Property value increases in Dandenong North have tracked close to the VIC average of 7.88% over the last 12 months.
Dandenong North,3175 has offered an average of 7.44% return per annum in house price rises to property investors over the last three years.
The most recent median price for Dandenong North is $650000, with sellers offering an average of -5.62% off the asking price.
At number 1234 in a list of fastest selling suburbs, Dandenong North is in the TOP 40% of suburbs in Australia with an average of days on market 60.95 for properties listed there.
Renters in Suburb are facing rents around $19500 per annum or $375 every week.
Investment property in Dandenong North has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.93%
The five-year average increase in median property values for Dandenong North,3175 has given property investors a potential capital gain of 47.61% across each of those five years.
Sellers are offering property buyers an average discount of -6.01% to buyers in Dandenong North at the moment, which is less than average for the rest of VIC.
In the last year 56 properties changed hands in Dandenong North, which puts it as the 150th most active market in VIC when comparing the number of sales per suburb.
With the median price for a house in Dandenong North being $470125 and the advertised rent reaching $335 the gross rental yield for property investors calculates out to be 3.71%