Knoxfield

POSTAL CODE: VIC, 3180
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Homeowners and real estate investors betting on KNOXFIELD, 3180 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 14.91%.

A steady increase in median property prices over a five-year period in the suburb translates to a 10.85% capital gain.

Property investors in KNOXFIELD enjoyed capital gains of 14.91% over the last 12 months translating to lower returns compared with its peers in the territory.

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,069,700.

Profits due to an upward trend in home prices there averaged 3.62% per annum over a 3-year period.

Home owners selling their properties and realtors in KNOXFIELD usually have to wait an average of 35.3 days days before their assets are lifted off the market.

Average weekly rents on listings have reached the $650 mark, reflecting a 3.16% increase in returns based on the current median price in KNOXFIELD.

KNOXFIELD, 3180 places 124th in Australia based on median property value growth during the quarter.

Surburb overview

Knoxfield is a middle-ring suburb in Melbourne’s south-east, located within the City of Knox. The suburb is situated approximately 26 kilometres south-east of the Melbourne central business district and is bordered by Scoresby, Wantirna South, Ferntree Gully and Rowville.

Knoxfield recorded a population of around 8,000 residents at the 2021 census, reflecting its relatively small residential footprint compared with neighbouring suburbs. The demographic profile includes families, professionals and older residents, with a median age slightly above the metropolitan average. Home ownership rates are moderate to high, indicating a stable residential base alongside areas of rental accommodation.

Housing in Knoxfield is predominantly detached dwellings on traditional suburban blocks, with some townhouse development and limited low-rise apartment construction. Residential density is generally low, with most housing located away from major arterial roads and industrial precincts.

A defining characteristic of Knoxfield is its substantial industrial and commercial land use. Large employment areas are concentrated along Ferntree Gully Road and surrounding streets, accommodating manufacturing, warehousing, logistics and office-based businesses. These precincts contribute significantly to local employment and daily commuter activity.

Public transport access is primarily bus-based, with no railway station located within Knoxfield itself. Bus routes operate along Ferntree Gully Road, Stud Road and Wellington Road, linking the suburb to nearby train stations and activity centres. Residents typically access rail services at Ferntree Gully, Glen Waverley and Dandenong stations via connecting bus services or private vehicles.

Road connectivity is a key feature, with Ferntree Gully Road, Stud Road and Wellington Road providing strong east–west and north–south links. EastLink and the Monash Freeway are accessible within a short driving distance, supporting regional travel.

Local retail and service amenities within Knoxfield are limited and largely oriented toward workers in industrial areas. Most residents rely on nearby centres such as Knox City, Wantirna South and Rowville for supermarkets, medical services and major retail. Educational facilities are not concentrated within the suburb, with schools accessed in surrounding residential areas.

Recreational amenities include local reserves, sporting grounds and proximity to larger open spaces such as Waverley Park. Shared walking and cycling paths connect parks with neighbouring suburbs.

Employment among residents spans manufacturing, trades, professional services, health care and retail. Knoxfield’s character is shaped by its combination of low-density housing, extensive employment precincts and strong road-based connectivity within Melbourne’s south-east.

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