VIC has seen average median house prices change by 8.96% which means that Mount Dandenong, 3767 has done well for property investors by showing a capital gain of 11.94% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Mount Dandenong comes in at number 117th in VIC.
At number 613th of VIC’s most discounted properties, Mount Dandenong is in the TOP 10% of the state/territory when listing in order of most discounted to least.
Often selling an investment property can take time, and in Mount Dandenong the average time real estate has been on the market is 43.53 days.
Property investors should expect to get $470 weekly from the median priced house in this suburb.
Mount Dandenong is both a mountain and a small township situated approx 35km from the c.b.d. The mountain upon which the suburb is located was originally known as CORHANWARRABUL and is 633 metres tall (2,077ft approx) Light to moderate snowfalls occur on the mountain most years.Full summary
Information supplied by:
Harcourts Essential Real Estate
Mount Dandenong is both a mountain and a small township situated approx 35km from the c.b.d. The mountain upon which the suburb is located was originally known as CORHANWARRABUL and is 633 metres tall (2,077ft approx) Light to moderate snowfalls occur on the mountain most years.
Excellent lifestyle , numerous parks and attractions, Sherbrooke state forest, relaxed family living amidst an array of colour from the numerous plants and flowers throughout the town. Private tranquil homes are scattered throughout.
Most sought-after properties:
Modest to grand homes ranging from the early 1900s to the late 1980s on acreage from ½ to substantial holdings of 10 plus acres.
Most common properties:
Mixture of small “miners cottages” with larger character timber homes.
Parks, gardens gymnasium, cafes and retailshops, art galleries, tea rooms, antique and bric a brac shops, golf course and forest walks
Local industry and business:
Primarily tourist and retail businesses, schools and shops.
Best streets: Ridge rd, mt Dandenong tourist rd, Prion rd
Public transport: buses
Main arteries: Maroondah highway, eastlink