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 › Dalray Cres
$899,000
For sale
Asking
5
Bedrooms
2
Bathrooms
2
Car spaces
874 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
Asking
$899,000
Asking · $1,029/m² of land
No recorded sale for this property.
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
+45.0%
Median sale
Suburb $620,000
-1.07 pp
Gross yield
Suburb 3.46%
Suburb median $620,000 from 168 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$54,918 on top of the price (6.1% extra)
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.
Pre-filled with Kurunjang's advertised median rent — not a rent for this listing.
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.
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.
Gross yield if leased at the suburb aggregate is 2.4%. 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
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 Pennisi Real EstateDesigned for comfortable family living, this well-positioned home delivers generous space, multiple living zones, and a practical layout in a quiet pocket of Kurunjang.
Whether you're a first-home buyer, a growing family, or an investor, you'll appreciate the flexibility and convenience this inviting residence offers.
The central living area flows seamlessly through to the kitchen and meals zone, creating a welcoming hub for everyday living and entertaining. Filled with natural light, the home also opens to a spacious backyard, providing plenty of room for children to play, weekend gatherings or simply relaxing outdoors.
The Essentials:
Inside, the home comprises five generous bedrooms, including a main bedroom with an ensuite featuring a double vanity, alongside a central bathroom, two toilets, and multiple living zones, including a formal living area, meals, kitchen, and family domain. The well-appointed kitchen is centred around a large Caesarstone island benchtop, complete with a glass splashback and quality 900mm Westinghouse appliances, including a near-new oven, stove, and dishwasher.
The Extras:
• Expansive 60m² undercover verandah and carport with lighting (added in 2015)
• Steelchief shed on a concrete slab with double doors and shelving
• Large backyard rarely found in newer estates
• Bonaire evaporative cooling and ducted heating
• 27L Rheem continuous hot water system (installed 2018)
• Established, low-maintenance gardens with an underground sprinkler system
• Double gates providing rear vehicle access or additional undercover parking
• Blockout blinds, sheers, and vertical blinds throughout
• Frosted glass to bathroom and ensuite windows and shower screens
• NBN with battery backup plus data points to six rooms
• Flyscreens to all windows and doors, plus front security door
• Colourbond fencing on all sides with extensions completed in 2023
• Outdoor power points and clothesline
• Spare bricks and tiles retained from original build
The Village:
Positioned within the sought-after Thoroughbred Park Estate, Dalray Crescent offers a lifestyle of convenience and community. A large park with playgrounds, BBQ facilities, and open space is just around the corner, while a range of quality schools, kinders, and local amenities are all within easy reach. Enjoy quick access to public transport, the freeway, and the vibrant High Street precinct, where shopping, dining, medical services, and recreation facilities, including the Melton Wave pool and McPherson Park, are all just a short drive away.
The Clincher:
With its generous proportions, long list of thoughtful upgrades, and a backyard that truly sets it apart, this is a home that delivers what so many new estates cannot: space to live, grow, and enjoy for years to come. Add in its one-owner history and meticulous care, and you have a rare opportunity to secure a standout family property.
The Inspection:
If this property feels like the right fit, we would love to see you at one of our upcoming inspections.
Every property journey is different. From your first search through to securing the right home, Pennisi Real Estate looks forward to helping when the time is right.
Listing description written by Andrew Pennisi, Pennisi Real Estate — reproduced as published, not verified by Districts.