Junction Village Suburb ProfileVictoria 3977
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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.
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.
Market Insights
Junction Village Trends for Houses
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Junction Village Trends for Units
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Neighbourhood Insights
Age
Population 1,025
0-9
9%
10-19
7%
20-29
12%
30-39
8%
40-49
8%
50-59
11%
60-69
13%
70-79
13%
80-89
16%
90-99
4%
Household Structure
Occupancy
Recent Sales in JUNCTION VILLAGE 3977
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Properties for sale in JUNCTION VILLAGE 3977
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Last Updated: 22/12/2024
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