Kurunjang at a glance
11,262
People
$620,000
Median sale
$413/wk
Median rent
3.46%
Suburb gross yield
Median sale from 168 recorded sales (last 12 months) — a Districts calculation.
VIC › Kurunjang › Pennyroyal Cres
$575,000
Last sold
29 July 2026
3
Bedrooms
1
Bathrooms
2
Car spaces
633 m²
Land
112 m²
Building
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Last sold
$575,000
29 July 2026 · derived via latest_sale
Local land rate: recorded House sales in Kurunjang (last 5 years) with land size have a median of $980/m² of land (n=149). Districts calculation from recorded sales — not a valuation.
Kurunjang at a glance
11,262
People
$620,000
Median sale
$413/wk
Median rent
3.46%
Suburb gross yield
Median sale from 168 recorded sales (last 12 months) — a Districts calculation.
Vs Kurunjang
-7.3%
Median sale
Suburb $620,000
+0.27 pp
Gross yield
Suburb 3.46%
Suburb median $620,000 from 168 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Melton
Melton, VIC
Official property report
The original government planning document for this property. Sign in to view or download the PDF. Districts facts are a separate GIS extract and may not include every statement in the report.
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 634 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $413/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 634 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 634 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Kurunjang at a glance
11,262
People
$620,000
Median sale
$413/wk
Median rent
3.46%
Suburb gross yield
Median sale from 168 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Barry Plant MeltonYour search ends here! Positioned on a generous 633sqm approx allotment in one of Kurunjang's most sought-after pockets, this well-maintained three-bedroom home offers the perfect combination of comfort, convenience and lifestyle. Ideally located within walking distance to Kurunjang Primary and Secondary Schools, local shops and public transport, it presents an excellent opportunity for first home buyers, downsizers and investors alike.
Filled with natural light, the home features a welcoming living area with a fireplace that flows through to the dining space and well-appointed kitchen. The kitchen is equipped with plenty of bench space, pantry, gas cooktop and stainless steel appliances including a dishwasher. Additional features such as a separate laundry and security doors to all external access points add further practicality.
Accommodation includes three generously sized bedrooms, including a master with built-in robe, all serviced by a centrally located bathroom. Ducted heating and evaporative cooling provide year-round comfort.
Outside, the enclosed undercover pergola creates the perfect entertaining space, while side access with a secure carport offers additional room for vehicles, trailers or caravans. The private backyard also includes a garden shed for extra storage.
A fantastic opportunity in a prime location, this home is ready for its next owner to move in and enjoy.
Contact us today to arrange your private inspection.
Listing description written by Ned Nikolic, Barry Plant Melton — reproduced as published, not verified by Districts.
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