Giving property investors a a stable capital gain of 13.88% for the last year, Dandenong North, 3175 is the 851th highest performer in Australia in this respect.
Over the longer term, Dandenong North has seen property prices show investors a 44.33% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Dandenong North is $580786, with sellers offering an average of -2.03% off the asking price.
Advertised rents are around the $355 mark per week – giving a return of 3.18% based on the median price in Suburb
At number 209th in the list of Australian suburbs ordered by increase in median house value over the last year, Dandenong North, 3175 is in the top 20% with a property value increase of 16.94% recorded in median house prices.
When looking at the potential capital gains offered to property investors over the last 3 years, Dandenong North comes in at number 24th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.95% offered to property buyers. Sellers in Dandenong North itself are offering an average vendor discount of -3.65% to real estate investors.
Dandenong North is 260th on a list of best yielding suburbs for rents in VIC with a 3.64% return