25 Elliot Street, Knoxfield VIC 3180

Large 724sqm block in Knoxfield | 3-bed family home with ensuite | Zoned for Scoresby Secondary College | No flood or bushfire overlays | Auction this Saturday The property’s primary competitive advantage is its 724sqm land holding in a suburb where 75% of residents are owner-occupiers, indicating stable demand and limited turnover. The 19% building coverage leaves significant potential for extension, a pool, or subdivision subject to council approval, which is a rare configuration edge in this pocket. Zoning for Knox Park Primary and Scoresby Secondary College, combined with FTTP broadband and 5G, makes it a strong candidate for a family buyer seeking long-term tenure. The auction clearance rate of 72% in the area supports a disciplined bidding strategy. The principal risk is the inconsistency in public records regarding the bathroom count-some sources show one, others two-which may reflect an unapproved renovation or data error. This could affect both financing and resale clarity. The auction price guide sits below several automated valuations, which may signal condition issues or a deliberate strategy to generate competition. For an investor, the rental estimate of $560 per week offers a modest yield but is secondary to land value growth. Hold this property for its land content and school catchment; renovate only if the bathroom discrepancy is resolved first.