Vivian Li
28 Grayson Drive, Scoresby, Vic 3179
AUCTION (UNLESS SOLD PRIOR) $760,000 - $836,000
3 1 2
Auction Saturday 22 August 11:00 am🏛️ About This Suburb (Last Updated Date: 2026-03-13)
History, Aboriginal heritage, and the story behind the name.
Scoresby — Wurundjeri Country
Originally a rural district dominated by cattle grazing and orchards in the late 19th century. The post-WWII era saw a rapid transition to residential housing and the establishment of significant industrial estates, most notably the Caribbean Gardens site.
A balanced mix of quiet 1970s-era residential pockets and high-tech business parks, catering largely to established families and local workers.
Overall Score
7.2
A solid middle-ring performer with high stability but limited capital growth compared to rail-serviced neighbors.
Name Origin
Named in honor of William Scoresby, an English Arctic explorer and scientist who visited Victoria in 1856.
Established
Gazetted 1927
Caribbean Gardens
Formerly a famous market and park, now a major tech and business precinct.
EastLink Impact
The 2008 opening transformed the suburb into a major logistics and commuter hub.
Green Wedge
Bordered by the Dandenong Valley Parklands, providing significant regional open space.
📊 Scorecard
12 key dimensions scored 0–10. Each score includes a one-line explanation.
Market Momentum
6.4
Steady demand from families priced out of Wantirna South and Glen Waverley.
Amenity
7.5
Excellent access to regional shopping at Westfield Knox and local business parks.
Schools
7.2
Reliable local primary options and proximity to high-performing secondary colleges.
Transport
4.8
Heavily reliant on private vehicles and buses; lack of a dedicated train station is a major drawback.
Risk Profile
8.2
Very low risk of significant price volatility or high crime rates.
Liveability
7.6
High for families seeking large blocks and proximity to work hubs.
Demographics
7.4
Stable population of mature families and increasing professional migration.
Rental Demand
7.1
Consistent demand from workers in the Caribbean Park and industrial precincts.
Growth Potential
6.9
Moderate; future growth linked to further commercial investment in the Knox business corridor.
Affordability
6.2
Becoming more expensive as it catches up to surrounding premium suburbs.
Crime & Safety
8.4
Statistically safer than the Melbourne metropolitan average.
Walkability
4.2
Low; most daily errands require a car due to the suburb's sprawling layout.
⚡ Quick Snapshot
Key metrics at a glance, plus your top advantages and watch-outs.
Median House
$1,125,000
Steady 4.2% annual growth
Vacancy Rate
1.4%
Tight rental market
Family Ratio
78%
Predominantly family households
Local Jobs
High
Caribbean Park employment hub
Transport
Bus Only
No rail access in suburb
Avg Block
720sqm
Generous traditional lots
✅ Key Advantages
- Large residential blocks ideal for families and renovations.
- Proximity to major employment hubs reducing commute times for locals.
- Easy access to EastLink for city or peninsula travel.
- Close to regional amenities like Westfield Knox and Caribbean Gardens.
- Strong sense of community in established residential pockets.
⚠️ Key Watch-Outs
- Complete lack of rail infrastructure within the suburb.
- Heavy traffic congestion on Stud Road and Ferntree Gully Road.
- Noise pollution for properties backing onto industrial zones.
- Limited nightlife and boutique dining options.
- Pockets of the suburb are prone to overland flow during extreme rain.
🏘️ Suburb Overview
Character, property mix, price range and what drives value here.
🏙️ Character
Family Industrial
How this suburb feels day-to-day.
🏠 Property Types
Mostly detached brick houses, with a growing number of modern townhouses.
Dominant dwelling stock.
💰 Price Range
$850k – $1.5m
Typical entry to ceiling.
💡 Why It Matters
Scoresby offers a 'middle-ground' entry point for families who want the space of the outer east without the extreme price tags of Glen Waverley, while remaining closer to the city than Rowville.
