Property value increases in Dandenong North have tracked just higher than the VIC average of 8.27% over the last 12 months.
Over the longer term, Dandenong North has seen property prices show investors a 41.91% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Dandenong North is $555300, with sellers offering an average of -3.58% off the asking price.
Often selling an investment property can take time, and in Dandenong North the average time real estate has been on the market is 47.19 days.
Renters in Suburb are facing rents around $4200 per annum or $350 every week.
VIC has seen average median house prices change by 3.49% which means that Dandenong North, 3175 has done well for property investors by showing a capital gain of 13.52% over the last year
A 29.42% growth in median value for property investors in Dandenong North,3175 puts this suburb at number 273th in terms of best performing suburbs in VIC
Dandenong North3175 is located in VIC which offers an average discount of -5.13% to property investors. Dandenong North itself is showing figures that indicate -4.18% is the average achievable by property buyers investing in the suburb.
Residents and property investors in Dandenong North have been waiting around 63.91 days to sell a property.
With the median price for a house in Dandenong North being $388250 and the advertised rent reaching $295 the gross rental yield for property investors calculates out to be 3.95%