At number 1526th in the list of Australian suburbs ordered by increase in median house value over the last year, Kurunjang, 3337 is in the top 40% with a property value increase of 7.14% recorded in median house prices.
Comparing Kurunjang,3337 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Kurunjang, 3337 is offering VIC ‘s 379th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 40% of discounts offered by this VIC.
With the median price for a house in Kurunjang being $300000 and the advertised rent reaching $285 the gross rental yield for property investors calculates out to be 4.94%
While Kurunjang,3337 ranked number 59th in VIC for increase in median house value (annualised) increase, it is ranked 287th over the last 5 years.
Our latest figures would indicate that property sellers in Kurunjang are currently offering property investors an average price cut of -2.69% below the asking price at the moment.
Property investors should expect to get $260 weekly from the median priced house in this suburb.