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Investment Property Kurunjang, VIC, 3337

Suburb Snapshot

Kurunjang is a suburb in the Melton Region of Victoria. Kurunjang has a population of 10,068 people and 20.67% of its occupants live in rental accommodation. The median listing price for houses is $520,000 and this has changed 4.00% over the past year and changed -1.71% over 2 years.

The median rent in Kurunjang for houses is $420 per week and the median rental yield is 4.20%. Stock on the market for houses/townhouses has changed -29.03% compared to last year and the average time to sell a house/townhouse is 64 days.The median listing price for units is $399,000 and this has changed 5.00% over the past year. The average unit takes NA days to sell and the median rent for a unit in Kurunjang is NA per week, producing a rental yield of NA.

Supply & Demand in Kurunjang, Melton

1.08%

Current vacancy rate


43

Rental stock available


10,068

Population


20.67%

Rental population


1.02%

Current vacancy rate


615

Rental stock available


135,440

Population


19.54%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Kurunjang, Melton

  House Townhouses Units
Median listing price $520,000 NA $399,000
Median price change - last quarter 0.00% NA NA
Median price change - 1 year 4.00% NA 5.00%
Median price change - 2 years -1.71% NA NA
  House Townhouses Units
Median weekly rent $420 NA NA
Median yield % 4.20% NA NA
Median rent change - 1 year 7.69% NA NA
  House Units
Previous month sales 11 1
Stock on market previous month 44 3
Stock variance vs. last year -29.03% 0.00%
Average days on market 64 NA

Kurunjang investment property listings

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