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VIC › Junction Village › Bandicoot Blvd

62 Bandicoot Blvd, Junction Village VIC 3977

House

$701,000

Last sold

31 July 2024

4

Bedrooms

2

Bathrooms

2

Car spaces

392 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $701,000 (31 July 2024).(Recorded sale)
  • FactLand 392 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Junction Village (last 5 years) with land size: median $1,059/m² of land (n=37). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$701,000

31 July 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.

See the full Junction Village report →

Vs Junction Village

-7.8%

Median sale

Suburb $760,000

+0.19 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 and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$701,00031 July 2024
  2. Listedprice unknowncompleted20 June 2024

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Junction Village in one glance

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.

See the full Junction Village report →

Keep researching

  • Why Junction Village? Read the area thesis →
  • What else is on the market in Junction Village →
  • Other records on Bandicoot Blvd →

Listing material

Listed by Area Specialist Casey

Modern Residence in Junction Village

Junction Village, THE JUNCTION ESTATE: Poised within Junction Village, this newly constructed contemporary residence showcases meticulous craftsmanship and was completed in 2022. Spanning a substantial land area of 392 square meters, this single-story home blends modern architecture with functional design, harmonizing beautifully with its surroundings.

The property features a sleek facade and meticulously manicured landscaping, creating an inviting ambiance upon arrival. A grand entrance sets the stage for the rest of the home, where every detail has been thoughtfully crafted to balance aesthetic appeal with practicality.

Inside, the residence boasts a spacious layout designed for modern living. The main living areas flow seamlessly from the grand entrance, offering an open and airy atmosphere perfect for both relaxation and entertaining. The kitchen is equipped with modern appliances and ample storage, complemented by a convenient pantry. Adjacent is a comfortable living and dining area that opens onto an alfresco space, extending the living area outdoors for the enjoyment of the mild Junction Village climate.

Read the full description

The residence includes four bedrooms, each providing comfortable accommodation. The master bedroom features a walk-in robe and a fully equipped ensuite bathroom for added privacy and convenience. The remaining bedrooms are equipped with built-in robes, ensuring plenty of storage space for occupants.

Additional highlights of the property include a double garage for secure parking and additional storage, a dedicated laundry room for added convenience, and side access, providing the potential for extra recreational space. The property is situated in a family-friendly neighbourhood with access to local amenities, schools, parks, and recreational facilities, offering a desirable lifestyle for families.

Main Features of the Property:

• 4 Bedrooms

• Master with Full Ensuite

• Walk-in Robe

• Built-in Robes

• Open-plan Kitchen

• Pantry

• Stone Benchtops in the Kitchen

• Quality Appliances

• Formal Lounge

• Meals Area

• Laundry

• Linen Cupboard

• Side Access

• Double Glazed Windows

• Double Car Garage

• Low Maintenance Garden

• Alfresco

Heating: Yes

Cooling: Yes

Downlights: Yes

Dishwasher: Yes

Chattels: All Fittings and Fixtures as Inspected as Permanent Nature

Deposit Terms: 10% of Purchase Price

Preferred Settlement: 30/45/60 Days

Strategically positioned, this home offers proximity to Cranbourne's primary shopping district, allowing you to shop, dine, and explore at your leisure. You'll also find the beautiful Botanical Gardens, convenient transportation options, and easy access to the South Gippsland Highway within close reach.

-Casey Fields Primary School

-Botanic Ridge Primary School

-Cranbourne Primary School

-Marnebek School Cranbourne

-Cranbourne Secondary College

-Cranbourne East Primary School

-Lighthouse Christian College Cranbourne

-St Agatha's School

-Casey Grammar School

-St Thomas the Apostle Catholic Primary School

-St Peter's College

-St Therese's School

-Cranbourne Police Station

Sport and Recreation

-Amstel Golf Club

Don't miss this opportunity to make this exquisite property your own. Contact Hardeep Singh today to arrange a viewing and experience the epitome of modern living in Junction Village

PHOTO ID REQUIRED AT OPEN HOMES.

Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters

Listing description written by Hardeep Singh, Area Specialist Casey — reproduced as published, not verified by Districts.

Property features

  • Broadband
  • Ensuites: 1
  • Outdoor Entertaining
  • Secure Parking
  • Toilets: 2

Also look at

Also for sale in Junction Village

  • 29 Sonata Way, Junction Village VIC 3977

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  • 7 Junction Cl, Junction Village VIC 3977

    4-bed house. Asking $920K.

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  • 3 Allegro Walk, Junction Village VIC 3977

    4-bed house. Asking $790K–$840K.

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  • 35 Contata Grove, Junction Village VIC 3977

    3-bed house for sale. Asking $695K–$755K.

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Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.