Blocks of units in Kurunjang represent one of Melbourne’s western growth corridor opportunities for investors seeking multi-income residential assets at a price point well below the metropolitan median. This guide covers everything you need to know about investing in Kurunjang unit blocks in 2026, from suburb fundamentals and rental yield potential to the buying process and how Collings Real Estate can help you secure an off-market opportunity.

What Are Blocks of Units in Kurunjang and Why Do Investors Buy There?

Kurunjang is a suburb in the City of Melton, approximately 36 kilometres west of Melbourne’s CBD. It sits within one of Victoria’s fastest-growing local government areas, making it a suburb that consistently attracts both owner-occupiers and investors looking for affordable entry points into the residential property market.

A block of units (sometimes called a unit block or multi-dwelling residential investment) is a single title or strata-titled property containing two or more self-contained dwellings on the one lot. Investors buy them because the rental income from multiple tenancies stacks on top of one another, creating a stronger gross yield than a comparable single dwelling at a similar purchase price. You are also spreading vacancy risk across several tenancies rather than relying on one household to service the mortgage.

For investors already exploring blocks of units for sale in Melbourne 2026, Kurunjang deserves a close look given its affordability relative to inner and middle-ring suburbs and the genuine rental demand driven by population growth in the Melton corridor.

What Do the Numbers Say About Kurunjang Property?

Hard data is what separates a well-reasoned investment decision from a guess. Here is what the verified figures show for Kurunjang right now.

Median Sale Prices (April to June 2025 Quarter)

According to DataVic and REIV data, Kurunjang’s median house price in the April-to-June 2025 quarter was $551,000, up 4.1% quarter-on-quarter and 1.7% year-on-year. The median unit price for the same period was $391,000, up 4.5% quarter-on-quarter, although it sits 16.8% lower year-on-year, reflecting a period of price correction that has now stabilised and begun to recover.

That unit median of $391,000 is the most relevant figure for unit block investors. It suggests that individual units within a block can be valued at a level that, when combined across two, three, or four dwellings, produces a total asset value that still compares favourably against equivalent yield-focused products in middle-ring Melbourne.

Demographics (ABS Census 2021)

ABS Census 2021 data records Kurunjang’s population at 10,711 residents, with a median age of 34.0 years. The suburb skews toward working-age families. The median household income is $1,550 per week and the median rent is $321 per week.

A median rent of $321 per week means a block containing four standard units could theoretically generate around $1,284 per week in gross rental income, or roughly $66,768 per year, before expenses. Against a combined asset value of approximately $1.56 million (four units at the median), that implies a gross yield in the range of 4.2% to 4.5%, which is competitive for a western growth corridor suburb with upside from further population-driven rent growth.

The relatively young median age of 34 and the family-oriented demographic profile mean demand for rental accommodation tends to be stable and recurring. Young families typically rent for longer periods and are less likely to vacate frequently, which supports lower vacancy rates and more predictable cash flow for investors.

What Are the Key Considerations When Buying a Unit Block in Kurunjang?

Unit block investing is not the same as buying a single investment property. There are several layers of due diligence that experienced investors work through before exchanging contracts.

Title Structure and Planning Permits

Blocks of units can be held on a single (company) title, a stratum title, or a community title arrangement. Each has different implications for financing, future subdivision, and resale. In Kurunjang, you will also want to confirm the zoning under the Melton Planning Scheme. General Residential Zone (GRZ) and Neighbourhood Residential Zone (NRZ) have different density controls that affect what you can do with the land over time.

Rental Condition and Tenancy Status

A block sold with sitting tenants is usually preferable for cash flow continuity, but you need to review each tenancy agreement carefully. Check that rents are at or near market (recall the ABS benchmark of $321 per week for Kurunjang), that leases are fixed-term or periodic, and that there are no outstanding maintenance obligations that the vendor has deferred.

Body Corporate and Common Area Costs

If the block has a body corporate in place, obtain the last two years of financial statements and meeting minutes. Underfunded sinking funds are a red flag. If it is held on a single title with no body corporate, clarify who is responsible for shared infrastructure like driveways, roofing, and fencing.

