Box Hill
Property profile for Box Hill, Melbourne. Median prices and property calculators.
Median Prices
Median House Price
$1,250,000
Approximate median for Box Hill, Melbourne
Median Unit Price
$520,000
Approximate median for Box Hill, Melbourne
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Estimated Stamp Duty
$61,250
On median house price of $1,250,000
Estimated Monthly Mortgage
$6,125
80% LVR, 6.2% rate, 30yr P&I
Estimated Deposit Needed
$250,000
20% of median house price
Estimates are approximate and based on the median house price. Use our calculators for exact figures.
About Box Hill
Box Hill is a designated Metropolitan Activity Centre in Melbourne's eastern suburbs, approximately 14 kilometres from the CBD. The suburb has evolved into one of Melbourne's most significant secondary commercial hubs, with a cluster of high-rise apartment towers, Box Hill Central shopping centre, and a bustling Asian dining precinct along Station Street and Market Street. Property includes older brick family homes on generous blocks in the surrounding residential streets, modern apartments in the town centre, and townhouse developments. Box Hill Hospital is a major public health facility serving the eastern suburbs. Transport connections are excellent, with Box Hill station on the Belgrave and Lilydale train lines and multiple bus routes converging at the interchange, plus tram route 109 running along Whitehorse Road to the CBD. The suburb has a strong Chinese community, reflected in the variety of restaurants, supermarkets, and cultural businesses. Box Hill Gardens is a popular local park with walking paths and barbecue facilities. The suburb is well-served by schools including Box Hill High School, which has a strong academic reputation. Box Hill appeals to families, students, professionals commuting to the CBD, and investors drawn by the suburb's ongoing high-density development and strong rental market.