OFF MARKET

193 Riverwood Drive
Junction Village VIC 3977

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 720m2
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Property Details for 193 Riverwood Dr, Junction Village

Building Type
Land
Land Size
720m2
Local Government
Casey
Lot/Plan
427/PS838330

Last Listing description (August 2023)

Modern lifestyle and surrounded by nature this exclusive 720sqm (approx.) allotment, perfectly positioned in the illustrious Octave Estate is an exciting and incredibly rare opportunity. This titled, east facing and ready to build lot with extra-wide 19.24m front and 27.3m depth (approx.) is the space for the home you've always wanted.

This park frontage lot is located just one hour from Melbourne via the nearby South Gippsland Highway and regarded as the gateway to the beautiful landscape of South Gippsland and Phillip Island, Junction Village is a wonderfully kept secret that's craved for its family-friendly amenities and proximity to Cranbourne amenities. Village-style living is complimented by metropolitan convenience, with schools, shopping centres and medical services all within a few minute's drive.

If you appreciate all the comforts of a larger town without hustle and bustle you really don't want to miss out. Get in touch with our team today to get more information and make your dream home a reality.

For more information about Octave estate:
https://octavejunctionvillage.com.au/land/

Property History for 193 Riverwood Dr, Junction Village, VIC 3977

A timeline of how this property has performed in the market
Last Sold
$517,000
21 Jun 2021
  • 03 Aug 2023
    Listed for Sale Not Disclosed
  • 21 Jun 2021
    Sold for $517,000

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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.

Suburb Insights for Junction Village 3977

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.