5 Skipton Street Kurunjang VIC 3337

3 bed | 2 bath | 2 car | 677m² lot | dual living zones | quiet pocket | school zoning | no overlays The property’s competitive strength lies in its rare combination of a large, flat 677m² block with no overlay restrictions, two separate living areas, and direct zoning to both Kurunjang Primary and Secondary College. For a family buyer, this configuration offers immediate utility and future flexibility—the floorplan supports separation of children’s and adult zones, while the fully fenced yard, deck, and shed reduce post-purchase outlay. The dual living layout also suits an investor targeting the family rental market, where demand is steady and the estimated $435 weekly rent aligns with a low vacancy suburb. The absence of bushfire, flood, or heritage overlays simplifies both financing and any future renovation or subdivision inquiry. The primary risk is the inconsistent bedroom count across listings—three versus four—which may indicate a non-permitted conversion or a marketing stretch that could surface at valuation or resale. A buyer should verify the floorplan and council records before exchange. The 2017 sale at $380,000 and the nearby 1 Skipton Street estimate of $696,000 suggest reasonable upside, but the current asking range sits near the top of recent comparables, leaving limited short-term equity gain. The property is best held as a long-term family home or a buy-and-hold rental; any subdivision or development play would require a separate feasibility study given the 677m² lot size and standard R1 zoning.