14 Mistletoe Close, Knoxfield VIC 3180

5 bed family house | backs onto RD Egan Lee Reserve | low site coverage 31% | no overlays | strong rental yield potential This property offers a rare combination of generous five-bedroom configuration and direct reserve adjacency, which together create a strong competitive position in the Knoxfield family market. The 777m² lot with only 31% building coverage leaves meaningful outdoor space and future flexibility, while the low-maintenance gardens and seamless indoor-outdoor flow reduce ongoing upkeep for a busy household. The absence of any bushfire, flood, or heritage overlays simplifies due diligence and removes common buyer concerns. This house is best suited to families seeking a long-term home with immediate access to green space and good school zoning, or to investors targeting the 5-6% gross rental yield indicated by current estimates. The primary risk is the limited comparable sales evidence on Mistletoe Close itself, with only two nearby properties providing direct benchmarks, and one of those is a smaller four-bedroom house. This means the price guidance of $1.3m to $1.43m sits above the most recent comparable sale at 9 Mistletoe Close, and buyers should verify whether the additional bedroom and larger land area justify the premium. An opportunity lies in the property being freshly listed with only seven days on market, which may allow for a negotiated purchase if vendor expectations adjust. The reliable NBN and 5G coverage are supporting conveniences rather than primary value drivers, but add to the property’s practical appeal for working-from-home households.