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Kurunjang
AREA REPORTS

Kurunjang

Kurunjang - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3337

house
unit
KURUNJANG ranks 621st in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 16.36% for the past year is higher than average compared to its 61.6% 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 $505,000, and the average rent at $342.5, this suggests property owners could potentially earn a 3.53% increase in gross rental yield.

Property investors have seen a 6.51% 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 16.36%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.73% growth over a ten-year period. It ranks 2064th on our list of suburbs that property investors should look into.

Data report can be found below

Kurunjang
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $505,000 $410,000
GROWTH REPORT
Median Quarterly 6.51% 6.49%
Median 12 month 16.36% N/A
Median 3 years 17.44% N/A
Median 5 years 61.6% 64.66%
10 years average annual 5.73% 6.96%
Weekly media advert. rent $342.5 $312.5
Time on Market 27.6 days 54.6 days
Gross Rental Yield Percent 3.53% 3.96%
demographics (median values)*
Total Population
36454
Weekly Household Income
1296
Household Size
2.80
Age
33
Monthly Loan Repayment
1465
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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