Kurunjang VIC: a deliberate 4.7% yield in a bottom-of-cycle growth corridor

The brief

This client’s priority was long-term capital growth within a mid-$500Ks budget, with rental income to support holding costs. That brief pointed to Melbourne’s western growth corridor — an area sitting at the bottom of its price cycle while the inner markets have already moved.

The purchase

The house was listed at $565,000. After the building and pest inspection surfaced items needing attention, we used those findings to negotiate the price to $555,000. The property rents at $500 per week — a 4.7% gross yield on a large block in an affordability corridor.

Why a 4.7% yield was the right call

Not every right purchase is a six percent yield purchase. Here, the investment case rests on cycle position and land content: the area’s growth is in front of it rather than behind it, large blocks mean the land does the heavy lifting over time, and the affordability corridor catches the next wave of priced-out buyers. The strategy picks the number — not the advertisement.

This is an actual client purchase completed by Invision Property. Yields are gross. Statements about market cycles reflect our assessment at the time of purchase and are not a prediction or guarantee of future growth. General information only — not financial advice.