Free full calculator โ†’
Suburb Insights ยท VIC 3128

Box Hill 3128, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Box Hill is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 14,353, making it a smaller community. Located approximately 14 km from the Melbourne CBD, Box Hill is a middle ring area in Victoria. The median household income is $65,884 AUD per year (ABS 2021 Census).

Investment Score

60 / 100 Moderate

Household earnings in Box Hill are below the state average, which may affect long-term capital growth. Close CBD access strengthens tenant appeal and resale value.

Location

Map shows Box Hill, Victoria, Australia.

Key Indicators

Postcode
3128

Official Australia Post postcode for Box Hill. A postcode may cover multiple suburbs.

Australia Post Postcode Finder โ†’
Population
14,353

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$381/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

State Rental Authority โ†’
Median Household Income
$65,884/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
14 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
4

Estimated 4 schools within or near this suburb based on ABS 2021 data.

Find schools near Box Hill on My School โ†’
Parks & green spaces
6

Estimated 6 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,950/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
18% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Box Hill's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $381/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,950/month. With only 18% separate houses, Box Hill has a significant apartment and unit market โ€” typical of inner-city investment corridors.

Investment Strategy

โš ๏ธ
Buy & Hold

Box Hill offers moderate buy-and-hold potential โ€” look for properties with value-add opportunities.

โš ๏ธ
Rental Yield

Expect competitive but not exceptional rental returns in Box Hill's current market.

โœ…
Renovation / Flip

Older housing stock in Box Hill combined with strong buyer demand creates solid renovation upside.

Risk Factors

Run the numbers on a Box Hill property

Full Property Analysis

30-year projections for Box Hill

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

Create free account โ†’
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Price movement in Box Hill is expected to be flat to modest in 2026, reflecting broader regional market conditions. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Box Hill offers measured appeal for investors willing to look beyond headline metrics.

Frequently Asked Questions

Is Box Hill a good suburb for investment?

Box Hill is a middle ring area in Victoria with a population of 14,353. The median rent is $381/week and the median household income is $65,884/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Box Hill?

Key demand drivers in Box Hill include established amenities and transport access. 18% of dwellings are separate houses. The area has approximately 4 schools and 6 parks nearby.

What is the population of Box Hill?

According to the ABS 2021 Census, Box Hill has a population of approximately 14,353. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Box Hill from the Melbourne CBD?

Box Hill is approximately 14 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

Explore Nearby Suburbs

Victoria Property Resources