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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 2 of 2 investment properties found in Greater Dandenong on realestateinvestar.com.au

7/58-59 Douglas St, Noble Park

$110,000

property pic

Investment Opportunity Opposite Noble Park Station | Student Acc

Positioned moments to Noble Park Train Station, this furnished student accommodation apartment offers a low-maintenance investment in a highly convenient location. Designed specifically for student living, the apartment features a functional open-plan bed/study space complemented by a private ...

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Unit

VIC 3174


75 Lewis St, Springvale

$0

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The Brief: Dual-income opportunity on a generous block

Its Addressed: Presenting an outstanding opportunity for owner-occupiers and investors alike, this dual-dwelling property sits in the heart of Springvale with easy access to Springvale Road shops, restaurants and the vibrant Springvale Market. The home is zoned for Westall Secondary College and ...

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House

VIC 3171


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