💰 Price Guide & Market Trends
Medians, rental market, 5-year history and property split.
🏠 House Median
$1,125,000
$980k – $1.35m
🏢 Unit Median
$785,000
$650k – $880k
📈 Price Trend
+4.2% past 12 months
12-month movement
🔑 Weekly Rents
Houses $620pw, Units $540pw
Current asking rents
📉 5-Year Price History
🏘️ Property Type Split
The price gap between houses and units is widening, making well-located houses on full blocks the primary asset for capital growth.
🎯 Affordability
How this suburb compares to metro and state medians.
🏙️ vs Metro Average
12% below Melbourne metro house median
Price comparison
📋 Income Ratio
8.4x average household income
Median price ÷ median income
💳 Gross Yield
3.2% gross yield for houses
Estimated rental yield
More AffordableModeratePremium
Entry levelMid rangePremium
While more affordable than its northern neighbors, Scoresby has seen significant price appreciation, moving it out of the 'entry-level' category for many first-home buyers.
🔥 Rental Demand
Vacancy rates, demand pressure, tenant profile, and investor outlook.
📊 Vacancy Rate
1.4%
Lower = tighter market
⏱️ Days to Lease
19 days
Avg time on market
📈 Rent Growth p.a.
+8.5%
Annual rental increase
Demand Level
High
👤 Tenant Profile
Young families and professionals working in the local Knox business parks.
💼 Investor Outlook
Strong yields for townhouses and renovated units. Land banking potential exists on larger house blocks, though immediate cash flow is moderate.
🚀 Growth Potential
Historical capital growth, infrastructure pipeline, and 5-year outlook.
+4.2%
1-Year Growth
+14.5% cumulative
3-Year Growth
+25.7% cumulative
5-Year Growth
📍 Growth Drivers
- Ongoing expansion of Caribbean Park business precinct.
- Spillover demand from more expensive Wantirna South.
- Knox City Council's investment in local community infrastructure.
- Limited new land supply driving up value of existing lots.
⛔ Headwinds
- Rising interest rates impacting middle-income family budgets.
- Lack of planned rail infrastructure to the area.
- Competition from newer housing estates in the outer south-east.
🔮 5-Year Outlook
Expect steady, low-volatility growth. Scoresby will likely track slightly above inflation as it solidifies its status as a preferred family destination.
🛡️ Crime & Safety
Safety index, trend comparison, and what to check locally.
8.5
Safety Score
Above Average
📉 Trend
Stable
vs last 12 months
🏙️ vs Metro Average
18% below metro average crime rate
Relative comparison
Risk Categories
Property Crime: Low
Personal Safety: Very Low
Traffic Incidents: Medium
📋 What to Check Locally
Check local police data for specific commercial-residential interface zones where opportunistic theft can occur.
⚠️ Risk Profile
Natural hazards and planning risks to verify before buying.
📋 Summary
The primary risks are environmental and logistical rather than social or economic.
🌊 Flood Risk
Low risk; some Special Building Overlays (SBO) exist near Corhanwarrabul Creek.
🔥 Bushfire Risk
Minimal risk for the main residential core; check properties bordering Dandenong Valley Parklands.
🏦 Insurance Impact
Standard risk profile; no known difficulty in obtaining residential insurance.
🗺️ Planning & Zoning
Development controls, overlays, and what's changing locally.
📐 Typical Zoning
General Residential Zone (GRZ1)
🔲 Overlays
Special Building Overlay (SBO), Significant Landscape Overlay (SLO)
🏗️ Development Hotspots
Infill townhouse developments along Stud Road and near Scoresby Village.
Zoning generally protects the low-density family feel, but overlays can restrict significant extensions or new builds.
🌳 Liveability
Day-to-day experience — transport, amenity, green space, schools and healthcare.
🚌 Transport
Bus-dependent; good road connectivity via EastLink and Ferntree Gully Road.
