Investment Property Greater Dandenong, Victoria

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 $700,000 and this has changed 2.94% over the past year and changed 2.94% over 2 years.

The median rent in for houses is $390 per week and the median rental yield is 2.89%. Stock on the market for houses/townhouses has changed -35.21% compared to last year and the average time to sell a house/townhouse is NA days.The median listing price for units is $390,000 and this has changed 2.63% over the past year. The average unit takes NA days to sell and the median rent for a unit in Greater Dandenong is $320 per week, producing a rental yield of 4.26%.

Supply & Demand in Greater Dandenong

Current vacancy rate

Rental stock available

Population

Rental population

1.49%

Current vacancy rate

931

Rental stock available

152,051

Population

31.54%

Rental population

1.61%

Current vacancy rate

46,325

Rental stock available

5,926,624

Population

24.77%

Rental population

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Statistical data for Greater Dandenong

	House	Townhouses	Units
Median listing price	$700,000	$580,000	$390,000
Median price change - last quarter	0.00%	0.86%	2.63%
Median price change - 1 year	2.94%	5.45%	2.63%
Median price change -2 years	2.94%	5.45%	2.63%

	House	Townhouses	Units
Median weekly rent	$390	$420	$320
Median yield %	2.89%	3.76%	4.26%
Median rent change - 1 year	-2.50%	-1.18%	0.00%

	House	Units
Previous month sales	88	31
Stock on market previous month	714	299
Stock variance vs. last year	-35.21%	-26.35%
Average days on market	NA	NA

Greater Dandenong investment property listings

Showing 5 of 1,156 investment properties found in Greater Dandenong on realestateinvestar.com.au

6/60 Potter St, Dandenong

$300,000

Great Home to Start In

This 2 bedroom unit makes a perfect first home or investment opportunity. Located within walking distance to all amenities including Dandenong High School, local shops as well as Dandenong Plaza and Market, public transport services and recreational facilities you will feel as though everything is ...

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Unit

VIC 3175

8 Kirk St, Noble Park

$670,000

Light filled, contemporary home with city convenience

In the vibrant heart of Noble Park finds this contemporary three bedroom, two bathroom residence boasting reverse living arrangements providing a light filled and airy environment. While its modern design, quality finishes, private street facing aspect and own driveway are enhanced by low ...

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House

VIC 3174

6/7 Rhoden Ct, Dandenong North

$380,000

Cosy Rhoden Court

Enjoy the delights of this cosy unit (built in 1980, approx. 143m2) situated in a quiet court away from all commotions. In a vivid suburb that offers plenty of value for its residents. This unit offers two generous sized bedrooms with built-in-robes. Featuring a spacious well-equipped kitchen with ...

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Unit

VIC 3175

5/37 Picket St, Dandenong

$490,000

Delightful Dandenong Unit

This private looking unit/villa (built in 1980 approx. 109m2) block located in the heart of Dandenong Central, is fit for any growing family and/or long-term investor. Close to amenities such as fitness gyms, restaurants, Day Care Centre, schools, parks and public transports. As upon entering you ...

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Unit

VIC 3175

9/109-111 McFees Rd, Dandenong North

$600,000

Booming Townhouse

Bathed in abundant natural sunlight, this immaculate easy care 3-bedroom townhouse is brilliantly located for all that this booming suburb has to offer. Warm and welcoming, the home opens to a light-filled living and dining area plus contemporary kitchen with stainless steel oven. One of the ...

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