Suburb Profile Report for Junction Village VIC (3977)

Junction Village House: Median price $490,000, Annual capital growth 7.26%, Number of sales 17, Weekly median advertised rent N/A

House
Unit

Source: CoreLogic RP Data

Median price
Number of sales

Source: Monthly data update for Oct 2019 as supplied by CoreLogic. Data is reported to the period ending Jul 2019. Please note that property sales data is routinely updated, so may change retrospectively.

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House Report

If you compare the increase in value of investment property in Junction Village, 3977 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this VIC suburb was -1.01%.

The five-year average increase in median property values for Junction Village,3977 has given property investors a potential capital gain of 50.77% across each of those five years.

The VIC suburb of Junction Village, 3977 is in the Casey (C) local government area.

Metrics	HOUSE	UNIT
Median price	$490,000	N/A
Quarterly growth	-2.00%	N/A
12-month growth	-1.01%	N/A
Average Annual Growth	7.26%	N/A
Weekly median advertised rent	N/A	N/A
Number of sales	17	N/A
Gross rental yield	N/A	N/A
Days on market	51.8	N/A

Your estimated repayment
$1,895.82/monthDo you qualify?

Based on the median price for this suburb and an 80% LVR loan over 25 yrs with 3.18% interest rate.

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