Dandenong North, 3175 ranked 266th in VIC when comparing growth in median property values or capital gain over the last 12 months. Dandenong North is one of 2098 in our list for VIC
The five-year average increase in median property values for Dandenong North,3175 has given property investors a potential capital gain of 62.43% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Dandenong North is offering property investors an average of -5.26. This rate of discount on properties puts Suburb at number 480th in terms of most discounted suburbs in VIC
Property value increases in Dandenong North have tracked close to the VIC average of 5.66% over the last 12 months.
Taking the average capital gain, or increase in median house value, Dandenong North,3175 has racked up an average of 3.54% over the period. This ranks it number 393th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Dandenong North are currently offering property investors an average price cut of -2.95% below the asking price at the moment.
In the last year 51 properties changed hands in Dandenong North, which puts it as the 174th most active market in VIC when comparing the number of sales per suburb.
Dandenong North, 3175’s gross rental yield is 3.95%