Back 453/484 Elgar Rd
Off Market

453/484 Elgar Rd

Box Hill VIC 3128

1
1
Apartment
Tony KwanTony Kwan, last sold this property on 01 June 2025 after 114 days on market.

Overview

Strong Cash Flow & Prime Location: The Perfect Box Hill Investment

Looking for a solid cash-flow investment to enhance your portfolio? This top-floor apartment is the perfect choice. It currently generates a rental income of $1,173 per month, with a rent increase to $1,304 per month starting from April 11, 2025. The lease is set to end on February 4, 2026. This bright, light-filled apartment features a one-bedroom layout that is sure to impress. Its highly convenient location is just a stone's throw away from Box Hill TAFE, the world-class hospital precinct, and buses that go straight to Deakin University. Enjoy the south-facing balcony and the well-designed living/dining area, complete with a sparkling bathroom and a stylish stone kitchen that has a glass splashback. Your tenants will love the dream lifestyle this apartment offers, with easy access to Box Hill Central's delicious dining options, the city-bound train, the 109 tram to Balwyn and Kew, and the bus to Westfield Doncaster. • Contemporary one-bedroom, one-bathroom apartment • Top floor with a spacious balcony • Stylish stone kitchen • Split heating & cooling system • Just meters from Box Hill TAFE and hospitals • Walkable distance to Box Hill Central, buses, train, and tram

Features

1 bedroom
1 bathroom
Apartment

Estimated Value

Based on this property and similar 1 bedroom apartments sold in Box Hill over the last 12 months, the estimated median property value of 453/484 Elgar Rd is $318k.

Median value
$318k
Estimated value range
$88k - $447k
Median days on market
33
Estimated value trend
10%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Box Hill. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 453/484 Elgar Rd

2025
Sold
Undisclosed
01 Jun 2025 by Tony Kwan, of Barry Plant Whitehorse (Box Hill)

Happy sellers in Box Hill

66%
66% of sellers in Box Hill reported that their sale price either exceeded or met their price expectations.

Box Hill stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Box Hill over the last 12 months.

Local market activity for 1 bedroom apartments in Box Hill

In the last 12 months, 66 one-bedroom apartments similar to 453/484 Elgar Rd, have been sold.

This represents a 34% decrease in one-bedroom apartments sales when compared to the previous 12 months.

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