Investment property in Dandenong North has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -2.24%
Over the longer term, Dandenong North has seen property prices show investors a 8.93% return over the last 3 years. This is worse than over the last 12 months
Dandenong North3175 is located in VIC which offers an average discount of -6.51% to property investors. Dandenong North itself is showing figures that indicate -8.47% is the average achievable by property buyers investing in the suburb.
Property investors who have had real estate in Dandenong North, 3175 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -1.55%
The five-year average increase in median property values for Dandenong North,3175 has given property investors a potential capital gain of 36.92% across each of those five years.
At number 3rd of VIC’s most discounted properties, Dandenong North is in the bottom 10% of the state/territory when listing in order of most discounted to least.
Situated 27.28km from the CBD, Dandenong North is one of Greater Dandenong (C) localities in the postcode 3175.