Dandenong, 3175 ranked 175th in VIC when comparing growth in median property values or capital gain over the last 12 months. Dandenong is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Dandenong comes in at number 229th in VIC.
Dandenong3175 is located in VIC which offers an average discount of -6.00% to property investors. Dandenong itself is showing figures that indicate -5.04% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Dandenong, 3175 is in the Greater Dandenong local government area.
Dandenong, 3175 ranked 204th in VIC when comparing growth in median property values or capital gain over the last 12 months. Dandenong is one of 2098 in our list for VIC
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Dandenong has increased when compared to the 5 year average annual rate.
The most recent median price for Dandenong is $317000, with sellers offering an average of -4.81% off the asking price.
A $285 per week rent on the median house gives suburb investors a gross yield of circa 4.68%, without taking into account capital value appreciation, which has been averaging out at 6.05%.