Thinking about buying in Kurunjang? Now could not be a better time, with 4440 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $726,000 with prices in this suburb ranging from $53,000 to $5,112,000. The aproximate distance to the coast is 28 Km.
Median Weekly Rent | $330.71 |
Median Monthly Mortgage | $1566.55 |
Median Persons Per Bedroom | 0.78 |
Average Household Size | 2.95 |
Average Age | 36.34 |
Average Income | $689.05 |
Average Cars Per Dwelling | 2.08 |
Average Properties Within 50M | 9 |
1 Bed  $554,000 |
2 Bed  $581,000 |
3 Bed  $643,000 |
4 Bed  $821,000 |
5 Bed  $1,060,000 |
6 Bed+$1,206,000 |
Consistent high demand relative to supply is a key feature in Kurunjang driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Kurunjang due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Kurunjang provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Kurunjang necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Kurunjang the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Kurunjang Secondary College
Kurunjang Primary School
Melton West Primary School
Melton Primary School
St Dominic's School
Melton Specialist School
Melton Secondary College
Wedge Park Primary School
Catholic Regional College Melton
St Catherine of Siena School
(While the above schools are located with the suburb of Kurunjang there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 14.5 | 27.7 | 34.8 | 87.0 | 5.5 | 24.3 |
Feb | 1.3 | 14.4 | 27.0 | 37.6 | 88.5 | 5.2 | 20.4 |
Mar | 1.3 | 13.1 | 24.6 | 39.8 | 88.6 | 5.0 | 15.9 |
Apr | 1.4 | 10.4 | 20.9 | 43.7 | 90.6 | 4.9 | 11.9 |
May | 1.2 | 8.2 | 16.9 | 51.3 | 90.8 | 5.4 | 8.6 |
Jun | 1.4 | 6.2 | 14.1 | 58.9 | 93.2 | 5.2 | 7.3 |
Jul | 1.0 | 5.9 | 13.7 | 56.0 | 91.4 | 6.2 | 7.7 |
Aug | 1.2 | 6 | 14.7 | 49.2 | 90.3 | 6.1 | 10.3 |
Sept | 1.6 | 7.4 | 17.7 | 42.8 | 89.4 | 6.1 | 14.5 |
Oct | 1.6 | 8.8 | 20.7 | 39.2 | 90.1 | 5.6 | 18.6 |
Nov | 1.9 | 10.7 | 22.9 | 38 | 90.3 | 5.4 | 21.7 |
Dec | 1.7 | 12.6 | 25.5 | 35.7 | 88.6 | 5.4 | 25.3 |
source: Australian Government Bureau of Meteorology
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