OFF MARKET

18 Magnolia Road
Junction Village VIC 3977

Bedrooms: 4
Bathrooms: 4
Car spaces: 2
Floor area: 175m2
Land area: 411m2
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Property Details for 18 Magnolia Rd, Junction Village

18 Magnolia Rd, Junction Village is a 4 bedroom, 4 bathroom House with 2 parking spaces and was built in 2025. The property has a land size of 411m2 and floor size of 175m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Year Built
2025
Floor Size
175m2
Land Size
411m2
Local Government
Casey
Lot/Plan
802/PS900608

Last Listing description (August 2024)

Investors, seize the chance to own this brand-new 3-bedroom co-living house in the highly sought-after Greenwood Estate, Junction Village. With each bedroom boasting its own ensuite, this specious house offers the perfect setup for multiple tenants, maximizing rental returns compared to traditional house renting.
Strategically positioned in close proximity to Royal Botanical Gardens Cranbourne and short drive to key amenities such as Botanic Ridge Village Shopping Centre, Cranbourne Park Shopping Centre, Cranbourne train station and schools, as well as an array of dining and entertainment options, this property ensures convenience and appeal for potential tenants.

INCLUSIONS:

Fixed slab and site costs including rock removal
Clothesline wall mounted with concrete pad and Letterbox
Coloured concrete to Driveway, Porch and Outdoor Living Area
Boundary Fencing & Landscaping to front and rear yards
Flyscreens and window locks to all operable windows
LED Downlights to Living areas, Oyster Light Fittings to other rooms
900mm stainless steel kitchen appliances including dishwasher
20mm Caesarstone benchtops throughout
Quality floor coverings throughout
Split system to family room & bedroom 1
Roller blinds (single) to windows and sliding doors (excludes bathrooms, ensuite & toilet)

ADDITIONAL INCLUSIONS/VARIATIONS:
Keyed lock sets to all bedrooms
Split system to all bedrooms
Delete Ducted Heating
Sliding external door to all bedrooms and MPR
3 x lockable pantries
3 x lockable storage cupboards to garage

Secure this property today - Contact Matt (0410 692 304) to make this lucrative investment yours.

Price and information are subject to change without notice. Base price includes standard brick faade. House is to be constructed. Images are for illustration purposes only. Indicated weekly rent return is approximate only for a fully occupied & furnished similar Co-Living house, based on current market rents. Contact the consultant for details.

*POS Lot: 802

Property Code: 6079

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Property History for 18 Magnolia Rd, Junction Village, VIC 3977

A timeline of how this property has performed in the market
Last Sold
  • 21 Oct 2024
    Sold for $410,000
  • 04 Jul 2024
    Listed for Sale $771,039 - Rental Return $800 P/W
  • 30 Jul 2023
    Listed for Sale Not Disclosed

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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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