Junction Village at a glance
1,841
People
$760,000
Median sale
$326/wk
Median rent
2.23%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
VIC › Junction Village › Glendoon Rd
$685,250
Last sold
4 Dec 2023
4
Bedrooms
2
Bathrooms
0
Car spaces
613 m²
Land
Districts View
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$685,250
4 Dec 2023 · derived via latest_sale
Local land rate: recorded House sales in Junction Village (last 5 years) with land size have a median of $1,059/m² of land (n=37). Districts calculation from recorded sales — not a valuation.
Junction Village at a glance
1,841
People
$760,000
Median sale
$326/wk
Median rent
2.23%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Vs Junction Village
-9.8%
Median sale
Suburb $760,000
+0.24 pp
Gross yield
Suburb 2.23%
Suburb median $760,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning scheme
ZN
Zone
GENERAL RESIDENTIAL ZONE - SCHEDULE 1
GRZ1
Jurisdiction
Casey
Casey, VIC
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 614 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $326/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
3 of 10 questions answered so far
Development optionality of this lot
KnownmediumZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 614 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
KnownmediumOfficial parcel about 614 m² — land size can look like optionality. No material overlays were returned that would explain a discount. That is not proof the price is fair. Nearby DAs, easements, and flood-layer gaps can still explain a cheap-looking listing — those are not all loaded.
Lot-level flood
UnknownFlood overlay has not been queried for this lot. Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownNo DA adapter returned applications for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Junction Village at a glance
1,841
People
$760,000
Median sale
$326/wk
Median rent
2.23%
Suburb gross yield
Median sale from 13 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White CranbourneJUNCTION VILLAGE: Impeccably presented and enticingly priced for those starting out or scaling down, this dual-living-zone home delivers generous dimensions coupled with a family-friendly appeal nestled in a blissful locale
Beyond a brick facade and carefree gardens, the single-level floorplan flows into a choice of 2 spacious lounging areas plus a separate dining zone adorned with hardwood flooring, chocolate carpeting and a muted colour palette to form the backdrop of your own interior style.
A central hostess kitchen complete with a breakfast peninsula, gas cooktop and stainless-steel appliances provides plenty of cabinetry for pots, pans and small appliances, while the French doors running off the family room lead you to the charming pergola. Overlooking the lush green lawn and the built-in cubby house with slide and sandpit, this space has to be one of the major selling attractions.
Cleverly configured for family comfort, the 3 children's bedrooms are cosseted down the rear hall with their own bathroom with shower, bathtub and a separate toilet facilities. This leaves the parents to enjoy the peace and privacy of a large master bedroom that offers a walk-in robe and full ensuite. Added extras include ducted heating, evaporative cooling, CCTV system, and Solar system, plus a handy built-in study nook that allows for work-from-home convenience.
Positioned on a block measuring over 610m2 there is ample room for shedding (S.T.C.A.) and parking for multiple high-clearing vehicles and even the family boat or caravan!
Set in the peaceful and leafy community of Junction Village, right on the outskirts of all that Cranbourne has to offer, properties in this location are often sought but seldom found. Within footsteps to the playground and recreational facilities of Junction Village Reserve, you are only approx. 45 minutes from the Melbourne CBD.
This gem is also in close proximity to the local cricket oval with extensive parkland and the BMX track. You'll be nearby to a handy shopping strip, Botanic Ridge Primary and within moments of the Cranbourne Park Shopping Centre and all major arterials. Other local attractions include Casey Fields, Casey Race, the Royal Botanic Gardens, the Cranbourne race track and multiple golf courses!
If you want your family to have the very best in country and city living combined then enquire before it's SELLING, SELLING, SOLD!
BOOK AN INSPECTION TODAY, IT MAY BE GONE TOMORROW - PHOTO ID REQUIRED AT OPEN FOR INSPECTIONS!
DISCLAIMERS:
Every precaution has been taken to establish the accuracy of the above information, however, it does not constitute any representation by the vendor, agent or agency.
Our floor plans are for representational purposes only and should be used as such. We accept no liability for the accuracy or details contained in our floor plans.
Due to private buyer inspections, the sale status may change prior to pending Open Homes. As a result, we suggest you confirm the listing status before inspecting.
Listing description written by Paul Ringeri, Ray White Cranbourne — reproduced as published, not verified by Districts.