74 Kathryn Road, Knoxfield VIC 3180

Family-sized home on 1063sqm | Knoxfield’s strong owner-occupier demand | Rare land holding near Knox City | School catchment advantage. This four-bedroom house on a generous 1,063 m² block offers a configuration that is increasingly scarce in Knoxfield, where the median for similar properties sits at $1.2 million and owner-occupiers dominate 80% of the street. The land size alone positions it competitively,most recent sales in the area have been on smaller allotments, and with 74% long-term residents on Kathryn Road, the neighbourhood’s stability is a clear signal for a buyer seeking enduring value. The property sits within walking distance to Knox Park Primary School and is well-served by Scoresby Secondary College, making it particularly suited to families who prioritise schooling and local amenity. The auction clearance rate of 57% suggests a market that rewards well-positioned homes, and this one, with its dual living potential and proximity to Knox City Shopping Centre and EastLink, fits that profile. The primary risk is the property’s age and condition,last sold in 2008, and without recent renovation details, a buyer should budget for updates to kitchen and bathrooms, which could run $50,000–$80,000 depending on scope. The rental yield of 3.3% is modest, so this is not a strong candidate for pure investment; it works better as a long-term hold for owner-occupiers who can add value through renovation or, eventually, subdivision potential given the land size. The 31-day average days on market indicates steady demand, but the 57% clearance rate means auction strategy matters,consider a pre-auction offer if competition is thin. For a buyer, the play is clear: secure the land now, improve the house over 3–5 years, and benefit from Knoxfield’s 11.7% suburb growth trajectory.