Box Hill South at a glance
8,335
People
$1,120,000
Median sale
$560/wk
Median rent
2.60%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
VIC › Box Hill South › Elgar Rd
$880,000
Last sold
8 Aug 2025
4
Bedrooms
2
Bathrooms
0
Car spaces
181 m²
Land
80 m²
Building
Districts View
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$880,000
8 Aug 2025 · derived via latest_sale
Local land rate: recorded House sales in Box Hill South (last 5 years) with land size have a median of $2,772/m² of land (n=34). Districts calculation from recorded sales — not a valuation.
Box Hill South at a glance
8,335
People
$1,120,000
Median sale
$560/wk
Median rent
2.60%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Vs Box Hill South
-21.4%
Median sale
Suburb $1,120,000
+0.71 pp
Gross yield
Suburb 2.60%
Suburb median $1,120,000 from 20 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
COMMERCIAL 1 ZONE
C1Z
Jurisdiction
Whitehorse
Whitehorse, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 182 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. The listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $560/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned COMMERCIAL 1 ZONE · C1Z (ZN). Official parcel area about 182 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownlowThe listing may look cheap relative to land or the street. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1; DESIGN AND DEVELOPMENT OVERLAY - SCHEDULE 4. Pay house money or walk — do not pay site money until a planner confirms a pathway through this stack.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Nearby
Area
Box Hill South at a glance
8,335
People
$1,120,000
Median sale
$560/wk
Median rent
2.60%
Suburb gross yield
Median sale from 20 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by OBrien Real Estate BlackburnWelcome to our latest retail property listing. We are excited to present to you a unique opportunity to acquire a commercial space with incredible potential for development and growth. This property, located in a prime area, offers a blank canvas for the discerning investor or business owner to create their vision of a thriving retail environment.
Location – Positioned in a high-traffic area with excellent visibility, this retail space offers tremendous exposure and marketing opportunities for any business. Tram 70 is on the doorstep, providing excellent public transport access.
Size – Boasting a total land area of 180 square meters and a building area of 80 square meters, this property provides ample space to accommodate a variety of retail concepts.
Zoning – With a Commercial 1 Zone classification, this property offers the flexibility to accommodate a broad range of businesses.
Potential - Approved plans for a three-story complex make this property a rare investment opportunity. The plans include a retail shop on the ground floor, commercial space on the first level, and four bedroom residential apartment on the top floor.
Plenty of parking is available in front of the property, ensuring easy access for customers and residents.The planned complex provides a unique opportunity for the astute investor or business owner to create a mixed-use development that can generate income from both commercial and residential spaces. The addition of four apartments will provide a steady rental income stream, while the retail shop can serve as the perfect anchor tenant to attract more foot traffic to the area.
We invite you to explore the endless possibilities of this property and envision the potential that it holds. To schedule a private viewing or to request further information, please do not hesitate to contact us. Thank you for considering this unique opportunity, and we look forward to hearing from you soon.
For more information or a copy of the plans please get in touch.
Note: Can't attend the auction? No problem, you can still participate online. You can watch, or even bid at this auction online using Anywhere Auction website and app. Contact us for more information.
Listing description written by Harry Singh, OBrien Real Estate Blackburn — reproduced as published, not verified by Districts.