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 › Lagarna Dr
$501,500
Last sold
17 May 2019
3
Bedrooms
2
Bathrooms
2
Car spaces
897 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
$501,500
17 May 2019 · derived via latest_sale
Local land rate: recorded Land sales in Kurunjang (last 5 years) with land size have a median of $361/m² of land (n=7). 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
-19.1%
Median sale
Suburb $620,000
+0.82 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 BigginScott MeltonBiggin & Scott Melton are proud to present this gorgeous well-kept home located in a family oriented pocket of Kurunjang. This home accommodates 3 spacious bedrooms, 2 bathrooms and a car garage that can accommodates 2 cars. The land size of this beauty is a perfectly 897m2, a quality that undeniably makes this property future proof.
The condition of everything inside the home is just immaculate, and has been looked after with tremendous love and care. This would be an absolute joy to own for any new family looking to get into the market.
Other features include: evaporative cooling, which can get you through the hottest Melbourne days, Full alarm system, concreted shed, backyard access from the dining area into a shaded entertainment space, and a master bedroom that overlooks the front faade.
If you're looking for a first home that allows the kids to simply walk less than two minutes to school, or an investor who sees the rental demand for homes within close proximity to schools with the icing of potential future subdivision (STCA) this gem could be yours!
For any further information please don't hesitate to contact the team
Mushi Tlhabane 0428 482 928
Junior MuBashar 0450 644 606
Office Contact 03 8899 7555
Photo ID must be presented upon all open & private inspections.
http://www.consumer.vic.gov.au/duediligencechecklist
DISCLAIMER: All stated dimensions are approximate only. Particulars given are for general information only and do not constitute any representation on the part of the vendor or agent.
Listing description written by Mushi Tlhabane, BigginScott Melton — reproduced as published, not verified by Districts.
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