Knox City, VIC

The City of Knox is a local government area in the eastern suburbs of Melbourne, Victoria. The local property market is a mix of residential, retail and commercial properties. The residential properties are a mix of older and newer homes, and the prices vary depending on the location and size of the property.

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The majority of homes are owner-occupied, and there is a good selection of properties available to suit all budgets. Rental prices are reasonable, and there is a good choice of properties to rent. The area has good transport links, and there are a range of shops, schools and other amenities nearby.

The Knox City economy is based on a mixture of industry and agriculture. The town is home to a number of factories, including a meatworks and a cannery. There are also several dairy farms in the area.

Professionals (20.9 %), clerical and administrative workers (15.7 %), technicians and trades workers (15.2 %), managers (12.0 %), and sales workers (10.9 %) are the most frequent jobs in Knox. The typical weekly personal income for Knox residents aged 15 and older is $664.

In Knox, 84.7 % of inhabited private residences are detached houses, 12.1 % are semi-detached, row or terrace houses, townhouses, or other structures, 2.5 % are flats or apartments, and 0.5 % are other structures.

If you are looking to invest in property in Knox City, Victoria, there are a few things you should keep in mind. Firstly, it is important to do your research and find an area that is in demand and has potential for growth. Secondly, you should make sure you have a good understanding of the local market and what prices are reasonable for the area. Finally, it is important to have a solid investment plan and be prepared to stick to it, even in tough times.

Use the interactive dashboard below to learn more about the local property market before you invest.

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Capital Growth Heatmap

Property Market Snapshot

This page provides an overview of the LGA real estate market. The data in this snapshot illustrates typical price, median rent and gross yield metrics for this council area. You are able to drill down to suburb-level data and charts which visualise these 3 key metrics as well as other important indicators in the dashboard section that follows.

Buy 

2BR

3BR

4BR

5BR

Typical Price for houses in this council area. Percent changes indicate Year on Year growth or decline in house values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

2BR

3BR

4BR

5BR

Median Weekly Rent for houses in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

2BR

3BR

4BR

5BR

Yearly Gross Yield for houses in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for houses.

Buy 

1BR

2BR

3BR

Typical Price for units in this council area. Percent changes indicate Year on Year growth or decline in unit values. Council area house prices are calculated by averaging Typical Price of all suburbs within the area. Typical Price is a more accurate metric than Median Price.

Rent 

1BR

2BR

3BR

Median Weekly Rent for units in this council area. Percent changes indicate Year on Year growth or decline in rental prices. Calculated via median value formula applied to rental prices from online listings.

Yield 

1BR

2BR

3BR

Yearly Gross Yield for units in this council area. Calculated by multiplying the Median Rent by 52 and dividing the resulting value by Typical Price. Percent changes indicate Year on Year growth or decline in Gross Yield for units.

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Yield chart
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Demand chart
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unit to houses pie charts
Renters to owners pie chart
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IRSAD chart
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Index chart
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GRC chart

Confidence: High, Medium, Low

Supply

Stock on Market

Inventory

Hold Period

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SOM chart
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Inventory chart
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Hold chart
Demand

Days on Market

Vacancy Rate

Clearance Rate

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DOM chart
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Inventory chart
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Auction chart

All Supply / Demand cards and graphs on this page are published under a preliminary Beta release.
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Property Market in Knox City, VIC

What other property markets are there near Knox City, VIC?

Knox City is surrounded by 5 other council areas – Monash, Yarra Ranges, Maroondah, Whitehorse, Casey.

Suburbs/localities in this Local Government Area: Knoxfield 3180, Bayswater 3153, Rowville 3178, Scoresby 3179, The Basin 3154, Wantirna 3152, Wantirna South 3152, Boronia 3155, Ferntree Gully 3156

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