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 › Allegro Walk
$790,000–$840,000
For sale
Asking range
$768,000
Last sold
29 July 2024
4
Bedrooms
3
Bathrooms
2
Car spaces
364 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
Asking
$790,000–$840,000
Asking range · $2,170/m² of land
Last recorded sale $768,000 (29 July 2024).
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
+3.9%
Median sale
Suburb $760,000
-0.08 pp
Gross yield
Suburb 2.23%
Suburb median $760,000 from 13 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$48,123 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Junction Village's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 2.1%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 Tullum Real Estate3 Allegro Walk Junction Village VIC 3977
OCTAVE ESTATE: Perfectly positioned in the family-friendly community of Junction Village, 3 Allergo Walk presents an exceptional opportunity for families seeking space, flexibility and modern convenience.
Thoughtfully designed across two levels, this impressive four-bedroom residence offers three bathrooms, including two private ensuites, making it ideal for growing families, guests or those looking for additional accommodation options.
The standout feature is the downstairs bedroom with its own ensuite, providing excellent flexibility for extended family, guests, teenagers or those wanting private ground-floor accommodation.
Upstairs, the remaining bedrooms provide comfortable family living, while the additional bathroom ensures everyday convenience. A separate powder room further caters to guests and busy family life.
The home is complemented by a secure double-car garage, providing ample space for two vehicles and additional storage.
Key Features:
- Four generous bedrooms
- Three bathrooms
- Two private ensuites
- Downstairs bedroom with ensuite
- Convenient downstairs powder room
- Multiple Living Areas
- Split system cooling and heating
- Secure double-car garage
- Flexible floorplan ideal for families and guests
- Set within the welcoming Junction Village community
- Close to parks, playgrounds and recreation facilities
- Convenient access to local childcare and schools
- Close to shopping, supermarkets, cafés and everyday essentials
- Easy access to Cranbourne and surrounding suburbs
- A Connected Family Lifestyle
Location is a major highlight, with Junction Village offering a growing family-oriented community surrounded by open spaces, parks and walking trails. The Junction Village Recreation Reserve and playground facilities provide nearby options for outdoor activities and family recreation.
For younger families, local childcare options including Junction Village Early Education and Eden Academy Junction Village are close by.
Everyday shopping is also convenient, with local Junction Village amenities complemented by nearby Botanic Ridge Shopping Centre and Coles Botanic Ridge, providing easy access to groceries, services and other essentials.
The home is also well positioned for access to Cranbourne's broader selection of schools, shopping, dining and services, while major road connections provide convenient access throughout Melbourne's south-east.
Whether you're upsizing, accommodating a growing family or simply looking for a home that offers genuine flexibility, 3 Allergo Walk combines space, practicality and a highly convenient location in one impressive package.
Don't miss your chance to make this impressive Junction Village residence your own - inspect today!
Disclaimer:
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 photos, floor plans and site plans are for representational purposes only. We accept no liability for the accuracy or details in our photos, floor plans or site plans.
Please note the status of and or the information on the property may change at any time.
PHOTO ID REQUIRED AT OPEN FOR INSPECTION.
Please see the below link for an up-to-date copy of the Due Diligence Check List:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Tarnbir S Gill, Tullum Real Estate — reproduced as published, not verified by Districts.