506/490 Elgar Road, Box Hill, VIC 3128 | Property Value & History | OnTheHouse
OFF MARKET

506/490 Elgar Road
Box Hill VIC 3128

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 55m2
Land area: 597m2
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Property Details for 506/490 Elgar Rd, Box Hill

506/490 Elgar Rd, Box Hill is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 597m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in March 2025.

Building Type
Unit
Year Built
2011
Floor Size
55m2
Land Size
597m2
Local Government
Whitehorse
Lot/Plan
58/PS644444

Last Listing description (April 2025)

This well-presented 1-bedroom, 1-bathroom apartment is an ideal opportunity for first-time buyers and investors. Located in the highly sought-after Box Hill, the apartment is north-facing, filling the space with natural light and offering a quiet, peaceful setting away from the main road.

With a split system for year-round comfort, a well-equipped kitchen featuring a gas stove and dishwasher, and a cozy carpeted living space, this apartment offers both style and convenience. The tiled kitchen and bathroom add low-maintenance appeal, and the private balcony provides a perfect spot to relax. A communal coin laundry is also available for added convenience.

Perfectly positioned, the apartment is close to Deakin University, Box Hill Institute, Box Hill Central, and tranquil spots like Box Hill Gardens and Surrey Park. Local cafes, restaurants, and sports facilities like Box Hill Hawks Football Club and AquaLink Box Hill are nearby. Excellent public transport options, including Box Hill Station and bus routes along Elgar Road, provide easy access to the city and Eastern Freeway.

Whether for your first home or an investment, this apartment offers exceptional value. Arrange a private inspection today at 506/490 Elgar Road, Box Hill!

Property History for 506/490 Elgar Rd, Box Hill, VIC 3128

A timeline of how this property has performed in the market
Last Sold
$125,000
24 Mar 2025
Listed for Rent
$280/w
14 Nov 2023
  • 24 Mar 2025
    Sold for $125,000
  • 11 Feb 2025
    Listed for Sale Under Offer
  • 25 Oct 2024
    Listed for Rent $330 / week
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About Box Hill 3128

The size of Box Hill is approximately 3.5 square kilometres. There are 18 parks, covering nearly 14.2% of the 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 12,481 properties. Over the last 5 years, Houses in Box Hill have seen a -8.40% decrease in median value, while Units have seen a 12.52% increase. As at 31 May 2026:

  • The median value for Houses in Box Hill is $1,589,973 while the median value for Units is $549,177.
  • Houses have a median rent of $650 while Units have a median rent of $600.
There are currently 122 properties listed for sale, and 39 properties listed for rent in Box hill on OnTheHouse. According to Cotality's data, 603 properties were sold in the past 12 months in Box hill.

Suburb Insights for Box Hill 3128

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.