If you compare the increase in value of investment property in Dandenong, 3175 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this VIC suburb was -5.65%.
Over the longer term, Dandenong has seen property prices show investors a 17.00% return over the last 3 years. This is worse than over the last 12 months
At number 63th of VIC’s most discounted properties, Dandenong is in the bottom 20% of the state/territory when listing in order of most discounted to least.
The VIC suburb of Dandenong, 3175 is in the Greater Dandenong (C) local government area.
Investment property in Dandenong has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 0.14%
Dandenong,3175 has offered an average of 0.14% return per annum in house price rises to property investors over the last three years.
Property buyers and investors in Dandenong 3175 should be seeing an average reduction in asking price of around -9.82% . This means that Dandenong is holding prices well when compared to other suburbs in VIC.
Dandenong, 3175’s gross rental yield is 4.72%