1660 South Gippsland Hwy, Junction Village is a 3 bedroom, 2 bathroom House with 6 parking spaces and was built in 1960. The property has a land size of 4077m2 and floor size of 164m2. While the property is not currently for sale or for rent, it was last sold in January 2018.
Situated in a prime position off the main highway with potential for subdivision into 7 allotments (STCA) this property has much to offer. A very comfortable updated home on a flat acre to extend, renovate and later redevelop gives the astute purchaser a variety of options. This character weatherboard with a bull-nose verandah comprises:-
- Three bedrooms including a large master with walk-in robe and ensuite
- Two further bedrooms with built-in robes
With Devon Meadows Primary School just around the corner and walking distance to the local shops, Junction Village is a hidden gem, only minutes from the heart of Cranbourne and as the urban sprawl continues properties in this area are in high demand.
Contact Matt Dewan today to make an inspection today.
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 1,281 properties. Over the last 5 years, Houses in Junction Village have seen a 35.64% increase in median value, while Units have seen a 29.24% increase. As at 31 August 2024:
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