Giving property investors a a solid capital gain of 17.00% for the last year, Dandenong, 3175 is the 677th highest performer in Australia in this respect.
Over the longer term, Dandenong has seen property prices show investors a 42.62% return over the last 3 years. This is worse than over the last 12 months
Dandenong, 3175 is offering VIC ‘s 216th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
On average over the past year, suburb has had 20.08 sales per month, which equates to 241 per year.
With the median price for a house in Dandenong being $585000 and the advertised rent reaching $345 the gross rental yield for property investors calculates out to be 3.07%
Dandenong, 3175 ranked 245th 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
Taking the average capital gain, or increase in median house value, Dandenong,3175 has racked up an average of 1.54% over the period. This ranks it number 1088th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Dandenong are currently offering property investors an average price cut of -4.52% below the asking price at the moment.
On average over the past year, suburb has had 33.75 sales per month, which equates to 405 per year.
Property investors should expect to get $295 weekly from the median priced house in this suburb.