendable growth rate of 5.5%. These growth trends highlight the resilience and desirability of Box Hill as a property investment destination.
Why Should You Buy House and Land in Box Hill?
Location and Accessibility
One of the primary reasons to consider buying property in Box Hill is its unparalleled location and accessibility. Located approximately 50 kilometres northwest of the Sydney CBD, Box Hill emerges as a fresh addition to The Hills Shire.
Characterised by lush greenery and an upscale ambiance, this flourishing suburb boasts an abundance of premium housing estates and modern developments. Positioned as a pivotal component of the NSW Government’s North West Growth strategy, Box Hill plays a vital role in addressing Sydney’s housing shortage.
Affordability and Value
Despite its proximity to the city, Box Hill offers a more affordable alternative for homebuyers, making it an attractive option for first-time buyers and families. With a range of housing options available at competitive prices, investing in property in Box Hill provides excellent value for money and long-term appreciation potential.
Lifestyle and Community
Beyond its practical advantages, Box Hill boasts a vibrant community atmosphere and a plethora of recreational amenities. From parks and playgrounds to shopping precincts and dining hubs, Box Hill caters to diverse interests and lifestyles, fostering a sense of belonging and camaraderie among residents.
Future
As a designated priority growth area, Box Hill is set to undergo significant transformation. Plans include the establishment of a major town centre, the introduction of new primary and secondary educational facilities, the creation of expansive parklands, the implementation of bike paths, and the development of three distinct village centres.
This proactive approach has spurred rapid land sales across various estates, indicating strong demand and a promising future for house and land Box Hill.
What are the Benefits of Investing in House and Land in Box Hill?
Potential for Growth
The real estate market in Box Hill has shown consistent growth over the years, with property values steadily appreciating. As the area continues to undergo development and infrastructure improvements, investing in house and land in Box Hill presents an opportunity for capital growth and financial security in the long run.
Variety of Options
Whether you're looking for a spacious family home or a contemporary apartment, Box Hill offers a diverse range of housing options to suit every taste and budget. From modern townhouses to expansive estates, there's something for everyone in Box Hill, ensuring that buyers can find their dream home without compromise.
Convenient Transport
Box Hill enjoys convenient accessibility from the east via Windsor Road, facilitating smooth travel for residents and commuters. For those reliant on public transportation, train services are readily available from neighbouring suburbs such as Riverstone and Rouse Hill, offering efficient connectivity to key destinations.
Vibrant Shopping Hub
Residents can explore the neighbouring Rouse Hill Town Centre, a well-established retail precinct boasting a wide array of stores including Coles, Woolworths, Target, Big W, Best & Less, The Reject Shop, JB Hi-Fi, and Rebel Sport. Additionally, residents can explore Rouse Hill Town Centre for its unique blend of amenities, including fruit and vegetable markets, cozy cafes, and multiple health and beauty salons. Box Hill Town Centre promises to be a bustling retail hub, projected to accommodate 30,200 residents by 2036.
Fitness and Recreation Options
Fitness enthusiasts in Box Hill and surrounding areas have access to a range of specialist gyms, catering to diverse interests such as CrossFit, yoga, and gymnastics, ensuring ample opportunities for maintaining an active lifestyle.
Reputable Educational Institutions
Box Hill is surrounded by reputable educational institutions, including Rouse Hill Public School, Oakville Public School, Ironbark Ridge Public School in Rouse Hill, Rouse Hill High School, Rouse Hill Anglican College, Windsor High School in McGraths Hill, and Hills Adventist College in Kellyville, providing quality education options for families in the area.
Don’t miss out on the chance to claim your slice of paradise in Box Hill. Whether you’re looking for a family home or an investment property, now is the perfect time to explore the endless possibilities that await you in this vibrant community.
To explore your options and start your journey towards owning property in Box Hill, please feel free to contact us @ 1300 482 567 or via email @ enquiries@sreg.com.au. With a focus on Shared Equity Schemes, Government Grants, and Essential Workers Eligibility, we are committed to providing you with expert guidance and support every step of the way.
Amenities in Box Hill
Shopping Centres
- Box Hill Town Centre
Educational Institutions
- Rouse Hill Public School
- Oakville Public School
- Ironbark Ridge Public School
- Windsor High School
- Hills Adventist College
Transportation
- Public train and buses
- Cycling routes
- Private vehicles
Healthcare services
- Eastern Health Box Hill
- Whitehorse Day Surgery