Junction Village, VIC 3977
Compare Part of Casey
46.33 km
Distance from Melbourne CBD
37 k
Population
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $280,000 | 0.0% | $140,000 | $409,000 | 13 |
| 2010 | $349,000 | +19.8% | $208,000 | $530,000 | 8 |
| 2011 | $287,500 | -21.4% | $275,000 | $350,000 | 10 |
| 2012 | $310,000 | +7.3% | $250,000 | $555,000 | 20 |
| 2013 | $358,000 | +13.4% | $246,000 | $510,000 | 6 |
| 2014 | $310,000 | -15.5% | $280,002 | $685,000 | 14 |
| 2015 | $392,500 | +21.0% | $249,000 | $730,000 | 16 |
| 2016 | $410,000 | +4.3% | $320,800 | $520,000 | 12 |
| 2017 | $432,000 | +5.1% | $290,000 | $975,000 | 21 |
| 2018 | $512,500 | +15.7% | $484,500 | $590,000 | 13 |
| 2019 | $483,500 | -6.0% | $441,400 | $800,000 | 13 |
| 2020 | $535,000 | +9.6% | $445,000 | $805,000 | 14 |
| 2021 | $605,000 | +11.6% | $450,000 | $920,000 | 25 |
| 2022 | $662,000 | +8.6% | $565,500 | $1,382,000 | 15 |
| 2023 | $685,250 | +3.4% | $485,000 | $2,550,000 | 23 |
| 2024 | $780,000 | +12.1% | $630,000 | $902,000 | 5 |
Median Sale Price
$685K
Based on 19 recorded sales within the last 12 months
Updated on 19 Apr 2024
Suburb Growth
+4.4%
Current Median Price: $685,250
Previous Median Price: $655,000
Based on 38 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $340 | 0.0% | $340 | $340 | 1 |
| 2012 | $330 | -3.0% | $310 | $500 | 5 |
| 2013 | $320 | -3.1% | $265 | $475 | 7 |
| 2014 | $300 | -6.7% | $220 | $350 | 12 |
| 2015 | $350 | +14.3% | $275 | $450 | 6 |
| 2016 | $360 | +2.8% | $315 | $410 | 5 |
| 2017 | $345 | -4.3% | $300 | $550 | 7 |
| 2018 | $350 | +1.4% | $310 | $480 | 6 |
| 2019 | $390 | +10.3% | $360 | $480 | 6 |
| 2020 | $340 | -14.7% | $250 | $450 | 3 |
| 2021 | $400 | +15.0% | $260 | $450 | 6 |
| 2022 | $500 | +20.0% | $400 | $850 | 24 |
| 2023 | $575 | +13.0% | $420 | $2,260 | 39 |
| 2024 | $580 | +0.9% | $470 | $750 | 25 |
Median Rent Price
$580
per week
Based on 51 recorded rent within the last 12 months
Updated on 19 Apr 2024
Rent Price Growth
+10.3%
Current Median Rent: $580
Previous Median Rent: $520
Based on 86 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+4.4%
Current Median Price: $685,250
Current Median rent: $580
Based on 70 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Schools closest to Junction Village, VIC 3977
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Lighthouse Christian College CranbourneTop 20 | 1785 SOUTH GIPPSLAND HIGHWAYCranbourne 3977 | Combined | Independent | 1.16 km |