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Investment Property Greater Dandenong, VIC

Region Snapshot

Greater Dandenong is a region in Victoria, Australia. Greater Dandenong has a population of 152,051 people and 31.54% of its occupants live in rental accommodation. The median listing price for houses is $760,000 and this has changed 1.33% over the past year and changed 1.46% over 2 years.

The median rent in for houses is $550 per week and the median rental yield is 3.76%. Stock on the market for houses/townhouses has changed -10.08% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $430,000 and this has changed -2.28% over the past year. The average unit takes NA days to sell and the median rent for a unit in Greater Dandenong is $430 per week, producing a rental yield of 5.20%.

Supply & Demand in Greater Dandenong

0.81%

Current vacancy rate


525

Rental stock available


152,051

Population


31.54%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Greater Dandenong

  House Townhouses Units
Median listing price $760,000 $630,000 $430,000
Median price change - last quarter 0.00% 0.00% -1.40%
Median price change - 1 year 1.33% 1.61% -2.28%
Median price change - 2 years 1.46% 1.61% 0.00%
  House Townhouses Units
Median weekly rent $550 $580 $430
Median yield % 3.76% 4.78% 5.20%
Median rent change - 1 year 10.00% 7.40% 13.15%
  House Units
Previous month sales 91 33
Stock on market previous month 571 244
Stock variance vs. last year -10.08% -22.04%
Average days on market NA NA

Greater Dandenong investment property listings

Showing 1 of 1 investment properties found in Greater Dandenong on realestateinvestar.com.au

280 Corrigan Rd, NOBLE PARK

$570,000

property pic

Medical Clinic or a Family Home

This home has 3 bedrooms (2 with A/C) that could be used as Consulting rooms and a spacious lounge/waiting room (with A/C). There's a kitchen/meals area and plenty of parking in the fully concreted backyard. Location is the key and if you're wanting to run a business and have plenty of exposure, ...

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VIC 3174


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