1604/545 Station Street, Box Hill VIC 3128
1604/545 Station Street, Box Hill VIC 3128
A 2-bedroom, 2-bathroom unit on level 16 at 545 Station Street, Box Hill, with 1 secure car space and access to complex amenities including a gym and pool. The property features floorboards, built-in robes, air conditioning, a balcony, and an ensuite. It sits within a modern high-rise tower, is zoned for Box Hill High School, and offers strong connectivity for urban living.
This property’s combination of two bathrooms and an ensuite is uncommon in Box Hill’s older low-rise flats, giving it a clear edge for household flexibility. Its high floor position provides open views and separation from street noise, which is valued in a dense urban setting. Central to Box Hill’s transport hub and school catchment, it suits professionals or small families who prioritise low-maintenance living and immediate access to amenities. The complex facilities further differentiate it from typical suburban stock, reinforcing its appeal as a lock-and-leave option in a transit-oriented zone.
Proximity to the Suburban Rail Loop infrastructure may introduce temporary construction disruption, which could influence short-term convenience. The high floor and aspect might enhance desirability and resale value, while the on-site gym and pool are likely to maintain tenant interest. Rental yield potential is supported by consistent demand in the area, though unit density within the complex should be weighed when forming a view on price.
Detailed Independent Property Report prepared by PropCred Analyst team for 1604/545 Station Street, Box Hill VIC 3128
Checks found:
Value Risk
2
Liquidity Risk
Planning Risk
Income Risk
1
Execution Risk
1
URL has been copied successfully!
Market Insight
Box Hill is a high-density, professionally-oriented suburb with a youthful demographic, where apartment living dominates the housing stock. Demand is driven by a significant rental population and professionals, supported by strong unit rental yields. The market is currently divergent, with house prices showing resilience amid softer conditions, while the unit segment has experienced notable price corrections, indicating potential oversupply. Future growth hinges on the suburb’s appeal to its core demographic, though affordability for houses remains a constraint and the apartment market’s sensitivity to supply presents a key risk.
URL has been copied successfully!
PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
2596m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
URL has been copied successfully!