Market snapshot

Suburb insights for Junction Village3977

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Junction Village, located approximately 45 km southeast of the Melbourne CBD and just southeast of Cranbourne, is a small, peaceful suburb that offers a tight-knit community atmosphere and semi-rural living. It’s surrounded by green spaces, including the Royal Botanic Gardens and local reserves, appealing to those seeking tranquillity close to Cranbourne amenities.

Recent sales and auction results in Junction Village

AddressBedroomsPriceTypeMethodSale DateAgentListing
278 Riverwood Dr, Junction Village4PriceHousePassed in at Auction26/06/2026Areal Property Point CookView

Sales data

Median sale price
$697k
Annual price change
-9.5%
Metro Melbourne Comparison
$992k
4.9%
BedroomsJunction VillageMetro comparison
2-$950,000
3$672,975$863,000
4$790,000$980,500
InsightJunction VillageMetro comparison
Clearance rate74.9%
Days on market20.537

Rental data

Median weekly rent
$573
Rental yield
4.3%
Metro Melbourne Comparison
$580
3.1%
BedroomsJunction VillageMetro comparison
2-$595
3-$550
4-$595
Median data for the current quarter
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