OFF MARKET

1678 South Gippsland Highway
Junction Village VIC 3977

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 97m2
Land area: 3044m2
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Property Details for 1678 South Gippsland Hwy, Junction Village

1678 South Gippsland Hwy, Junction Village is a 3 bedroom, 1 bathroom House and was built in 1972. The property has a land size of 3044m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in June 2023.

Building Type
House
Year Built
1972
Floor Size
97m2
Land Size
3044m2
Local Government
Casey
Lot/Plan
2/LP126667

Last Listing description (September 2023)

Goldbank Realestate Group is extremely delighted to present you this perfect opportunity to secure a large block of land 3048m2 (approx ) with a main highway exposure will open to wide range of development opportunities.

Situated within one of Australia's fastest growing corridor this popular pocket of Junction Village has a huge potential in the future as the area of Cranbourne, Botanic Ridge, Clyde are booming & growing each day.


With a 3 bedroom existed house on the property that is currently tennated will be a perfect ball-roll for someone looking to hold whilst getting permissions from the council. Subject Site is just minutes away from Cranbourne Shopping Centre & Railway Station, Botanic Ridge Shops & Schools, Casey Grammar School , Cranbourne Botanical gardens and all other local amenities.

Key Features :
-3048m2 approx
-Zoning - GRZ1
-Highway Exposure
-Subdivide to 12-15 Townhouses STCA
-Potential Medical or Childacre Centre site STCA
-Existing Dwelling
-Natural Gas, Mains water, Electricity & Internet connected

Goldbank Team welcomes you and looks forward to meeting you at the opens.

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION)

NOTE: link for Due Diligence Checklist:
http://www.consumer.vic.gov.au/duediligencechecklist

Disclaimer: All dimensions, sizes and layout are approximately. The photos are for illustrative purposes only and include virtual furniture for display purposes only.

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Property History for 1678 South Gippsland Hwy, Junction Village, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$1,000,000
10 Jun 2023
Listed for Rent
$370/w
05 Feb 2014
  • 10 Jun 2023
    Sold for $1,000,000
  • 21 Aug 2018
    Listed for Sale $1,200,000
  • 05 Feb 2014
    Listed for Rent $370 / week
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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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