🛍️ Amenity & Retail
High; proximity to Caribbean Gardens, Westfield Knox, and local village shops.
🌲 Parks & Recreation
Excellent; access to Dandenong Valley Parklands and numerous local reserves.
🏫 Schools
Good; Scoresby Secondary College and several reputable primary schools.
🏥 Healthcare
Strong; close to Knox Private Hospital and Angliss Hospital.
👥 Demographics
Who lives here — income, age, ownership, and education levels.
A stable, multicultural community with a high proportion of established couples and families.
💵 Median Income
$92,500 pa
🏠 Ownership
76% owner-occupied or mortgaged
🎂 Age Profile
Median age 39
🎓 Education
High secondary completion; growing percentage of tertiary-educated professionals.
📊 Age Distribution
High owner-occupancy rates typically correlate with better property maintenance and community stability.
🏗️ Major Developments
Infrastructure pipeline and what it means for values and liveability.
📋 Overview
Focus is on commercial intensification and minor residential infill.
📈 Positive Impacts
- Expansion of Caribbean Park office space creating local jobs.
- Upgrades to Knox regional sporting facilities.
- Ongoing rejuvenation of the Westfield Knox precinct nearby.
📉 Negative Impacts
- Increased traffic volume on arterial roads.
- Loss of some open space to commercial development.
🗺️ Nearby Suburb Comparison
How neighbouring suburbs stack up on price, lifestyle and who they suit.
📍Wantirna South
Position
North
Price
More expensive
Lifestyle
More premium feel, closer to major shopping.
Best for
Upsizers with higher budgets.
📍Rowville
Position
South
Price
Comparable
Lifestyle
More 'suburban sprawl' feel, further from city.
Best for
Families seeking newer homes.
📍Knoxfield
Position
West
Price
Slightly cheaper
Lifestyle
More industrial focus, smaller residential pocket.
Best for
Budget-conscious families.
📍Glen Waverley
Position
North-West
Price
Significantly more expensive
Lifestyle
Train access, elite schools, high-density hub.
Best for
High-net-worth buyers and investors.
🔍 Similar Suburbs
Suburbs with a comparable profile — useful if this one is over budget or sold up.
Mulgrave
VIC
7.4/10
Strong industrial/commercial employment base and 1970s housing stock.
Vermont South
VIC
7.6/10
No train station, family-oriented, similar distance to CBD.
Baulkham Hills
NSW
7.5/10
Middle-ring family suburb reliant on buses and major road links.
Eight Mile Plains
QLD
7.3/10
Mix of residential and significant office/tech parks.
💬 Community Sentiment
Aggregated themes from resident discussions, forums and local feedback.
📊 Overall Community Sentiment
Residents value the suburb for its safety, large blocks, and proximity to work, though the lack of a train station remains a common point of frustration.
★★★★☆
Family Life
Great place to raise kids with plenty of parks, but you definitely need two cars to survive here.
Safety
Transport
★★★★☆
Affordability
We couldn't afford Wantirna South, but Scoresby gave us a bigger block for less money.
Value
Potential
★★★★★
Employment
The growth of Caribbean Park has been fantastic for local business and jobs.
Economy
★★★☆☆
Traffic
Stud Road is becoming a nightmare during peak hours; it's getting harder to get around.
Traffic
Quiet
★★★☆☆
Public Transport
The buses are okay, but if you miss one, you're stuck for a long time. We need a train.
Transport
★★★★★
Schools
Very happy with the local primary school and the community feel of our street.
Community
Education
💡 Tailored Advice
Personalised guidance for every role in this market.
🧑💼 Buyer Strategy
- Prioritize properties on the western side of Stud Road for slightly better quietness.
- Look for 1970s brick homes with renovation potential to add value.
- Check the Knox Council planning portal for any nearby industrial expansion plans.
- Negotiate harder on properties backing directly onto major arterials or industrial fences.
