Market snapshot
Suburb insights for Junction Village3977
Change suburbJunction 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.
Sales data
Median sale price
$697k
Annual price change
-9.5%
Metro Melbourne Comparison
$992k
4.9%
| Bedrooms | Junction Village | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $672,975 | $863,000 |
| 4 | $790,000 | $980,500 |
| Insight | Junction Village | Metro comparison |
|---|---|---|
| Clearance rate | 74.9% | |
| Days on market | 20.5 | 37 |
Rental data
Median weekly rent
$573
Rental yield
4.3%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Junction Village | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | - | $550 |
| 4 | - | $595 |
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