Town snapshot – Jan Juc

Town Profile: Jan Juc

The size of Jan Juc is approximately 6.2sqkm has many parks covering nearly 18 per cent of total area.

The population of Jan Juc in 2016 was 3,686 and by the 2021 Census the population was recorded at 4,151 showing a population growth of 13% in the area during that time.

During the mid-1960’s the coastal township of Jan Juc began to be developed as its rugged coastline and great surf and fishing spots attracted more people to the area.

By 1992 there were nearly 1,200 dwellings and an estimated population of 1,791 people with about one-third of these dwellings being holiday homes.

Effectively treeless prior to development, Jan Juc has certainly transformed itself from an area that was once dominated by holiday shacks and student accommodation dotted along unsealed roads with dodgy creek crossings.

And how things have changed, Jan Juc now dominates the Torquay property market with the median house price consistently above that of Torquay’s.

The main reason Juc has become so popular with home owners and investors is that it is remote from Torquay.

Relatively protected from development and population growth, Jan Juc is somewhat isolated from the pressures that Torquay faces in regard to traffic, development and commercial activity, for some Jan Juc residents, the thought of moving back across the bridge horrifies them.

The cult-like attraction to Jan Juc shows up in the numbers with one of the highest retention rates in the state.

The average length of home ownership in Jan Juc is 17 years: on par with Queenscliff, and nearly double that of Torquay. When you move to Juc, that’s generally where you stay.

CoreLogic data indicates that the predominant age group in Jan Juc is 40-49 years with households in Jan Juc being primarily couples with children and are likely to be repaying on average $2,167 per month on mortgage repayments, and in general, people in Jan Juc work in a professional occupation.

 

AGENT PERSPECTIVE:

“If you’re considering a move into Jan Juc’s vibrant real estate market, now is an exciting time to explore your options.

“The area boasts a variety of properties to suit all needs, from spacious plots perfect for custom builds to low-maintenance townhouses and luxurious coastal retreats.

“Current listings range from a cosy two-bedroom unit priced at $785,000 to expansive acreage properties with multiple homes, some reaching prices as high as $6.5 million.

“Data from realestate.com.au highlights that the median house price in Jan Juc is $1,275,000, reflecting a slight dip of 2 per cent over the past year based on 35 sales. Despite the decrease, buyer interest has surged by 17 per cent, signalling strong competition among prospective homeowners.

“The market has been unpredictable, with some properties achieving exceptional results while others have generated less buyer interest than expected, overall, the market appears to have stabilised since August.

“Recent standout sales include 21 Carnarvon Avenue, which sold at auction for an impressive $3,301,000, and 67 Torquay Boulevarde, fetching $2,025,000; $200,000 above the asking price.

“The rental market remains notably tight, with just one property available for rent as of early November.

“This presents a golden opportunity for anyone thinking of investing in Jan Juc or listing their property for rent.”

Shaun O’Callaghan – Natural Real Estate

TIDBIT:

The first Annual General Meeting of the Jan Juc Surf Lifesaving Club was held on August 24, 1963 and the first official patrol roster was organised on May 1, 1964.

Population: 4,151

Male: 50.3%

Female: 49.7%

Median age: 40

5 year population change: 13%

House median sales price: $1,270,000

Change in median price: (5yrs) 33%

Median asking rent per week: $680

Average length of ownership: 17 years

Owner occupiers: 77%

Renters: 23%

House median value:

August 2024: $1,295,000

August 2023: $1,330,100

August 2022: $1,431,000

August 2021: $1,496,500

August 2020: $985,300

House sales per annum:

Period ending August 2024: 37

Period ending August 2023: 40

Land median sale price:

August 2024: $875,000

August 2023: $830,000

Land sales per annum:

Period ending August 2024: 1

Period ending August 2023: 1