914 Station Street, Box Hill North VIC 3129
914 Station Street, Box Hill North VIC 3129
6-bed, 3-bath, 2-car on 725m² | rare family scale | owner-occupier fit over investor yield | Station Street corridor convenient but mixed | value tied to condition
A larger-than-typical family house is offered here: six bedrooms, three bathrooms, and two car spaces set on 725 square metres. That scale is rarely found within Box Hill North’s established residential stock, where older four-bedroom layouts are more common. A property of this size is therefore positioned as a family-upsize option, with room for multi-generational households, home office zones, or growing children. School catchments and transport access are available to this part of the suburb, so the house should be viewed as a practical family holding rather than a boutique or prestige property. It is most suited to owner-occupiers planning a longer stay, not investors seeking strong cash flow.
Value may be shaped by interior condition, renovation quality, building age, and layout form. Street exposure on Station Street should be weighed against convenience, and the mixed corridor means presentation will likely determine how firmly the price holds. A lower detached-house yield is expected at this level, so the property might be best judged on long-term living utility rather than immediate rental return.
Detailed Independent Property Report prepared by PropCred Analyst team for 914 Station Street, Box Hill North VIC 3129
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
1
Income Risk
1
Execution Risk
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Market Insight
Box Hill North, in Melbourne’s middle eastern suburbs, holds a median house price of roughly $1.35–1.4 million, with annual growth spanning 1.9–5.7% across sources. Units show tighter supply and stronger momentum, with medians from $725,000 to $938,000 and growth up to 15.8%, pointing to investor and renter demand for attached stock. Houses sell in 26–48 days, and annual sales volume of 128–154 properties confirms consistent turnover. Families and owner-occupiers dominate qualitatively, though exact splits are unquantified. Convenient location and infrastructure access underpin buyer appeal, while gross rental yields remain low for houses at about 2.5%, but firmer for units at 3.8–3.9%, reinforcing investor focus on units. Future growth rests on steady demand and limited land, but affordability is the key constraint: house prices near $1.4 million with modest yields may dampen further capital gains if rates or supply conditions shift.
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PropCred Estimated Value
Comparable Sales: 834 Station Street, Box Hill North sold $685k | Property Price Band: $1.5M-$1.6M | Value Drivers: condition and renovation quality, land size, internal layout
Bedrooms
6
Bathroom
3
Parking
2
Land
725m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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