- Verify the school catchment zones as they can shift near the suburb boundaries.
❓ Questions to Ask the Agent
- Are there any planned commercial developments for the vacant land nearby?
- Has this property ever been affected by overland flow or drainage issues?
- What are the specific school zones for this address this year?
- Is there any significant noise transfer from the industrial estate at night?
- Are there any easements on the block that would prevent a pool or extension?
- How many offers have been received from local vs. out-of-area buyers?
- What is the current internet connectivity like (NBN type)?
🏷️ Seller Strategy
- Highlight the 'work-from-home' potential given the local business park context.
- Ensure gardens are well-presented to appeal to the dominant family buyer demographic.
- Address any noise concerns upfront with double glazing or acoustic fencing.
- Market the proximity to EastLink as a major selling point for commuters.
- Consider a short campaign to capitalize on the current low stock levels in the area.
📣 Positioning Tips
Position the property as a 'stable family sanctuary' with the dual benefit of large-lot living and proximity to the Knox employment powerhouse.
💼 Investment Case
Scoresby offers stable rental yields and low vacancy rates, making it a defensive addition to a portfolio.
⚠️ Investment Risks
Limited capital growth compared to suburbs with rail access; potential for industrial noise to deter some tenants.
📈 Action Plan
- Target 3-bedroom houses on 600sqm+ blocks.
- Focus on properties within walking distance of Scoresby Village shops.
- Consider minor cosmetic renovations to maximize rental yield.
- Monitor the Caribbean Park development for high-quality tenant leads.
🔑 Renter Tips
- Apply quickly as low vacancy rates mean properties move fast.
- Check bus routes relative to the property if you don't drive.
- Ask about heating/cooling efficiency in older 70s builds.
🏘️ What Renters Love Here
Quiet streets and plenty of local parks for exercise.
⚠️ Renter Watch-Outs
Lack of late-night public transport options.
🏢 Landlord Strategy
- Maintain gardens to a high standard to attract long-term family tenants.
- Ensure compliance with Victoria's latest rental minimum standards.
- Consider allowing pets to increase the pool of high-quality family applicants.
📋 Compliance & Management
Strict adherence to gas and electrical safety checks every two years is mandatory under Victorian law.
🤝 Agent Insights
- Stock is tightly held; many residents stay for 15+ years.
- Buyers are increasingly coming from the Monash corridor seeking value.
- The 'Caribbean Park' effect is a major driver for professional buyers.
🎯 Marketing Angles
The '15-minute suburb'—where work, school, and regional shopping are all within a short drive.
👤 Target Buyer Profile
Established families and young professionals working in the South-East business hubs.
✅ Due Diligence Checklist
Tap items to tick them off. Don't skip these before signing anything.
✓
Check the Section 32 for any Special Building Overlays (flood).
✓
Verify the exact boundaries against the Title Plan.
✓
Conduct a professional building and pest inspection, focusing on 1970s foundations.
✓
Visit the property during peak hour to assess traffic noise levels.
✓
Review the Knox Council 'Green Wedge' management plan if near the parklands.
✓
Check for any Significant Landscape Overlays (SLO) that restrict tree removal.
✓
Confirm bus frequency and nearest stops for non-drivers.
✓
Assess the condition of the perimeter fencing, especially if bordering industrial zones.
✓
Check for any historical land use issues given the suburb's agricultural past.
✓
Investigate future plans for the Rowville Rail Link (though currently stalled).
✓
Verify school enrollment capacities for the upcoming year.
✓
Review recent sales of similar-sized blocks within a 1km radius.
📚 Government Sources & Disclaimer
Official council and government links only. Always verify independently before any property decision.
⚠️ Important Disclaimer
This report is based on data available as of 2026-03-13. It is intended for informational purposes only and does not constitute financial or legal advice. Buyers should conduct their own independent research and seek professional advice before making any property purchase.
