10/19 Cambridge Street, Box Hill VIC 3128
10/19 Cambridge Street, Box Hill VIC 3128
Large three-bedroom apartment | double-storey layout | north-facing balcony | two secure car spaces | no pets allowed
This property stands out in Box Hill because it is a genuinely large, double-storey apartment with three bedrooms, two bathrooms, and two car spaces โ a configuration far less common than the typical compact one- or two-bedroom unit in the area. The north-facing balcony and separated living and sleeping zones make it particularly suited to owner-occupiers, downsizers, or families who want apartment convenience without sacrificing space or light. The buildingโs established owner-occupier base and longer average tenure suggest it appeals to those prioritising stability and liveability over short-term rental returns.
The propertyโs value may be influenced by the buildingโs actual age, which appears older than the listingโs โ12 months oldโ phrasing implies, likely referring to a recent refresh rather than original construction. The no-pets rule could narrow the potential tenant pool slightly, though the rare configuration and two secure car parks may offset this constraint. Buyers should weigh the premium for a larger, dual-level apartment against the buildingโs true vintage and consider how the north-facing aspect and generous layout might support stronger long-term demand from families or downsizers.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 10/19 Cambridge Street, Box Hill VIC 3128
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.