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Protea Street, Junction Village VIC 3977

Listed: 4th Aug 2026
Updated: 18th Aug 2026
Overview

Greenwood Estate – Stage 3 Release presents an exciting opportunity for those seeking a premium home site in the welcoming community of Junction Village. Situated conveniently near the renowned Royal Botanic Gardens Cranbourne, this land release provides a valuable balance of lifestyle and accessibility.

The available land parcels start at a comfortable 270 square metres, exemplified here by Lot 327 with its 280 square metre size. This diverse range of block sizes caters to different aspirations, whether it be creating an intimate family home or maximizing investment potential. The neighbourhood's natural surroundings and green spaces enhance the appeal, inviting residents to enjoy outdoor family time or serene walks in nearby parklands.

Access to essential amenities such as schools, shopping, and public transport is another strong point of this release, offering convenience without sacrificing the tranquility of suburban living. The area's connectivity through major roads ensures a hassle-free commute for professionals and families alike.

With titles expected to be issued in late 2026, prospective buyers have the chance to secure a foothold in a vibrant, family-friendly community destined for sustainable growth. This release is well suited to first home buyers keen to embrace community living, growing families who appreciate proximity to nature and services, and investors eyeing steady long-term value appreciation.

  • Prime location adjacent to Royal Botanic Gardens Cranbourne
  • Varied block sizes to suit multiple lifestyle needs
  • Access to schools, shops, and transportation links
  • Title availability projected for late 2026

Greenwood Estate combines a natural setting with modern conveniences, offering buyers a canvas to build a lifestyle aligned with comfort and community values.

Local Market Insights

In Junction Village, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 10 during the previous 30-day period, with an average advertised asking price of $1,830,667. The property type mix of listed properties is predominantly Houses at 83%, followed by townhouses (6%), and units (5%). The most active agency for land in the Junction Village area is currently Jacobs and Lowe Real Estate, representing 17% of new listings, followed by Your Property Agent with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Location
Market Insights for Junction Village VIC 3977
New Listings (last 30 days)
6
Average price
$1,830,667
Lowest price
$495,000
Highest price
$3,600,000
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