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Investment Property Dandenong North, VIC, 3175

Suburb Snapshot

Dandenong North is a suburb in the Greater Dandenong Region of Victoria. Dandenong North has a population of 22,458 people and 24.95% of its occupants live in rental accommodation. The median listing price for houses is $699,000 and this has changed 2.79% over the past year and changed 1.30% over 2 years.

The median rent in Dandenong North for houses is $525 per week and the median rental yield is 3.90%. Stock on the market for houses/townhouses has changed 9.21% compared to last year and the average time to sell a house/townhouse is 105 days.The median listing price for units is $500,000 and this has changed 4.16% over the past year. The average unit takes 128 days to sell and the median rent for a unit in Dandenong North is $450 per week, producing a rental yield of 4.68%.

Supply & Demand in Dandenong North, Greater Dandenong

0.73%

Current vacancy rate


62

Rental stock available


22,458

Population


24.95%

Rental population


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


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Statistical data for Dandenong North, Greater Dandenong

  House Townhouses Units
Median listing price $699,000 $680,000 $500,000
Median price change - last quarter 1.30% -0.73% 0.00%
Median price change - 1 year 2.79% NA 4.16%
Median price change - 2 years 1.30% 7.93% 4.16%
  House Townhouses Units
Median weekly rent $525 $600 $450
Median yield % 3.90% 4.58% 4.68%
Median rent change - 1 year 11.70% 20.00% 9.75%
  House Units
Previous month sales 21 2
Stock on market previous month 83 21
Stock variance vs. last year 9.21% 10.53%
Average days on market 105 128

Dandenong North investment property listings

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