307/1 Wellington RoadBox Hill VIC 3128
Property Details for 307/1 Wellington Rd, Box Hill
307/1 Wellington Rd, Box Hill is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in April 2026. There are other 1 bedroom Apartment sold in Box Hill in the last 12 months.
Last Listing description (April 2026)
Positioned within walking distance to the heart of Box Hill, 307/1 Wellington Road presents an outstanding opportunity for investors seeking strong returns at an exceptionally low entry point.,
This compact 1-bedroom, 1-bathroom studio apartment offers a functional layout, including a separate bedroom zone, meals area, kitchen, bathroom, and a small private patio. The property is well suited to tenants seeking low-maintenance living in a highly convenient location.
Offered at $120,000, this is an extremely affordable investment with an estimated rental return of approximately $350 per week, representing strong yield potential.
The apartment does require some cosmetic improvement, including re-plastering due to wall damage, making it an ideal opportunity to add value with a simple renovation and further enhance rental appeal.
Outgoings (approx.):
• Body Corporate: $2,517 per annum (includes gas usage)
• Council Rates: $433.70 per annum
• Water Rates: $339.67 per annum
Key Details:
• 1 bedroom, 1 bathroom studio
• Functional floorplan with separate zones
• Private patio area
• Settlement preferred: 30–45 days
• Exceptional value buying
This is a highly affordable investment opportunity with scope to improve and capitalise on future growth in a blue-chip location.
Disclaimer:
All information provided, including rental estimates, outgoings, and property details, are approximate only and cannot be guaranteed. Prospective purchasers should make their own enquiries and rely on their own due diligence.
Property History for 307/1 Wellington Rd, Box Hill, VIC 3128
- 08 Apr 2026Sold
- 31 Mar 2026Listed for Sale $120,000
- 19 Mar 2025Sold for $150,000
Recent sales nearby
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About Box Hill 3128
The size of Box Hill is approximately 3.5 square kilometres. It has 18 parks covering nearly 14.2% of total area. The population of Box Hill in 2016 was 11395 people. By 2021 the population was 14353 showing a population growth of 26.0% in the area during that time. The predominant age group in Box Hill is 20-29 years. Households in Box Hill are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill work in a professional occupation.In 2021, 37.40% of the homes in Box Hill were owner-occupied compared with 39.40% in 2016.
Box Hill has 12,467 properties. Over the last 5 years, Houses in Box Hill have seen a -2.97% decrease in median value, while Units have seen a 8.49% increase. As at 30 April 2026:
- The median value for Houses in Box Hill is $1,627,878 while the median value for Units is $532,268.
- Houses have a median rent of $650 while Units have a median rent of $600.
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