AREA REPORTS

Kurunjang

 

 

Suburb Profile

Kurunjang - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3337

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KURUNJANG ranks 109th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 24.85% for the past year is higher than average compared to its 49.08% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in KURUNJANG, the median home price is sitting at $424,500, and the average rent at $320, this suggests property owners could potentially earn a 3.92% increase in gross rental yield.

Property investors have seen a 6.13% gain in KURUNJANG based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on KURUNJANG, 3337 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 24.85%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 6.86% growth over a ten-year period. It ranks 1024th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $424,500 $322,500
GROWTH REPORT
Median Quarterly 6.13% 2.38%
Median 12 month 24.85% 16.58%
Median 3 years 51.61% N/A
Median 5 years 49.08% 30.57%
10 years average annual 6.86% 9.07%
Weekly media advert. rent $320 $290
Time on Market 32.1 days 61.1 days
Gross Rental Yield Percent 3.92% 4.68%
demographics (median values)
Total Population
6734
Weekly Household Income
1089
Household Size
3.00
demographics
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