VIC has seen average median house prices change by 7.68% which means that Dandenong North, 3175 has done well for property investors by showing a capital gain of 15.67% over the last year
If we look at median property appreciation over just the last three months, Dandenong North has given property investors a paper return of 5.26%. This puts Suburb as 114 on a list of fastest fasting appreciating suburbs in VIC
At number 541th of VIC’s most discounted properties, Dandenong North is in the TOP 20% of the state/territory when listing in order of most discounted to least.
On average over the past year, suburb has had 21.58 sales per month, which equates to 259 per year.
Dandenong North has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 21.75% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dandenong North has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Dandenong North is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 210th in terms of most discounted suburbs in VIC
Often selling an investment property can take time, and in Dandenong North the average time real estate has been on the market is 67.35 days.
Dandenong North is 216th on a list of best yielding suburbs for rents in VIC with a 4.00% return