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 › Craig Rd
$640,000
Last sold
14 Dec 2022
4
Bedrooms
2
Bathrooms
2
Car spaces
613 m²
Land
174 m²
Building
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
$640,000
14 Dec 2022 · derived via latest_sale
Sources disagree on the sale price. All recorded figures are shown in the history below — Districts does not pick a winner.
Local land rate: recorded House sales in Junction Village (last 5 years) with land size have a median of $1,070/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
-15.8%
Median sale
Suburb $760,000
+0.42 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
TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD
TRZ3
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 TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (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.
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 TRANSPORT ZONE 3 - SIGNIFICANT MUNICIPAL ROAD · TRZ3 (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 Stockdale & Leggo Central4 BEDS + STUDY - CALL TO BOOK YOUR PRIVATE APPOINTMENT
Don't miss this beautiful home in quiet Junction Village, perfect for first home buyers & families. Set on approx. 609m2 facing east, the home offers a wonderful lifestyle that is hard to come by.
As you arrive you are greeted with a fully fenced secure yard, and driveway leading to double carport, and there is a private established garden even before you enter.
Once inside this warm & inviting home you have timber floors, and the main lounge is spacious with a gas log fire. The study is great for working from home and could double as a 5th bedroom if required.
The master bedroom has mirrored wardrobes, and a semi ensuite for your convenience. There are lovely views of the front garden.
The neat family bathroom is located down the hall next to bedroom 2 & features separate toilet. Just at the end of the hall is the fully fitted laundry which has ample bench & storage space.
The modernised kitchen has great storage options & breakfast bar with plenty of bench space. Stainless steel appliances & dishwasher are there for your convenience, and you can look out over the alfresco & backyard while you prepare.
Adjacent to the kitchen & living area is the dining space, and further along you have two more bedrooms, with bedroom 3 having access to a paved courtyard behind the carport, and bedroom 4 having access to the covered alfresco.
Ducted heating & split system cooling will keep you comfortable all year round, as well as the gas log fire in the lounge for those cosy winter nights.
There are multiple doors you can use to go out to the alfresco, the perfect place to entertain & relax. Decked, partially enclosed and with great views of the yard & reserve, this is an area that can be used at any time of the year.
Step down to the spacious yard, you immediately notice the gates leading out to Junction Village reserve, for an almost extension of your usable yard! Children, pets and anyone active will enjoy this great setup. Off to the side, the shed/workshop provides even more storage or a place for projects.
Other extras include electric roller shutters, ceiling fans & solar panel system.
Set in unique Junction Village, you have a country feel yet with only 5 minutes drive to Cranbourne's many amenities. Also nearby are the Royal Botanical Gardens, freeway access, major arterial roads including easy access to the South Gippsland Highway & more. This is an enviable location with so much to offer. It must be inspected to be fully appreciated. Call Daniel today!
Please note : Photo ID & QR check in is a condition of entry at all inspections.
COVID 19 : Please do not attend if you have COVID, are a close contact, have symptoms, or are awaiting test results. In line with current government guidelines, we ask that attendees please wear a fitted face mask at all times & maintain social distancing. Thank you for understanding.
Listing description written by Daniel Burgdorf, Stockdale & Leggo Central — reproduced as published, not verified by Districts.