4 Molga Close, Kurunjang VIC 3337

Court position | fully updated interior | 653sqm block | stable long-term street The property at 4 Molga Close presents a rare combination of a quiet court location and a fully modernised interior on a substantial 653sqm block. In a street where 100% of homes have been held for over a decade, this house offers immediate move-in condition without the compromises typical of renovated stock. The three-bedroom two-bathroom layout with two car spaces suits families and first home buyers alike, while the court positioning reduces through-traffic and enhances resale appeal. For investors the rental yield potential from comparable properties around $450-$460 per week supports the price guide, though the real advantage lies in the land-to-improvement ratio on a block larger than most nearby sales. The primary risk is the limited recent sales history on Molga Close itself, with the closest comparable at 3 Molga Close showing only 1.80% annual growth over a one-year hold period. This suggests the street may not have experienced the same uplift as broader Kurunjang. Buyers should verify whether the 2005 purchase price indicates a low cost base that could affect future capital gains tax if selling within five years. The opportunity is in the land component, which at 653sqm in a court location is increasingly scarce. A sensible holding strategy is to occupy for three to five years, allowing the updated interior to age gracefully while the block appreciates, then reassess for either family expansion or subdivision potential subject to council approval.