606 Elgar RoadBox Hill North VIC 3129
Property Details for 606 Elgar Rd, Box Hill North
606 Elgar Rd, Box Hill North is a 6 bedroom, 2 bathroom House with 4 parking spaces and was built in 1950. The property has a land size of 697m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in December 2013.
Last Listing description (November 2025)
Land Size: Approximately 697 sqm
Existing Dwelling: 6 rooms, 2.5 bathrooms, 4-car parking
Monthly Income: Based on 6 rooms at typical weekly market rates.
Amenities: Bus stops and food outlets (service station) only seconds away; Box Hill Central, Westfield Shopping Centre, and Box Hill Hospitals within a 10-minute drive
This corner block offers multiple pathways for growth:
Hotel/Accommodation Previously approved for a 10-room hotel. While the permit has lapsed, the precedent has been established and renewal is available to a new owner. Contact me for plans and permit.
Knockdown & Rebuild Reimagine the site with a luxury residence, business-residence, or multi-unit development (STCA).
Homestay Business Ideally located opposite Koonung Secondary College, where demand for student accommodation is strong, with rates from $430 per student.
The propertys prime Elgar Road frontage ensures maximum exposure, visibility, and prominent signage opportunities, making it highly attractive for business, accommodation, or residential use.
Opportunities of this calibre in Box Hill North are rare. Whether youre an investor, developer, Airbnb operator, or entrepreneur, this property provides strong holding income now with significant upside potential for the future.
Rental demand will only continue to rise.
Contact our office today.
Property History for 606 Elgar Rd, Box Hill North, VIC 3129
- 01 Sep 2025Listed for Sale Income Now, Endless Possibilities Later!
- 13 Feb 2025Listed for Sale Approved for Hotel Development!
- 26 Jun 2024Listed for Sale Not Disclosed
Recent sales nearby
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About Box Hill North 3129
The size of Box Hill North is approximately 4.0 square kilometres. It has 14 parks covering nearly 9.4% of total area. The population of Box Hill North in 2016 was 11874 people. By 2021 the population was 12337 showing a population growth of 3.9% in the area during that time. The predominant age group in Box Hill North is 30-39 years. Households in Box Hill North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Box Hill North work in a professional occupation.In 2021, 63.50% of the homes in Box Hill North were owner-occupied compared with 65.10% in 2016.
Box Hill North has 6,456 properties. Over the last 5 years, Houses in Box Hill North have seen a 14.42% increase in median value, while Units have seen a 22.69% increase. As at 31 December 2025:
- The median value for Houses in Box Hill North is $1,472,867 while the median value for Units is $944,921.
- Houses have a median rent of $650 while Units have a median rent of $625.
Suburb Insights for Box Hill North 3129
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