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Overview
This rare 969 square meter rectangular site in Knoxfield stands out for its remarkable future potential and generous 26-meter frontage, offering an exceptional canvas for those looking to build a bespoke family home or explore lucrative multi-home development opportunities, subject to council approval.
The existing residence is a classic three-bedroom, one-bathroom home that benefits from a desirable north-facing backyard, a feature that enhances natural light and outdoor living prospects, particularly attractive to those seeking a peaceful and sunlit garden space.
Located within easy walking distance of Knox Park Primary and a variety of green spaces including Egan Lee Reserve, Lakewood Nature Reserve, Gilbert Park, and Knox Park itself—with its sporting facilities—this property lends itself well to active families and those valuing proximity to recreational amenities.
The area also serves educational needs effectively, with several reputable secondary schools nearby, such as Fairhills High School, Scoresby Secondary, St Andrews College, and The Knox School, along with Swinburne University's Wantirna campus within convenient reach.
Connectivity is another strong point for the site, with easy access to Westfield Knox shopping center, multiple local bus routes, and the Eastlink freeway, facilitating straightforward travel to Melbourne's city center. These qualities combine to make the property appealing to builders, investors, and owner-occupiers targeting long-term growth in a well-serviced and established suburb.
Local Market Insights
In Knoxfield, Quiet Listings observed 5 new houses entering the market over the last 30 days, up from 4 during the previous 30-day period, with an average advertised asking price of $835,800. The property type mix of listed properties is predominantly Houses at 71%, followed by townhouses (14%), and commercial properties (14%). The most active agency for houses in the Knoxfield area is currently Ray White, representing 80% of new listings, followed by Barry Plant with 20%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Market Insights for Knoxfield VIC 3180
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