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 › Riverwood Dr
$801,000
Last sold
11 Apr 2024
4
Bedrooms
2
Bathrooms
2
Car spaces
720 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
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
$801,000
11 Apr 2024 · 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
+5.4%
Median sale
Suburb $760,000
-0.11 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 data is being calculated
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
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” 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.
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.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
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?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). 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
UnknownDevelopment applications have not been queried 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 Barry Plant Noble Park / KeysboroughNear new, this custom-built beauty on a 720m2 (approx.) block with unrivalled park views is now ready to call your own. Boasting a unique design and an abundance of premium features, this home comprises spacious bedrooms, including a master suite with ensuite and custom-built robes. The front bedroom or formal living room provides stunning views of Harmony Park. At the same time, the open entertaining space seamlessly integrates a family area, dining space, and a flawless kitchen with direct access to and overlooking the expansive backyard. Tucked away are two additional bedrooms, a family bathroom, a convenient powder room, and extensive walk-in euro-style laundry. Solar panels, a split-system AC unit, fans, CCTV cameras, and an oversized double lock-up garage with secure internal and external access complete the picture. Don't miss the chance to seize this once-in-a-lifetime opportunity.
Situated on the edge of the Royal Botanic Gardens in the Octave Estate, this home offers a lifestyle of convenience and tranquility. Cranbourne Park Shopping Centre and Botanic Ridge Village are just a short drive away, along with several schools within reach, including Casey Fields Primary, Botanic Ridge Primary, Cranbourne Primary, St Agatha's Primary, Cranbourne Secondary, and Cranbourne East Secondary. Easy freeway access allows for comfortable commuting to the city or a quick getaway to Phillip Island.
With approximately 280m2 of lush grass from front to back (on 720m2 approx. block), this property is perfect for families and pets. It is professionally landscaped for your enjoyment and features a 5000-litre water tank with access down both sides of home. The fully electrical home is enhanced by an impressive 11.4kw/h solar system with a double inverter. The versatile room at the front can either be used as a 4th bedroom or another living space depending on what suits your needs. It brings in an array of warm sunshine. The heart of the home is the central space, featuring a kitchen with an expansive central island breakfast bench and ample storage, including a walk-in pantry, integrated dishwasher, double wall oven, and induction cooktop. This area seamlessly flows, providing easy access to the great outdoors through extended sliding doors. Generous bathrooms and showers contribute to a comfortable lifestyle, and the extended walk-in euro-style laundry is an added convenience.
This inviting home was completed pre-Spring and is ready to be your new home. It was built in a warm and welcoming community – what more could you want or need?
Photo I.D. required at all inspections.
DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of the exact dimensions of the property / land / or of each room, we advise you to conduct your own measurements and / or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.
Listing description written by Tim Stickley, Barry Plant Noble Park / Keysborough — reproduced as published, not verified by Districts.
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