255 Gisborne-Melton Road Kurunjang VIC 3337

4-bed house in Kurunjang | below-median asking | 660sqm lot | 90% owner-occupied street This property sits below the local median price for a four-bedroom house, which gives a buyer a structural pricing advantage in a suburb where 76% of residents are families. The 660sqm lot is generous for the area and the street is 90% owner-occupied, indicating stable neighbourhood demand and low turnover risk. The property suits a family buyer seeking a detached house with space, or an investor targeting the family rental pool near two government schools. The main risk is that the asking range is above the suburb median of $650,000, meaning the buyer must negotiate hard to avoid overpaying in a market with 57% auction clearance and 26 average days on market. The absence of sales history on this specific property adds uncertainty around condition or renovation needs. The opportunity is to secure a house on a large lot in a stable street, with FTTP NBN as a supporting value-add. Hold for family occupation or long-term rental; avoid flipping in this clearance environment.