48 Dalray Cres, Kurunjang VIC 3337

Large block with massive shed | Four-bedroom family layout | 15% recent suburb growth | No overlays or flood risk This property’s competitive edge is the 1100m² lot combined with a 150m² powered shed , a configuration rarely found in established Kurunjang. For a buyer needing secure vehicle storage, a workshop, or home business space, this removes the cost and hassle of renting external facilities. The 585m² building footprint with three living areas and a study suits multi-generational or work-from-home households. Recent 15.2% suburb growth and the absence of bushfire, flood, or heritage overlays reduce location-based uncertainty. The property serves families, tradies, and investors best, as the shed and layout create dual-use potential for both living and income support. The main risk is price expectation versus recent valuation evidence. Domain’s range of $700k–$920k and Property.com.au’s $942k–$1.06m sit well below the $1.05m–$1.15m guide, meaning the buyer may face a gap between market sentiment and vendor ambition. Rental yield at $510pw (3.5%) is modest for the price, so pure investment logic is weak unless capital growth continues. The opportunity lies in negotiating from the lower end of the guide, using the 2021 sale of $850k and the short days on market as leverage. If secured near $1.05m, the property holds well as a long-term family home with workshop utility, or as a hold-and-renovate play given the block size and lack of overlay constraints.