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City of Casey

Junction Village

Junction Village Property Market
& Suburb Profile

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MEDIAN PRICES IN JUNCTION VILLAGE

Median house price

(all agencies, last 12 months)$680k*

House price change

(all agencies, last 12 months)-3%

Median unit price

(all agencies, last 12 months)$500k*

Unit price change

(all agencies, last 12 months)+11.11%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

JUNCTION VILLAGE price TRACKER

HousesUnits

Junction Village sales overview

  • Sold by Private Sale or Other Method 100%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)28

Average days on market (units)

(all agencies, 12 months)11

Average held period in Junction Village

(proptrack)7 years

Junction Village Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$619pw

House rental price change

(all agencies, last 12 months)0.02%

Median rental price for Units

(all agencies, last 12 months)$497pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)4.19%

Average rental yield for Units

(all agencies, last 12 months)4.62%

Junction Village total population size

(as at the last census)1,051

Median household size in Junction Village

(as at the last census)2.2

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Junction Village property types

  • Houses 65%
  • Units 2%
  • Other 33%

OCCUPANCY in Junction Village

  • Owned 73%
  • Rented 14%
  • Other/Not Stated 13%
  • Singles 39%
  • Families 59%
  • Other 3%

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About Junction Village

Junction Village is a highly tranquil and unique residential suburb located approximately 48 kilometres south-east of the Melbourne CBD, offering a desirable semi-rural lifestyle with an exceptionally strong sense of peaceful seclusion and space, making it highly appealing to established families and retirees.

Defined by its low-density zoning, the suburb predominantly features standalone houses on generous plots of land, often providing significant space for private living and large gardens, with a high proportion of owner-occupiers reinforcing its stable community feel.

Residents benefit immensely from the proximity to significant natural amenity, being located immediately adjacent to the magnificent Royal Botanic Gardens Cranbourne, which provides vast walking tracks, parklands, and a unique natural buffer against urban development. While maintaining its quiet atmosphere, the suburb is highly convenient, being just minutes from the major retail, dining, and service hubs of Cranbourne, including the Cranbourne Park Shopping Centre, and the Cranbourne Train Station for a direct city commute.

Education is well-supported by nearby institutions such as Casey Grammar School and Lighthouse Christian College, catering to families seeking quality schooling.

For investors and buyers, Junction Village represents a unique lifestyle market where the premium on large land parcels and a tranquil, convenient location ensures enduring demand, particularly for quality rental houses drawn to the proximity to both nature and urban hubs.

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Sales Comparison

Find out how Junction Village median sales prices compare to neighbouring suburbs.

Junction Village MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
202541$590,000-3.00%40$558pw4.41%
202428$567,7505.46%65$549pw4.55%
202332$558,000-0.99%37$516pw4.31%
202217$583,2508.07%18$451pw3.98%
202125$566,25015.70%8$420pw3.59%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
202541$590,000-3.00%
202428$567,750+5.46%
202332$558,000-0.99%
202217$583,250+8.07%
202125$566,250+15.70%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
202540$558pw4.41%
202465$549pw4.55%
202337$516pw4.31%
202218$451pw3.98%
20218$420pw3.59%

PROUDLY SERVICING Junction Village

Barry Plant
Cranbourne

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.