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Protea Street, Junction Village VIC 3977

Listed: 20th Aug 2026
Updated: 2 days ago
Overview

Greenwood Estate – Stage 3 presents a unique opportunity to secure a premium home site within the highly regarded community of Junction Village, nestled near the celebrated Royal Botanic Gardens Cranbourne. Offering a selection of carefully sized blocks ranging from 270 to 728 square metres, this land release provides a diverse array of options suitable for a wide audience, including first home buyers, growing families, and investors seeking long-term growth potential.

The estate's proximity to abundant green spaces, such as local parklands and the botanic gardens, ensures a lifestyle intertwined with nature, setting a tranquil and refreshing environment which also encourages outdoor pursuits and community connection. Its strategic location offers seamless access to essential amenities including schools, shopping centres, and key transport routes, enhancing daily convenience and connectivity for residents.

Stage 3 titles are anticipated to be issued by late 2026, enabling buyers to plan and invest with clarity for their future home or development. This release embodies a blend of community-focused living balanced with the flexibility derived from varied land sizes and layouts, providing an ideal foundation for tailored residential projects in a family-friendly neighborhood.

This land offering is most attractive to those seeking a foothold in an emerging residential hub that promises growth alongside maintained natural surroundings and community infrastructure, poised to foster a balanced lifestyle.

Local Market Insights

In Junction Village, Quiet Listings observed 6 new parcels of land entering the market over the last 30 days, down from 11 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 (7%), and units (4%). The most active agency for land in the Junction Village area is currently OBrien Real Estate, representing 17% of new listings, followed by Stonebridge Property Group 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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