Knox City (centred on Studfield) is the retail and commercial hub of Knox municipality in Melbourne's outer east, anchored by Westfield Knox — one of Melbourne's largest shopping centres. Strong surrounding residential demand from families in the Wantirna-Knox belt. At the current $830k median house price, an 80% loan at 6.25% over 30 years is about $4,088 per month.
| Median house price | $830,000 |
|---|---|
| Median unit price | $535,000 |
| Estimated monthly repayment | $4,088 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 7.8% |
| Gross rental yield | 4% |
| Typical days on market | 21 |
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