Suburb by suburb snapshot – Junortoun

The size of Junortoun is approximately 27.8 square kilometres with the population recorded at 2378 people in 2011 and by the 2016 Census the population was 3190 showing growth of 34.1 per cent in the area during that time.

Junortoun is a rural residential locality on the McIvor Highway, about eight kilometres east of Bendigo.

The locality was originally named Homebush, after the Homebush Hotel (nearly opposite the site of the Farmers Arms Hotel at Junortoun) and after the Homebush Estate, a large holding owned by the Lazarus family.

The wife of Samuel Lazarus was Mary Junor, and her surname probably inspired the place name.

Homebush Primary School was opened in 1875, and it continued until 1958 apart from two short closures during the 1930s and 1940s.

In 1954 the Bendigo District Trotting Club opened its trotting track, known as Lord’s Raceway, at Junortoun and about 20 years later rural residential subdivisions began there.

Although there was no local state school, a Catholic secondary college had been established in the 1950s.

Junortoun has a general store, a post office, a hotel, the Homebush Hall, various trades and businesses along the McIvor Highway and a caravan park.

CoreLogic data indicates that the predominant age group in Junortoun is 10-19 years with households being primarily couples with children and are likely to be repaying $1800 – $2399 per month on mortgages. In general, people in Junortoun work in a professional occupation.

In 2011, 89.4 per cent of the homes in Junortoun were owner-occupied compared with 89.6 per cent in 2016.

Currently the median sales price of houses in the area is $710,000.

 

 

TIDBIT:

In 2009 the Farmers Arm Hotel (1896) was destroyed by fire.

 

Population: 3201

Male: 50.5%

Female: 49.5%

Median age: 41

5-year population change: 34.1%

House median value: $904,000

Change in Median Price: (5yrs) is 64.9%

Median asking rent per week: $485

Average length of ownership: 9 years

Owner occupiers:96%

Renters: 4%

 

House median sale price:

May 2021: $710,000

May 2020: $530,000

May 2019: $528,000

May 2018: $510,000

May 2017: $515,000

 

House sales per annum:

Period ending May 2021: 59

Period ending May 2020: 39

 

Land median sale price:

May 2021: $173,750

May 2020: $165,000

 

Land sales per annum:

Period ending May 2021: 36

Period ending May 2020: 31