5 Kurrajong Road, Warragul VIC 3820
5 Kurrajong Road, Warragul VIC 3820
Family-sized detached house | Kurrajong Road, Warragul | Modern finishes common nearby | Strong family rental demand | Bushfire overlay noted
This property sits within a street that consistently delivers four-bedroom, two-bathroom family houses on mid-sized blocks of roughly 600–650 square metres. The nearby stock shows contemporary build quality—engineered timber flooring, stone kitchen tops, butler’s pantries, and high ceilings—which suggests this house may offer similar specification if it falls within the same recent construction wave. The suburb’s rental profile is robust, with four-bedroom houses commanding around $600 per week, indicating sustained demand from families seeking detached living with access to schools, childcare, parklands, and the M1 freeway. This property is best suited to an owner-occupier family or an investor targeting the mainstream upper-family segment, where configuration and lot size align closely with what Warragul buyers actively seek.
A bushfire overlay applies to at least one nearby property on this street, which may affect insurance costs and could influence some buyers’ risk tolerance. The property’s value might be shaped by its exact orientation and aspect—nearby houses with northern exposure and elevated views command a premium—so the specific layout and outlook will matter when forming a view on price. The absence of flood or heritage constraints on the street is a positive, but the bushfire designation warrants due diligence on vegetation management and building standards. The condition and age of the house, whether recently updated or original, will also materially affect its comparative standing.
Detailed Independent Property Report prepared by PropCred Analyst team for 5 Kurrajong Road, Warragul VIC 3820
Checks found:
Value Risk
Liquidity Risk
2
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Warragul, just over an hour from Melbourne, is a West Gippsland hub; population grew 26% since 2016, with 30-39 the largest cohort. Families, professionals and retirees drive demand, supported by strong schools and infrastructure investment. The median house price is around $650,000, with growth flat to low single-digit (2.28% versus -0.19% in 2025 estimates); units sit near $443,000, down 0.7-1.7%. Houses move in 45-62 days, with roughly 500 annual sales and 209 current listings, implying balanced supply. Gross yields are 4.25% for houses and 5.15% for units, while median weekly rents are $565 and $410. Future growth depends on continued infrastructure and education spending, but the median sales price over the past year reached $871,750, well above the house median; with 209 properties listed, supply levels may limit price growth.
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PropCred Estimated Value
Comparable Sales: similar four-bedroom houses on Kurrajong Road have recently listed in the high $700,000s to low $800,000s | Property Price Band: $700,000–$800,000 | Value Drivers: land size, build quality, orientation, and bushfire overlay impact on buyer pool
Bedrooms
3
Bathroom
2
Parking
2
Land
630m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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