Over the last year, property investments in Junction Village, 3977 have given investors a capital gain of 10.91%. This compares averagely with the 11.00% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Junction Village has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Junction Village is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 181th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 1.33 sales per month, which equates to 16 per year.
Property investors who have had real estate in Junction Village, 3977 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.37%
In the last year 14 properties changed hands in Junction Village, which puts it as the 343th most active market in VIC when comparing the number of sales per suburb.
Situated 46.18km from the CBD, Junction Village is one of Casey localities in the postcode 3977.