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VIC › Mount Eliza › Kunyung Rd

10 Kunyung Rd, Mount Eliza VIC 3930

For saleHouse for Sale

$5,900,000–$6,200,000

For sale

Asking range

4

Bedrooms

3

Bathrooms

3

Car spaces

1,132 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $5,900,000–$6,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $5,900,000–$6,200,000(Listing record · 9 July 2026)
  • FactLand 1,132 m²; no building size recorded.(Property record)
  • CalculationIf it leased at Mount Eliza's advertised median rent ($780/wk), implied gross yield would be 0.69% — 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

$5,900,000–$6,200,000

Asking range · $5,212/m² of land

No recorded sale for this property.

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Total cost to purchase

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

Purchase Price
$5,900,000
Stamp Duty (Victoria)
$363,500
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
$6,270,814

$370,814 on top of the price (6.3% 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 Mount Eliza's advertised median rent — not a rent for this listing.

Net yield
-0.81%
Annual cashflow (pre-tax)
$-354,740
Interest cover (DSCR)
-0.16
Annual rent
$40,560
Operating expenses
$88,500
Loan amount
$4,720,000
Annual interest
$306,800
Gross yield
0.69%

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$5,900,000–$6,200,000available9 July 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 $780/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 0.7%. 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

Mount Eliza in one glance

Mount Eliza at a glance

19,110

People

No data

Median sale

$780/wk

Median rent

No data

Suburb gross yield

See the full Mount Eliza report →

Keep researching

  • Why Mount Eliza? Read the area thesis →
  • What else is on the market in Mount Eliza →
  • Other records on Kunyung Rd →

Listing material

Listed by Aqua Real Estate

~ Absolute Clifftop Wonder ~

Discover this remarkable 4 bedroom family home perched on the cliff above beautiful Moondah Beach, offering an absolute front-row position matched by mesmerising 180-degree views of the bay, featuring Mornington Harbour on one side and the lights of the Melbourne city skyline on the other.

This character double-storey property has been perfectly preserved and maintained in its original condition since its 1970s inception, capturing the essence of a bygone era, complete with automatic gates opening onto a sealed driveway leading through prolific private gardens of 1134sqm approx. and culminating into a forecourt with integrated auto triple car garage.

An inviting porch entry greets you inside to further explore the immaculate old-world interiors anchored by a combination of slate tiles and plush carpet under lofty ceilings throughout to great effect.

Read the full description

A formal foyer space opens to an enormous rumpus room designed around a large open fire place with wood storage and oversized floor to ceiling windows to harness the big blue view of the bay.

Embrace instant access to the great outdoors via a large glass slider and the covered alfresco terrace running the width of this special home; perfect for family soires in an unforgettable coastal setting with the soothing sound of the waves as the background harmony.

A luxuriant guest bedroom with more of those incredible bay views, plush carpet, built-in robe and full en-suite sits adjacently.

Enter upstairs to realise the main accomodation zone featuring a further 3 bedrooms including a sizeable master with retreat space, built-in desk, large picture window, his & her walk-in robe and decadent en-suite with marble vanity, elaborate tiling, large shower recess and WC for the fortunate inhabitants of this serene part of the home.

A central family bathroom with a deep soaking bath, custom vanity and separate powder room / WC services the other two bedroom.

The hub of the home on this level is dedicated to a sleek gourmet kitchen fitted with a original Simpson electric hob, Simpson double ovens and dishwasher all perfectly integrated into tailored cabinetry with excellent storage solutions and separate walk-in pantry. A servery window provides easy food & beverage amenity to a sheltered viewing balcony. Next door discover a dynamic dining area also with access to the balcony; not to forget the generous open plan family room with walls of floor to ceiling windows enabling some of the best views to be had at every angle.

This elevated domain also includes an entertainer's wet bar with intricate timber millwork, shelving and cabinetry storage making for a memorable place to enjoy a beverage amongst friends with the immensity of the bay panorama taking centre stage.

Inspect now to realise this properties full potential to become part of the peninsula family lifestyle, mere moments to Moondah and Ranelagh beaches, excellent schools such as Kunyung Primary and Peninsula Grammar whilst the vibrancy of Mount Eliza is only a short drive away.

Further inclusions; Hydronic heating, Vulcan gas heaters, Lennox airconditioning, open fire place, remote gateway, 3x car auto garage with internal access, multiple living areas over two levels, mesmerising water & beach views from most rooms, private rear gate to beach path, substantial undercover alfresco terrace, store room, shed / workshop, alarm, fitted laundry, large paved side terrace, prolific gardens & lush lawn and so much more..

Listing description written by Michelle Skoglund, Aqua Real Estate — reproduced as published, not verified by Districts.

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.