108/300 Elgar Road, Box Hill South VIC 3128

108/300 Elgar Road, Box Hill South VIC 3128
This is a 2-bedroom, 1-bathroom villa with a 106.5m² internal floor area on a 121m² lot, built in 2014. It features built-in wardrobes, a private courtyard, and one parking space. Located within the Hayville Retirement Community, it is positioned for the senior buyer market in Box Hill South, offering a modern, low-maintenance floorplan that is smaller than typical suburban villas but well-suited to its intended demographic. What is competitively strong here is the property’s position within a dedicated retirement community offering significant on-site amenities and a secure, social environment. It is located close to Box Hill Hospital, Aqualink, and the major shopping centre, which are critical conveniences for its primary buyer. This configuration serves best as a downsizing option for an active retiree seeking a modern, lock-and-leave home with strong medical and recreational infrastructure nearby. The 2014 build also means it avoids the maintenance concerns of older stock. The property’s position within a retirement village may materially affect its resale value and marketability. Age restrictions and village-specific exit fees or deferred management costs could reduce the net proceeds compared to a standard freehold unit. The limited buyer pool, restricted to eligible seniors or their families, may also slow sale times. A prospective buyer should weigh these structural constraints against the lifestyle benefits and lower entry price point relative to unrestricted properties in the suburb.
Detailed Independent Property Report prepared  by PropCred Analyst team for 108/300 Elgar Road, Box Hill South VIC 3128
Checks found:
Value Risk
Liquidity Risk 2
Planning Risk 2
Income Risk
Execution Risk 2
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Market Insight

Box Hill South presents a stable, established residential market with a clear price hierarchy between its houses and more affordable units. Recent price trends for houses show resilience, while the unit market remains steady. Demand is supported by consistent sales activity, indicating sustained buyer interest. Future growth will be influenced by broader economic conditions and the suburb’s enduring appeal to families and investors seeking value within a well-serviced locale.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

121m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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