	{"id":42928,"date":"2021-07-15T10:51:33","date_gmt":"2021-07-15T00:51:33","guid":{"rendered":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/news\/town-by-town-snapshot-jan-juc-4\/"},"modified":"2021-07-15T10:51:33","modified_gmt":"2021-07-15T00:51:33","slug":"town-by-town-snapshot-jan-juc-4","status":"publish","type":"post","link":"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/town-by-town-snapshot-jan-juc-4\/","title":{"rendered":"Town by Town Snapshot: Jan Juc"},"content":{"rendered":"<p><strong>The size of Jan Juc is approximately 6.2 square kilometres and has 4 parks covering nearly 2.1% of total area.<\/strong><\/p>\n<p>The population of Jan Juc in 2011 was 3,521 people and by the 2016 Census the population was 3,686 showing a population growth of 4.7% in the area during that time.<\/p>\n<p>During the mid-1960\u2019s 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.<\/p>\n<p>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.<\/p>\n<p>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.<\/p>\n<figure id=\"attachment_55350\" aria-describedby=\"caption-attachment-55350\" style=\"width: 300px\" class=\"wp-caption alignleft\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-55350 size-medium\" src=\"https:\/\/timesnewsgroup.com.au\/surfcoasttimes\/wp-content\/uploads\/sites\/2\/2021\/07\/26CantalaDriveJa_88310-1-300x180.jpg?_t=1626310551\" alt=\"\" width=\"300\" height=\"180\" \/><figcaption id=\"caption-attachment-55350\" class=\"wp-caption-text\">This three-bedroom Jan Juc home originally built in the 1970s sold recently for $1.35 million.<\/figcaption><\/figure>\n<p>Once considered Torquay\u2019s poorer sister, Jan Juc now dominates the Torquay property market with the median house price consistently above that of Torquay\u2019s, and currently, Jan Juc\u2019s median house value exceeds Torquay\u2019s by nearly $160,000.<\/p>\n<p>The main reason Juc has become so popular with home owners and investors is that it is just not Torquay.<\/p>\n<p>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.<\/p>\n<p>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 $1,800 \u2013 $2,399 per month on mortgage repayments, and in general, people in Jan Juc work in a professional occupation.<\/p>\n<p>In 2011, 73.1% of the homes in Jan Juc were owner-occupied compared with 74.2% in 2016.<\/p>\n<p>&nbsp;<\/p>\n<p><strong>AGENT PERSPECTIVE:<\/strong><\/p>\n<p>\u201cJan Juc is one of the newcomers to Australia\u2019s million-dollar property club from regional Victoria.<\/p>\n<p>\u201cThis is thanks to a red-hot market that\u2019s seen the median value for houses and units in the 3228 postcode soar.<\/p>\n<p>\u201cWith record low interest rates and low stock fueling demand, competition to buy a slice of \u201cJuc\u201d paradise has been fierce.<\/p>\n<p>\u201cWe\u2019re seeing multiple buyers competing over available properties, whilst happily watching the sold price exceeding vendors expectations in many cases.<\/p>\n<p>\u201cThe level of interest in the area is no surprise, who wouldn\u2019t want to live in a friendly community with stunning beaches, nature reserves, golf courses and the Great Ocean Road right on your doorstep.\u201d<\/p>\n<p><strong>Shaun O\u2019Callaghan \u2013 Director, One Agency Surf Coast<\/strong><\/p>\n<p>&nbsp;<\/p>\n<p><strong>TIDBIT:<\/strong><\/p>\n<p>The village of Bellbrae was first known as Jan Juc, which is taken from the aboriginal word \u201cjan jook\u201d for iron bark and the trees that covered the area.<\/p>\n<p>&nbsp;<\/p>\n<p>Population: 3,686<\/p>\n<p>Male: 49.8%<\/p>\n<p>Female: 50.2%<\/p>\n<p>Median age: 37<\/p>\n<p>5 year population change: 4.7%<\/p>\n<p>House median value: $1,320,000<\/p>\n<p>Change in Median Price: (5yrs) is 78%<\/p>\n<p>Median asking rent per week: $520<\/p>\n<p>Average length of ownership: 15 years<\/p>\n<p>Owner occupiers: 77%<\/p>\n<p>Renters: 23%<\/p>\n<p>&nbsp;<\/p>\n<p><strong>House median sale price:<\/strong><\/p>\n<p>March 2021: $1,145,000<\/p>\n<p>March 2020: $870,500<\/p>\n<p>March 2019: $875,000<\/p>\n<p>March 2018: $850,000<\/p>\n<p>March 2017: $775,000<\/p>\n<p>&nbsp;<\/p>\n<p><strong>House sales per annum:<\/strong><\/p>\n<p>Period ending March 2021: 69<\/p>\n<p>Period ending March 2020: 45<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Land median sale price:<\/strong><\/p>\n<p>March 2021: N\/A<\/p>\n<p>March 2020: N\/A<\/p>\n<p>&nbsp;<\/p>\n<p><strong>Land sales per annum:<\/strong><\/p>\n<p>Period ending March 2021: 4<\/p>\n<p>Period ending March 2020: 1<\/p>\n<p>&nbsp;<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The size of Jan Juc is approximately 6.2 square kilometres and has 4 parks covering nearly 2.1% of total area. The population of Jan Juc in 2011 was 3,521 people and by the 2016 Census the population was 3,686 showing a population growth of 4.7% in the area during that time. During the mid-1960\u2019s the [&#8230;]<\/p>\n<p><a class=\"btn btn-secondary understrap-read-more-link\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/town-by-town-snapshot-jan-juc-4\/\">Read More&#8230;<\/a><\/p>\n","protected":false},"author":153,"featured_media":42929,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"inline_featured_image":false,"footnotes":""},"categories":[19],"tags":[],"post_folder":[],"class_list":["post-42928","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.7 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Town by Town Snapshot: Jan Juc - Bellarine Times<\/title>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/timesnewsgroup.com.au\/bellarinetimes\/real-estate\/town-by-town-snapshot-jan-juc-4\/\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Town by Town Snapshot: Jan Juc - Bellarine Times\" \/>\n<meta property=\"og:description\" content=\"The size of Jan Juc is approximately 6.2 square kilometres and has 4 parks covering nearly 2.1% of total area. 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