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 › Gisborne Melton Rd
$578,000
Last sold
17 Sept 2025
3
Bedrooms
2
Bathrooms
2
Car spaces
670 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$578,000
17 Sept 2025 · 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
-6.8%
Median sale
Suburb $620,000
+0.26 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 data is being calculated
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
VICPlanning 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.
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
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Reliance Real Estate MeltonWelcome to 173 Gisborne Melton Road, Kurunjang – a beautifully updated and spacious 3-bedroom, 2-bathroom family home set on a generous 670sqm (approx.) block. This fully renovated residence combines modern comforts with exciting potential, including subdivision opportunities and room for a granny flat (STCA).
Inside, you'll find a clever layout featuring separate dining and living areas perfect for everyday family life. The brand-new kitchen comes complete with modern appliances and a built-in pantry, making meal preparation a joy.
Property Features:
· 3 spacious bedrooms
· 2 fresh, modern bathrooms
· Double car garage with large side access – perfect for boats, trailers, or future development
· Full roof restoration recently completed
· Freshly painted interior and exterior
· Updated engineered timber and hybrid flooring throughout
· New ceiling and roof insulation (Pink Batts) for enhanced comfort
· Tower heating for cozy winters
· Modern downlights enhancing contemporary feel
· Landscaped, low-maintenance front and rear yards
· Brand new electric hot water system
· Close to Heathdale Christian college, Kurunjang Primary and Secondary college.
· Oppournity not to be missed
Development & Lifestyle Potential
With ample land and subdivision potential subject to council approval, this property offers a rare opportunity to live comfortably now and unlock future value by building a granny flat or subdividing the block.
It is conveniently located close to schools, shops, transport, and local shops.
Contact us today to arrange an inspection and take the first step toward making this exceptional property yours!
This home is not just a property but a lifestyle opportunity, blending modern comfort with unmatched convenience in a family-friendly neighborhood.
Don't miss this exceptional opportunity to secure a property with immense potential in an unbeatable location.
Call Sunny Chopra on 0420 344 444 or Sunil Gera on 0430 200 150 to organize inspection.
Please see the link below for an up-to-date copy of the Due Diligence Check List: http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated
Listing description written by Sunil Gera, Reliance Real Estate Melton — reproduced as published, not verified by Districts.
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