Box Hill Central North Masterplan Approves 1,700 Homes With 10% Affordable Housing

The government has approved the Box Hill Central North Masterplan. This delivers 1,700 new homes across seven multi-storey towers with a mandated 10 percent affordable housing contribution. The $1.57 billion mixed-use precinct sits near the new SRL Box Hill Station.

Projected Housing Needs Through 2041

The SRL East Draft Structure Plan anticipates 5,920 net additional dwellings required in the Box Hill area by 2041. Box Hill faces a gap of 2,190 fewer social and affordable dwellings than needed by that year. Rents have jumped 58 percent in the past four years. These figures frame current planning for population growth.

Recent Box Hill developments show affordable units offered at 20 to 25 percent below market rates without public subsidy. Examples include the SKY SQR towers and Local's new build-to-rent project. Residents seeking lower-cost options may access these units through private delivery.

Precinct Features and Daily Access

The precinct includes a civic plaza, public open space and new pedestrian paths. These elements connect to the SRL Box Hill Station and support movement for people living or working nearby. Local residents may see changes in available housing stock and open areas as construction advances.

The government says the policy will provide the planned homes and open space. Forward steps depend on project timelines already outlined in the masterplan documents. Community members can review details through the listed planning sources for updates on delivery.

Local experts note that the 10 percent contribution forms part of the overall 1,700-home target. This approach aligns with the structure plan's dwelling requirements. The combination of market-rate and below-market units addresses part of the identified shortfall without additional subsidy in some cases.