Suburb Profile Report for Junction Village VIC (3977)

Junction Village House: Median price $450,250, Annual capital growth 8.02%, Number of sales 14, Weekly median advertised rent N/A

Junction Village Unit: Median price $310,000, Annual capital growth 5.06%, Number of sales 13, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: CoreLogic

House Report
Unit Report

At number 788th in the list of Australian suburbs ordered by increase in median house value over the last year, Junction Village, 3977 is in the top 20% with a property value increase of 14.28% recorded in median house prices.

Comparing Junction Village,3977 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

The most recent median price for Junction Village is $450250, with sellers offering an average of -1.28% off the asking price.

Situated 45.69km from the CBD, Junction Village is one of Casey localities in the postcode 3977.

Property value increases in Junction Village have tracked higher than the VIC average of 8.36% over the last 12 months.

Metrics	HOUSE	UNIT
Median price	$450,250	$310,000
Quarterly growth	2.33%	N/A
12-month growth	14.28%	20.39%
Average Annual Growth	8.02%	5.06%
Weekly median advertised rent	N/A	N/A
Number of sales	14	13
Gross rental yield	N/A	N/A
Days on market	29.8	N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (U)

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Demographics

Total population	1158
Median household income ($/weekly)	774
Median age of persons	52
Median housing loan repayment ($/monthly)	1400
Average household size	2.3

Census	Count	Percent(%)
45-54 years	124	10.7
55-64 years	142	12.3
65-74 years	112	9.7
75-84 years	191	16.5
85 years and over	115	9.9
Others	475	41.0

Age Group

Census	Count	Percent(%)
Registered Married	360	44.5
Not Married	352	43.5
Defacto Relationship	97	12.0

Social Marital Status

Census	Count	Percent(%)
Australia	826	79.0
Greece	12	1.1
Papua New Guinea	25	2.4
United Kingdom	91	8.7
Other	24	2.3
Others	67	6.4

Country of Birth

Census	Count	Percent(%)
Buddhism	6	0.6
Christianity	708	70.7
Hinduism	7	0.7
Other Religious Groups	4	0.4
No Religion	273	27.3
Others	3	0.3

Religious Affiliation

Census	Count	Percent(%)
$300-$399	58	15.6
$400-$599	71	19.1
$600-$799	44	11.8
$800-$999	33	8.9
$1,500-$1,999	45	12.1
Others	121	32.5

Gross Household Income (Weekly)

Census	Count	Percent(%)
Not in the labour force	439	49.9
Employed, worked full-time	281	31.9
Employed, worked part-time	122	13.9
Employed, away from work	21	2.4
Unemployed, looking for work	17	1.9

Person Characteristics

Census	Count	Percent(%)
Technicians & trades workers	96	22.7
Clerical & administrative workers	55	13.0
Sales	39	9.2
Machinery operators & drivers	58	13.7
Labourers	70	16.6
Others	104	24.6

Occupation

Census	Count	Percent(%)
Pre-school	12	7.8
Infants/Primary	44	28.6
Secondary	53	34.4
Technical or Further Educational Institution	20	13.0
University or other Tertiary Institutions	18	11.7
Others	7	4.5

Type of Educational Institution Attending

Census	Count	Percent(%)
Separate house	762	79.0
Flat, unit or apartment	203	21.0
Semi-detached, row or terrace house, townhouse	0	0.0
Caravan, cabin, houseboat	0	0.0
Improvised home, tent, sleepers out	0	0.0
Others	0	0.0