Lot 307 Protea Street (Greenwood.Estate)

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Lot 307 Protea Street, Junction Village VIC 3977

$440,000

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$440k - $462k Transparent Transparent Listing Based on an openly advertised listing price.

Land 315 m²

Listed: 32 days ago

Updated: 4 hours ago

Overview

Located in the highly sought-after Junction Village, the Greenwood Estate – Stage 3 release offers a rare opportunity to secure a premium home site in a community renowned for its natural beauty and connectivity. This 315 square metre parcel of land is part of a limited selection of blocks designed to accommodate a variety of lifestyles, from first home buyers to growing families and investors seeking a promising development landscape.

What sets Greenwood Estate apart is its proximity to the Royal Botanic Gardens Cranbourne, enabling residents to enjoy daily access to stunning natural parklands and tranquil walking paths. The estate also benefits from convenient access to schools, retail amenities, essential services, and well-connected transport routes, making everyday living both practical and enjoyable.

The release of Stage 3, with titles expected in late 2026, promises future stability in a vibrant, family-friendly suburb that blends natural surroundings with community convenience. This land parcel provides a flexible foundation for building a home tailored to individual preferences and needs, making it a compelling choice for those prioritising lifestyle and growth potential.

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.