Thinking about buying in Knox? Now could not be a better time, with 14196 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,315,000 with prices in this suburb ranging from $330,000 to $4,661,000. The aproximate distance to the coast is 13 Km.
Median Weekly Rent | $462.20 |
Median Monthly Mortgage | $2082.93 |
Median Persons Per Bedroom | 0.80 |
Average Household Size | 2.97 |
Average Age | 41.66 |
Average Income | $851.10 |
Average Cars Per Dwelling | 2.23 |
Average Properties Within 50M | 11 |
1 Bed  $607,000 |
2 Bed  $765,000 |
3 Bed  $1,220,000 |
4 Bed  $1,469,000 |
5 Bed  $1,745,000 |
6 Bed+$1,827,000 |
Consistent high demand relative to supply is a key feature in Knox driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Knox ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Knox classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Knox requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Knox we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Knox a better buying opportunity than it may have been in the past.
Heany Park Primary School
Karoo Primary School
Park Ridge Primary School
Rowville Primary School
Rowville Secondary College
St Simon's School
Lysterfield Primary School
Rosewood Downs Primary School
Mulgrave Primary School
Carrington Primary School
(While the above schools are located with the suburb of Knox there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.9 | 13.9 | 27.5 | 38.2 | 89.7 | 2.7 | 25.0 |
Feb | 2.3 | 14.2 | 27.6 | 39.8 | 90.0 | 2.4 | 21.0 |
Mar | 1.6 | 12.7 | 24.6 | 44.4 | 90.7 | 2.2 | 15.4 |
Apr | 2.7 | 10.0 | 20.7 | 48.4 | 93.0 | 1.9 | 11.1 |
May | 2.3 | 8.0 | 16.8 | 56.1 | 92.3 | 2.1 | 8.2 |
Jun | 2.2 | 5.7 | 14.0 | 61.3 | 94.8 | 1.9 | 7.3 |
Jul | 2.0 | 6.5 | 13.8 | 59.1 | 91.3 | 2.5 | 7.2 |
Aug | 2.4 | 6.5 | 14.6 | 52.6 | 89.9 | 2.8 | 9.7 |
Sept | 2.5 | 7.9 | 17.7 | 47.2 | 89.9 | 2.8 | 14.1 |
Oct | 2.2 | 8.9 | 20.5 | 46.2 | 91.2 | 2.6 | 19.7 |
Nov | 3.0 | 10.9 | 22.8 | 45.3 | 93.3 | 2.5 | 22.0 |
Dec | 3.4 | 12.2 | 24.9 | 42.2 | 91.3 | 2.7 | 26.2 |
source: Australian Government Bureau of Meteorology
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