1656 South Gippsland Highway, Junction Village VIC 3977
1656 South Gippsland Highway, Junction Village VIC 3977
4 bed house on 345sqm | corner parcel with 4 car spaces | no overlays | solar panels installed | 5G and NBN ready
This house on South Gippsland Highway offers a rare configuration for Junction Village: a four-bedroom, two-bathroom home with four dedicated car spaces on a compact 345sqm block. The lack of bushfire, flood, or heritage overlays removes the most common friction points for buyers in this corridor, while solar panels and fibre-to-the-curb NBN reduce holding costs and improve tenantability. The property suits an investor seeking stable rental demand from families priced out of Cranbourne proper, or a buyer wanting a low-maintenance home near Casey Fields Primary.
The main risk is the small land component for a house of this size, which limits future subdivision or extension options without council variance. The 54m ground elevation and 5m roof height are unremarkable, and the adjacent 2566sqm lot at 1656A may eventually pressure this property’s privacy or access. On the opportunity side, the rental mid-range of $670 per week against a $1.16M value gives a gross yield around 3%, acceptable for the area if vacancy stays low. Hold for steady rental income, not capital gain speculation.
Detailed Independent Property Report prepared by PropCred Analyst team for 1656 South Gippsland Highway, Junction Village VIC 3977
Checks found:
Value Risk
2
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
1
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Market Insight
Junction Village offers a tranquil, green lifestyle near Cranbourne, appealing strongly to families and nature lovers seeking parks and recreation. Demand is anchored by its proximity to the Royal Botanic Gardens and local reserves, providing a peaceful setting with convenient access to amenities. Recent price trends show varied performance, with the market demonstrating solid rental demand. Future growth is supported by its environmental appeal, though its relative distance from the CBD and reliance on neighbouring services present inherent constraints.
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PropCred Estimated Value
Bedrooms
-
Bathroom
2
Parking
-
Land
345m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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