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Junction Village suburb profile

Junction Village is a small, semi-rural pocket on Melbourne's south-eastern fringe, tucked beside Cranbourne. The suburb keeps a village feel with tree-lined streets, generous block sizes and a mix of older single-storey homes and some newer houses, giving it a low-density, country-on-the-edge character. Residents tend to be families and people who want quieter living while retaining quick access to Cranbourne's shops, schools and the Cranbourne train line. Local life centres on a modest village strip and community facilities, and the area is edged by paddocks and open green space that underline its rural atmosphere.

Junction Village property market performance

Junction Village has relatively few unit sales, so there isn't enough recent data to publish a reliable median unit price. The median house price is $782,500, with house values rising sharply, up 13.1% over the last 12 months.

Over the last 3 months, 10 houses and 2 units sold. Houses sold in a median of 18 days over the last 12 months.

The rental market in Junction Village shows house rents averaging $650 a week, up a modest 4.8% over the last 12 months.

HousesUnits
Median price
Past 3 months
$783KN/A
Change in value
Past 12 months
13.1%N/A
Sold
Past 3 months
102
Median days on market
Past 12 months
18N/A
Average rent
Past 12 months
$650N/A
Change in rent
Past 12 months
4.8%N/A

5 year median price trend for houses and units

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Junction Village demographics

Junction Village is a community of 1,051 people with a median age of 54. The median total household income is $1,080 a week, about $56,160 a year.

Families are largely couples: couple families without children are the largest group at 47.0%, while couple families with children make up 32.9%. One-parent families account for 17.3% and other families 2.8%, so couples with and without children together represent about four in five families.

In Junction Village, most homes are owner-occupied — roughly 84% combined, with 44.6% owned outright and 39.3% owned with a mortgage — and 16.1% of dwellings are rented.

Suburbs near Junction Village

Some popular suburbs near Junction Village include:

  • Cranbourne East: Established residential area with parks, walking trails and local shops.
  • Cranbourne: Regional centre with established services and expansive recreational reserves.
  • Clyde: Leafy semi-rural suburb characterised by lifestyle blocks and open paddocks.
  • Clyde North: Newer growth area with expanding residential estates and emerging community parks.
  • Devon Meadows: Quiet village-feel suburb with wetlands and rural-residential character.

How does Junction Village compare to nearby suburbs?

  • Median house prices: Junction Village’s median house price is 8.7% higher than Cranbourne East’s.
  • House price growth: Over the past 12 months, house prices in Junction Village have grown 7.4% higher than in Cranbourne East.
  • Selling speed for houses: Properties in Junction Village are selling 25.0% faster than in Cranbourne East.
  • House price growth: Over the past 12 months, house prices in Junction Village have grown 26.1% lower than the average rate of growth across Melbourne.
  • Unit price growth:Over the past 12 months, unit prices in Junction Village have grown 28.5% lower than the average rate of growth for units across Melbourne.

Choose the right real estate agents in Junction Village

There are 41 real estate agents in Junction Village, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 30.5% of all sales in the past year.

Commission rates in Junction Village typically range from 2.13% to 2.71%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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