7 Saxton Street, Box Hill North VIC 3129
7 Saxton Street, Box Hill North VIC 3129
818m² single-level family house | established Box Hill North | school proximity | practical parking, traditional character | older fabric to budget
A rare combination is offered here: an 818m² single-level family house set in established Box Hill North. The property is served by a front porch, separate living zones, two bathrooms, a large shed, and practical off-street parking, all within walking distance of strong public schooling and parkland. In a suburb where older detached homes on substantial lots are typical, this house is best suited to families who want proven school catchment, traditional character, and enough land to update without taking on a full rebuild. Its layout and maintained presentation are seen as strengths for owner-occupiers planning a long-term family base.
Value may be shaped most by the fabric’s age and condition, notably the combined bathroom/laundry and traditional fireplace, which may feel dated. Price may also be shaped by extent of upgrades, orientation, and shed/garage condition. Modernisation costs should be weighed against the strength of the land holding, but significant renovation may narrow the buyer pool.
Detailed Independent Property Report prepared by PropCred Analyst team for 7 Saxton Street, Box Hill North VIC 3129
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
2
Execution Risk
2
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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: 24 Saxton Street sold for $1.88M in 2017 | Property Price Band: $1.3M-$1.4M | Value Drivers: land size, school catchment, single-level layout
Bedrooms
4
Bathroom
2
Parking
2
Land
818m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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