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1005/11 Prospect Street

Box Hill, VIC 3128, Australia
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2 bed 2 bath

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About this property

1105/11 Prospect Street, Box Hill VIC 3128 2 Bed | 2 Bath | 1 Car Price Guide: $610,000 (Negotiable) Positioned in one of Melbourne's most established and high-demand eastern hubs, this modern two-bedroom apartment presents an outstanding opportunity for investors seeking a low-maintenance asset with strong rental fundamentals and long-term growth prospects. Located just moments from Box Hill Central Shopping Centre and Box Hill Train Station, the property benefits from excellent public transport connectivity, major retail amenity and close proximity to leading education and medical precincts key drivers of consistent tenant demand. The apartment features a well-designed open-plan layout enhanced by double-glazed windows, providing superior sound insulation and year-round comfort. The living and dining area flows to a private balcony with an open outlook and no prominent obstruction, a highly desirable feature in apartment living. Both bedrooms are generously proportioned with built-in robes, including a master bedroom with ensuite. The contemporary kitchen is appointed with stone benchtops, gas cooking and quality appliances, offering durability and appeal for long-term leasing. Investment Highlights Reduced price $610,000 (negotiable) Motivated vendor property must be sold Strong rental demand from professionals, students and medical workers Prime Box Hill location close to transport, shopping and dining Double-glazed windows for quiet, energy-efficient living Secure building with intercom, lift access and car space Zoned for Mont Albert Primary School and Box Hill Senior Secondary College No flood, bushfire or heritage overlays (low-risk holding) Offering immediate appeal and long-term confidence, this property represents a smart addition to any investment portfolio or a strategic entry into Melbourne's eastern growth corridor.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
2
Listed
3 months ago

Repayment calculator

$2,921/month
$1,460 /fortnight
Loan $482,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$120,500
Stamp duty$31,220
Conveyancing (est.)$2,000
Total upfront$153,720
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Box Hill

This 2-bedroom apartment in Box Hill, VIC 3128 sits within reach of public transport, local shops and nearby schools.

Schools near Box Hill

  • Kingswood Collegecombined · Prep-12 · CoEd
  • St Francis Xavier's Schoolprimary · Prep-6 · CoEd
  • Box Hill High Schoolsecondary · 7-12 · CoEd
  • Our Lady of Sion Collegesecondary · 7-12 · Girls
  • SEDA College (Victoria) - Cricket Australia - Box Hillsecondary

What's nearby

  • Stop 58: Box Hill Central (tram)281 m away
  • Selene's Chocolate Cafe285 m away
  • Fairbank Park138 m away
  • Unnamed378 m away
  • Unnamed419 m away

Box Hill at a glance

Full suburb profile
Population
14,353
Median age
33
Household income
$1,267/wk
Median rent
$381/wk
Median mortgage
$1,950/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Box Hill price trend

Median sold · Unit 2 bed

Compound growth +0.0% / yr over 4 yrs

$559kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Box Hill market

Within 5km

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