Finance and Serviceability

Lenders assess unit blocks differently from single-dwelling purchases. Some lenders apply higher loan-to-value ratio (LVR) restrictions for properties with more than four dwellings on one title. Work with a mortgage broker who has experience in commercial-residential hybrid lending before you make an offer, so you know your borrowing capacity clearly.

For investors comparing different geographic options across Melbourne, Collings Real Estate’s overview of rental yield Melbourne suburbs in 2026 provides useful context for benchmarking Kurunjang against other growth corridors.

Growth Drivers in the Melton Corridor

Kurunjang benefits from a number of structural tailwinds that underpin long-term rental demand:

• The City of Melton is one of Victoria’s fastest-growing LGAs, with the state government’s Melton-Wyndham corridor earmarked for continued residential expansion.
• The Melton rail line (Melton station is approximately 2 kilometres from Kurunjang) provides a direct connection to Melbourne’s CBD, making the suburb accessible for commuting workers who cannot afford inner-city rents.
• New schools, retail precincts, and community facilities have been progressively delivered in the area, improving liveability scores and attracting longer-term renters.
• The median household income of $1,550 per week (ABS Census 2021) reflects a working population with capacity to sustain rents at or above current medians as the economy grows.

How Does Collings Real Estate Help Investors Find Unit Blocks in Kurunjang?

Collings Real Estate has been operating across metropolitan Melbourne for decades, and the team maintains an active database of off-market and pre-market multi-dwelling assets across western, northern, and inner Melbourne. For investors specifically targeting blocks of units, the off-market pipeline is often where the best value sits, because you are not competing in a public auction with emotionally driven bidders.

The Collings investor portal gives registered buyers early access to properties before they reach public listing platforms. You can register at collings.com.au/portal to receive notifications when suitable Kurunjang or broader western corridor unit blocks become available.

The team also assists investors with:

1. Suburb analysis and yield modelling based on current DataVic, REIV, and ABS figures.
2. Tenancy review to assess whether existing rents are at market and whether the tenancy mix is sustainable.
3. Negotiation and contract management across both private sale and expression-of-interest campaigns.
4. Property management once the purchase settles, so the block is professionally managed from day one.

Investors who are also exploring opportunities across the broader metropolitan market can browse the full range of available assets through Collings’ blocks of units listings across Melbourne, which is updated regularly as new stock comes to market.

Frequently Asked Questions About Blocks of Units in Kurunjang

What is the median unit price in Kurunjang?

According to DataVic and REIV data, the median unit price in Kurunjang for the April-to-June 2025 quarter was $391,000, representing a quarter-on-quarter increase of 4.5%.

What is the median rent in Kurunjang?

ABS Census 2021 data records the median rent in Kurunjang at $321 per week. This is the most recent official benchmark and is used by investors to estimate rental income for multi-dwelling properties in the suburb.

Is Kurunjang a good suburb for investment properties?

Kurunjang sits within the City of Melton, one of Victoria’s fastest-growing local government areas. Its young median age of 34, stable working-age demographic, and affordability relative to inner Melbourne make it a credible option for investors targeting multi-dwelling residential assets with reliable rental demand.

How do I find off-market unit blocks in Kurunjang?

Registering with the Collings Real Estate investor portal at collings.com.au/portal gives you access to off-market and pre-market listings across Kurunjang and the broader Melbourne market before they are publicly advertised.

What financing considerations apply to unit blocks?

Lenders often apply different LVR limits and serviceability assessments to unit blocks compared with single dwellings, particularly for properties with more than four units on one title. Consulting a mortgage broker with multi-dwelling experience before making an offer is strongly recommended.

Ready to Enquire About Off-Market Unit Blocks in Kurunjang?

Kurunjang offers a genuine convergence of affordability, demographic growth, and improving infrastructure that makes it a suburb worth investigating for unit block investors in 2026. The data is clear: a median unit price of $391,000, a median rent of $321 per week, a population of over 10,700 residents with a median age of 34, and one of Victoria’s fastest-growing LGAs surrounding it. Whether you are a first-time multi-dwelling investor or adding to an existing portfolio, the fundamentals are sound.

To enquire about off-market unit blocks in Kurunjang or anywhere across metropolitan Melbourne, contact Collings Real Estate directly:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Address: 230 Waterdale Road, Ivanhoe, VIC 3079
• Portal: Register for off-market listings