OFF MARKET

16 Melody Way
Junction Village VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 366m2
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Last updated 16 Dec 2024
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Property Details for 16 Melody Way, Junction Village

Building Type
Land
Land Size
366m2

Last Listing description (December 2023)

Junction Village, OCTAVE ESTATE: Discover the canvas for your dream home in the heart of Junction Village within the prestigious Octave Estate. This vacant land parcel, boasting approximately 366 square meters of prime real estate, presents a golden opportunity to craft the perfect living space tailored to your desires. Nestled in the highly sought-after Location of Southeast Melbourne, this vacant land offers the perfect blend of suburban serenity and urban convenience. Enjoy the tranquility of Junction Village while being just moments away from essential amenities and recreational attractions.
With this vacant land, you have a blank canvas to create the home you've always envisioned. Whether you prefer a contemporary masterpiece, a charming cottage, or something in between, this land allows you to bring your architectural dreams to life. This estate’s central location means you're never far from everyday conveniences. Nearby shopping centres, schools, and medical facilities ensure that all your needs are met within a short drive. Embrace the natural beauty of the area with the renowned Royal Botanic Gardens just a stone's throw away. Take leisurely strolls amidst lush greenery or enjoy picnics with family and friends in this idyllic setting. For those who enjoy a round of golf, the Settlers Golf Club is also nearby. Spend your weekends perfecting your swing on this picturesque course, offering entertainment and relaxation for golfers of all levels.
Main Features of the Land:

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Land Size: 366sqm(approx.)
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Front: 13.25m (approx.)
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Back: 13.25m (approx.)
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Left: 25m (approx.)
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Right: 28m (approx.)
Deposit Terms: 10% Of Purchase Price
Preferred Settlement: 30/45/60 Days
Within a close proximity to all amenities, this is the top-notch location:
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Royal Botanic Gardens

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Settlers Golf Club
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Stringybark Picnic Area
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Harmony Park Playground
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Bandicoot Park
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Cafés
Junction Village is known for its family-friendly atmosphere, making it an ideal location to raise children or enjoy a peaceful retirement. This land not only offers the opportunity to build your dream home but also represents a sound investment in a thriving neighbourhood.
Don't miss out on the chance to secure this rare parcel of land in Junction Village's Octave Estate. With its excellent location and endless possibilities, it's the perfect canvas for creating a life that reflects your unique vision. Seize this opportunity today and turn your dream home into a reality!
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.

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Property History for 16 Melody Way, Junction Village, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$375,000
13 Dec 2023
  • 17 Nov 2023
    Sold for $375,000
  • 20 Sep 2023
    Listed for Sale Not Disclosed
  • 30 Sep 2021
    Sold for $379,000

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About Junction Village 3977

The size of Junction Village is approximately 1.4 square kilometres. It has 5 parks covering nearly 5.3% of total area. The population of Junction Village in 2011 was 1,158 people. By 2016 the population was 1,025 showing a population decline of 11.5% in the area during that time. The predominant age group in Junction Village is 80-89 years. Households in Junction Village are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Junction Village work in a trades occupation. In 2011, 83.2% of the homes in Junction Village were owner-occupied compared with 85.2% in 2016.

Junction Village has 1,282 properties. Over the last 5 years, Houses in Junction Village have seen a 27.75% increase in median value, while Units have seen a 27.56% increase. As at 30 November 2024:

  • The median value for Houses in Junction Village is $807,006 while the median value for Units is $432,629.
  • Houses have a median rent of $585.
There are currently 6 properties listed for sale, and 1 property listed for rent in Junction village on OnTheHouse. According to CoreLogic's data, 44 properties were sold in the past 12 months in Junction village.

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