345-347 Mcivor RoadJunortoun VIC 3551
Property Details for 345-347 Mcivor Rd, Junortoun
Last Listing description (May 2023)
An exciting opportunity is presented to purchase 2.41 hectares of prime low density residentially zoned land in the very popular suburb of Junortoun. Adjacent to Bendigo Domain Country Village the property is a short distance to a range of amenities, has access to the McIvor Highway via a service lane and is primed for residential development
- Approximately 2.41 hectares (5.95 acres) of Low Density Residential Zoned Land
- Service lane access with 63m* street frontage to McIvor Road
- Residential development opportunity (subject to council approval)
- Neatly presented home currently tenanted
- Direct access at rear to O'Keefe rail trail
- 5km to Bendigo CBD and less than 4km to Kennington Village
Located in the highly sought after Junortoun location, this large parcel of low density residential land is found within a mix of established residential homes and similar larger semi-rural allotments and provides a number of possibilities for the astute investor or developer.
The 5.95 acre site has approx 63m frontage and extends through to provide direct access to the O'Keefe rail trail at the rear. The site is sparsely treed land, has all services available and has the potential to yield approx 9 X 2,000m2 residential lots (STCA and estimates only).
The residential accommodation includes a neatly presented 3 bedroom weatherboard home, good size lounge, kitchen, sunroom and porch. The property also has substantial shedding including a large garage as well as 4 storage sheds, ranging in size from 120m2 up to 600m2 approximately.
The property has excellent access to the McIvor Highway, less than 10 minutes to the Bendigo CBD and is well located to a range of amenities and is a significant and strategic opportunity to secure a site with development potential (STCA) in a highly sought after and convenient location.
Property History for 345-347 Mcivor Rd, Junortoun, VIC 3551
- 16 Mar 2023Listed for Sale $1,500,000
- 16 Nov 2022Sold for $1,200,000
- 21 Jun 2013Sold for $260,000
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About Junortoun 3551
The size of Junortoun is approximately 27.8 square kilometres. It has 9 parks covering nearly 10.8% of total area. The population of Junortoun in 2016 was 3201 people. By 2021 the population was 3862 showing a population growth of 20.6% in the area during that time. The predominant age group in Junortoun is 10-19 years. Households in Junortoun are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Junortoun work in a professional occupation.In 2021, 86.70% of the homes in Junortoun were owner-occupied compared with 89.60% in 2016.
Junortoun has 1,822 properties. Over the last 5 years, Houses in Junortoun have seen a 32.91% increase in median value, while Units have seen a 61.60% increase. As at 31 December 2025:
- The median value for Houses in Junortoun is $966,383 while the median value for Units is $531,439.
- Houses have a median rent of $630.
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