Box Hill: The new suburban apartment powerhouse
In hindsight it seemed like such an obvious choice that Box Hill would be sit at the peak of high density living in greater Melbourne. A natural hub with multimodal transport options, established health, retail and entertainment offerings and a diverse population, it has the ingredients to underpin what is an now unprecedented boom in apartment living within postcode 3128.
In all actuality Box Hill's rise has been a long process to this point, with a string of unrealised projects over the past decade. While Whitehorse City Council have been proactive in accepting measured higher density living within Box Hill's core, the market dynamics were such that various projects never actually proceeded to construction.
It has only been in the last 12 to 18 months that Box Hill has asserted itself as the dominant suburban apartment hot spot, with the exclamation mark coming in the form of Whitehorse Towers. With its 511 apartments selling in no time and its taller tower soon to reach 115 metres, Whitehorse Towers is the first in a new batch of buildings that will transform Box Hill.
A sweep through the Urban.com.au Project Database shows 23 current residential apartment projects within Box Hill, with in excess of 2,250 apartments in play. Of these 23 projects, 9 are currently under construction with the latest to join the ranks being Elland Avenue which began piling during November.
Further to these a number of other noteworthy projects are also on the Box Hill radar, the most prominent being 12-14 Nelson Road which is seeking approval for a 22 storey building containing 164 dwellings. Whitehorse City Council have indicated 12-14 Nelson Road is satisfactory in its site context and two further apartment developments at 5 Rodgerson Road and 9-11 Bruce Street received planning permits during October, the latter project advancing via VCAT.
Factoring in the projects that have yet to enter the Urban.com.au Project Database, the overall count of current apartment projects centred around Box Hill's core would exceed 30; a massive number in context.
The smaller projects underpin Box Hill's apartments success story, it's the tall projects surrounding Whitehorse Road that garner public attention. The latest to break cover is the most recent incarnation of 545 Station Street which has appeared in many guises, but is now known as Sky One.
Expected to be Box Hill's tallest development, Sky One is championed by Golden Age Group after their purchase of the site from AXF Poperty. Registrations of interest are open for the project which will be officially launched during early 2016.
The northern side of Whitehorse Road will likely also receive a substantial tower with plans afoot for a mixed-use building tower for the Spotlight Box Hill outlet that may well usurp Sky One as the suburb's tallest building.
Box Hill's popularity has also flowed into land sales with multiple development sites currently on offer. The buoyant residential sector has evidently given vendors confidence to hit the market with the expectation of receiving top dollar for their respective sites.
Seven large residential development land parcels are currently on offer within Box Hill, with two holding approval for residential schemes, namely 701 Station Street and 9-11 Ellingworth Parade. These sites follow hot on the heels of 820 Whitehorse Road which was sold recently with the onsite commercial complex expected to make way for a tower in excess of 25 levels.
The frequency and scale of the residential projects flowing into Box Hill have seen it become the apartment hot spot right now. A time of intense change is upon the suburb.
The following is a list of all Box Hill projects we have added to the Urban.com.au project database to date.