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VIC › Elwood › Knight St

U2, 5 Knight St, Elwood VIC 3184

For saleTownhouse

$1,675,000–$1,775,000

For sale

Asking range

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $1,675,000–$1,775,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $1,675,000–$1,775,000(Listing record · 24 Aug 2026)
  • CalculationIf it leased at Elwood's advertised median rent ($561/wk), implied gross yield would be 1.74% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$1,675,000–$1,775,000

Asking range

No recorded sale for this property.

Elwood at a glance

16,424

People

No data

Median sale

$561/wk

Median rent

No data

Suburb gross yield

See the full Elwood report →

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$1,675,000
Stamp Duty (Victoria)
$92,125
Transfer/Registration Fee
$3,614
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$1,774,439

$99,439 on top of the price (5.9% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Elwood's advertised median rent — not a rent for this listing.

Net yield
0.24%
Annual cashflow (pre-tax)
$-83,053
Interest cover (DSCR)
0.05
Annual rent
$29,172
Operating expenses
$25,125
Loan amount
$1,340,000
Annual interest
$87,100
Gross yield
1.74%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$1,675,000–$1,775,000available24 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $561/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 1.7%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Elwood in one glance

Elwood at a glance

16,424

People

No data

Median sale

$561/wk

Median rent

No data

Suburb gross yield

See the full Elwood report →

Keep researching

  • Why Elwood? Read the area thesis →
  • What else is on the market in Elwood →
  • Other records on Knight St →

Listing material

Listed by Saint & Wood Real Estate

Executive Townhouse In Tranquil Setting

***Please register your attendance for open homes on realestate.com "add to plan & register". In the event the property sells prior &/or the open is cancelled registered parties will be notified.

Enjoy an exceptional lifestyle in this beautifully appointed executive townhouse, privately positioned in a quiet cul-de-sac setting close to Elwood's best amenities.

The expansive open plan kitchen, dining and living area forms the heart of the home, enhanced by brand-new Tasmanian Oak flooring and an entertainer's kitchen featuring quality appliances, ample cabinetry and sleek stone bench tops. A gas log heater creates a warm and inviting atmosphere in the lounge, while bifold doors open seamlessly to the both the front garden and impressive split-level terrace-ideal for entertaining, relaxing or enjoying indoor-outdoor living.

Read the full description

The ground level also features a master bedroom with walk in robe, full ensuite and direct access to the north-facing terrace. Guests are also conveniently catered for with a separate powder room.

A light-filled upper level retreat complete with study nook opens seamlessly to a generous private balcony, framed by established gum trees and leafy surrounds. Expansive bi-fold doors create an effortless connection between indoors and out, providing a peaceful setting to relax and enjoy the treetop outlook.

Upstairs also offers two generously proportioned bedrooms, one being an alternate master bedroom complete with a walk-in robe and private ensuite. A central main bathroom with full-sized bath and toilet adds further convenience.

Designed for year-round comfort and security, the home includes ducted heating and cooling, ducted vacuum, an alarm system, and a separate laundry. There's also excellent storage, including two linen closets, lockable under-stair storage and a substantial secure storage room.

Two secure basement car spaces with remote access and direct access to the home complete this impressive residence.

Perfectly located just minutes from Elwood Primary and Secondary School, Elwood Canal and Foreshore, the vibrant Elwood Village, and public transport options such as tram, buses, and train in close proximity, this sophisticated townhouse offers space, style, and superb lifestyle appeal!

Listing description written by Alicia Walker, Saint & Wood Real Estate — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Balcony
  • Built-in Robes
  • Deck
  • Dishwasher
  • Ducted Cooling
  • Ducted Heating
  • Ensuites: 2
  • Floorboards
  • Fully Fenced
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Study
  • Toilets: 4
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.