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Suburb Insights ยท VIC 3337

Kurunjang 3337, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Kurunjang is a regional centre in Victoria, Australia, with a population of approximately 10,711, making it a smaller community. Located approximately 37 km from the Melbourne CBD, Kurunjang is a regional area in Victoria. The median household income is $80,600 AUD per year (ABS 2021 Census).

Investment Score

51 / 100 Moderate

Moderate income levels in Kurunjang indicate steady rental demand from working households. Regional positioning means lower entry costs but potentially longer hold periods for capital gains.

Location

Map shows Kurunjang, Victoria, Australia.

Key Indicators

Postcode
3337

Official Australia Post postcode for Kurunjang. A postcode may cover multiple suburbs.

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Population
10,711

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$321/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$80,600/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
37 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
3

Estimated 3 schools within or near this suburb based on ABS 2021 data.

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Parks & green spaces
4

Estimated 4 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$1,517/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
89% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

As a regional centre, Kurunjang serves a wide catchment area. Regional property can offer higher rental yields than metro equivalents, though investors should assess local employment diversity and infrastructure plans. The median rent of $321/week (ABS 2021) indicates an affordable rental market. Owner-occupiers face a median mortgage repayment of $1,517/month. The median household income of $80,600/year reflects a solid demographic, supporting sustainable rental demand. 89% of dwellings are separate houses, indicating a predominantly family-oriented, land-rich market.

Investment Strategy

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Buy & Hold

A buy-and-hold approach in Kurunjang could work well with careful property selection and a longer time horizon.

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Rental Yield

Rental yields in Kurunjang are moderate โ€” screen for properties that offer above-average returns.

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Renovation / Flip

Renovation or flip strategies in Kurunjang face headwinds from a smaller buyer pool and slower turnover.

Risk Factors

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Full Property Analysis

30-year projections for Kurunjang

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2026 Outlook

Growth: Low Rental Demand: Moderate Investor Sentiment: Moderate

Capital growth in Kurunjang may remain subdued in 2026, with limited demand drivers in the near term. Rental demand is expected to be stable, though landlords may need to remain competitive on pricing. The market mood around Kurunjang is balanced โ€” neither bullish nor bearish heading into 2026.

Frequently Asked Questions

Is Kurunjang a good suburb for investment?

Kurunjang is a regional area in Victoria with a population of 10,711. The median rent is $321/week and the median household income is $80,600/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Kurunjang?

Key demand drivers in Kurunjang include regional employment hubs, lifestyle, and affordability. 89% of dwellings are separate houses. The area has approximately 3 schools and 4 parks nearby.

What is the population of Kurunjang?

According to the ABS 2021 Census, Kurunjang has a population of approximately 10,711. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Kurunjang from the Melbourne CBD?

Kurunjang is approximately 37 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). Road travel times will vary; check current mapping services for up-to-date routes.

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