19/1219-1221 Riversdale Road
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About this property
• Normal Residential Property, NO student accommodation title applied Positioned within a tightly held boutique complex of only 21 residences, this vacant studio apartment presents a scarce opportunity to secure an affordable foothold in one of Box Hill South's most consistently in-demand locations. Offering immediate rental appeal with an estimated return of approximately $305-$325 per week, the property delivers strong fundamentals for investors seeking reliable yield and long-term growth potential. The studio is well configured with essential internal amenities including a functional bathroom and compact living space, complemented by a secure basement car space, ensuring both practicality and convenience in everyday use. What sets this opportunity apart is its exceptional connectivity. Located within walking distance to key lifestyle and transport amenity, the residence is surrounded by a wide range of educational institutions spanning early learning through to tertiary level, including access to respected private schools and universities. Recreational options are abundant, with nearby parks, sporting facilities, golf courses, and the Gardiners Creek Trail offering a strong lifestyle component. Daily convenience is further enhanced by proximity to local shopping strips, supermarkets, cafés, and restaurants, while major retail destinations such as Box Hill Central, Westfield Doncaster, Burwood One, Forest Hill Chase, and Chadstone Shopping Centre are all within easy reach. Public transport is highly accessible, with tram, bus, and train connections nearby, providing seamless access to the wider Melbourne network. Direct freeway access via the Eastern Freeway and EastLink further enhances long-term desirability. Set within the highly sought-after Box Hill High School zone, this property represents a rare entry point into a blue-chip eastern suburbs locale, suitable for investors or future owner-occupiers seeking location-driven value. Settlement terms: 30/45/60 days, 10% deposit.
Property Details
- Property Type
- studio
- Listing Type
- For Sale
- Bedrooms
- 1
- Bathrooms
- 1
- Parking
- 1
- Listed
- 2 weeks ago
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Neighbourhood
Living in Box Hill South
This 1-bedroom studio in Box Hill South, VIC 3128 sits within reach of public transport, local shops and nearby schools. It is listed 90% below the $1.36m median of 66 comparable studioswithin 5 km.
Schools near Box Hill South
- Roberts McCubbin Primary Schoolprimary · Prep-6 · CoEd
What's nearby
- Boardman Close/Station Street (bus) — 404 m away
- Linden Auto Service — 59 m away
- John Stubbs Reserve — 94 m away
- Unnamed — 160 m away
- Unnamed — 228 m away
Box Hill South at a glance
Full suburb profile- Population
- 8,491
- Median age
- 39
- Household income
- $1,928/wk
- Median rent
- $425/wk
- Median mortgage
- $2,400/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Box Hill South price trend
Median sold · House 3 bed
Compound growth -1.0% / yr over 4 yrs
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Price history
Listing price changes
2 price changes recorded for this property
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