The best of Box Hill: The top three apartments on the market in Box Hill right now
Box Hill is a thriving suburb just 14 kilometres east of Melbourne. The suburb is set to undergo expansive growth and development over the coming years, due to its crowning as a Metropolitan Activity Centre.
A major transportation hub for Melbourne's eastern suburbs, Box Hill is home to one of the city's busiest train stations, located beneath Box Hill Central. It is also served by the route 109 tram and numerous bus routes.
Retail is also plentiful with Box Hill Central. It was 2007 when two shopping centres merged to create Box Hill Central, which is integrated with a bus interchange and the Box Hill railway station.
Prices start from as low as $395,000 at some of the current developments on the market in Box Hill, well below Melbourne's median of $610,000, as calculated by CoreLogic.
As the suburb’s cultural diversity and growing appeal have made it one of the more desirable places to live in Melbourne's east, Urban has taken a deeper dive into some of the best apartment developments set for Box Hill.
1. Spring Street
One-bedroom apartments starting from $395,000
Spring Street
Investors and first home buyers have both been attracted to Spring St, the newest mixed-use development slated for Box Hill.
The low price point in the project, the first in Box Hill designed by the renowned architecture firm Elenberg Fraser, has both investors and first home buyers keeping their eyes peeled.
Set in a quiet and leafy area in the bustling heart of Box Hill, Spring St provides convenient public transport, with the 109 tram, trains and buses nearby, as well as local shops and cafes. The ground level of Spring St will also home a number of retail and dining options.
Within a few hundred metres is the Box Hill RSL and Bowls Club, which meets Box Hill Gardens, a one kilometre urban park with sports courts, a running track, barbecue areas, ponds, and a playground.
The development of 312 apartments will also feature a 25 metre pool with spa, a sauna, gym, yoga room and more. Completion is set for 2024.
Read more: Why Spring St, Box Hill apartments are attracting both first home buyers and investors
2. Prospect apartments
One-bedroom apartments starting from $422,370
With hotel-style amenities, a vibrant community and contemporary design, Prospect Apartments is one of R&F Property’s latest multi-residential projects.
Situated at 9 Prospect Street, Prospect Apartments will home 193 apartments in one, two and three-bedroom configurations. Designed by Hayball, the exterior boasts an elegant and refined form with a poised glass façade.
Each apartment offers residents a choice between an East Scheme and West Scheme, each offering unique design perspectives that present a calming family space. Among the project’s numerous amenities are a porte-cochèrre, pool gym and concierge service.
Prospect is expected to reach completion in 2022.
3. The Parade
One-bedroom apartments starting from $465,000
Recently completed is the boutique apartment development The Parade, also designed by Hayball.
Comprising just 58 one and two-bedroom residences across 12 floors, The Parade's signature cascading facade gives the ability to deliver larger than average balconies with uninterrupted sky views, as well as light-filled living spaces across a number of different floorplans.
Designed with the latest environmental standards, The Parade incorporates sustainable materials and the harvesting of rainwater and sunlight, a benchmark and example for further Box Hill development.