All About Scoresby, Knox, VIC, 3179

Scoresby, located within the City of Knox in Victoria, offers a compelling mix of suburban comfort and accessibility that has increasingly attracted attention in the housing market. Noted for its family-friendly atmosphere, Scoresby boasts a combination of well-maintained homes and a tighter-knit community feel compared to the more densely packed urban areas closer to Melbourne’s center. The housing market in Scoresby has seen moderate price growth in recent years, reflecting a broader trend of property appreciation across the Greater Melbourne area. This has been propelled by the suburb's appeal to young families and professionals seeking a balance between work and home life, with ample space and greenery compared to inner-city alternatives. The local real estate market typically features a variety of detached homes and townhouses, appealing to a diverse range of buyers, from first-time homeowners to those looking for quieter yet connected suburban living.

Living in Scoresby presents residents with numerous advantages, chief among them being its strategic location with convenient access to key amenities and transportation links. The suburb is well-serviced by public transport, including bus routes that connect to nearby train stations, making commutes to Melbourne's CBD manageable for those who work in the city. Scoresby also offers several parks, recreational facilities, and shopping centers, such as Knox City Shopping Centre, which are within easy reach, ensuring that daily needs and leisure pursuits are easily met. Educational opportunities abound as well, with several quality schools in and near the locale, making it appealing for families prioritizing education. The community spirit in Scoresby is noteworthy, with local events and active community groups fostering a sense of belonging among residents. Overall, Scoresby epitomizes suburban living with the advantage of connectivity, making it an attractive spot for those looking to experience the harmony of peaceful living within reach of urban conveniences.

Scoresby Real Estate Market Outlook

Thinking about buying in Scoresby? Now could not be a better time, with 2899 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,257,000 with prices in this suburb ranging from $20,000 to $3,339,000. The aproximate distance to the coast is 14 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Scoresby are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Scoresby provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Scoresby requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Scoresby we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Scoresby a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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