Box Hill North runs on family houses, and the demand behind them has held up better than the headlines suggest. Around ninety three-bedroom homes and close to seventy four-bedroom homes sold over the past year, and this is an owner-occupier suburb, with roughly two in three residents owning rather than renting.
What stands out is the top of the market. Five-bedroom houses here are clearing at close to eight in ten, unusual at a time when larger homes elsewhere are slowing, and the three-bedroom median sits near $1.201m with a healthy pass rate. The softer spot is the four-bedroom bracket, where clearance eases into the mid-fifties.
If you are selling a three or five-bedroom home the competition is real and the timing is with you. For four-bedroom owners the buyers are there but more selective, so pricing to this year's comparable sales, rather than last year's, is what turns interest into an offer.
Median sale price for houses in Box Hill North is $1,340,000, up 2.4% from last year.
Median sale price for units in Box Hill North is $765,400, down 5.4% from last year.
Properties sold for houses in Box Hill North is 193, up 2.7% from last year.
Properties sold for units in Box Hill North is 55, up 19.6% from last year.
Auction clearance for houses in Box Hill North is 66.7%, down 5.5% from last year.
Auction clearance for units in Box Hill North is 74.2%, down 11.0% from last year.
Av days on market for houses in Box Hill North is 48, down 11.1% from last year.
Av days on market for units in Box Hill North is 58, up 34.9% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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