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Suburb Insights ยท VIC 3180

Knoxfield 3180, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Knoxfield is an outer-metropolitan suburb of Melbourne, Australia, with a population of approximately 7,645, making it a smaller community. Located approximately 27 km from the Melbourne CBD, Knoxfield is a outer metro area in Victoria. The median household income is $91,624 AUD per year (ABS 2021 Census).

Investment Score

62 / 100 Good

Knoxfield benefits from a high-income resident base, supporting premium property pricing.

Location

Map shows Knoxfield, Victoria, Australia.

Key Indicators

Postcode
3180

Official Australia Post postcode for Knoxfield. A postcode may cover multiple suburbs.

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Population
7,645

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$421/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$91,624/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
27 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
2

Estimated 2 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
3

Estimated 3 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,000/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
76% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Knoxfield's outer-metropolitan position means more affordable entry points for investors, with potential for capital growth as infrastructure extends outward. Demand is often driven by young families seeking space and value. The median rent of $421/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,000/month. The median household income of $91,624/year reflects a solid demographic, supporting sustainable rental demand. 76% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

Holding property in Knoxfield over the medium term may deliver steady, if unspectacular, returns.

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Rental Yield

Rental yields in Knoxfield are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Knoxfield face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

Run the numbers on a Knoxfield property

Full Property Analysis

30-year projections for Knoxfield

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Moderate Rental Demand: Moderate Investor Sentiment: Moderate

Growth in Knoxfield through 2026 will likely be steady rather than spectacular, tracking the wider market. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. Investor sentiment is cautiously optimistic โ€” selective opportunities exist for well-researched buyers.

Frequently Asked Questions

Is Knoxfield a good suburb for investment?

Knoxfield is a outer metro area in Victoria with a population of 7,645. The median rent is $421/week and the median household income is $91,624/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Knoxfield?

Key demand drivers in Knoxfield include affordability relative to inner suburbs and expanding infrastructure. 76% of dwellings are separate houses. The area has approximately 2 schools and 3 parks nearby.

What is the population of Knoxfield?

According to the ABS 2021 Census, Knoxfield has a population of approximately 7,645. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Knoxfield from the Melbourne CBD?

Knoxfield is approximately 27 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This is within comfortable commuting range with good transport links.

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