REDBANK PLAINS 
1 MIN READSummer Off To A Sizzling Start For Auctions
Last week’s all-time auction activity record may stick around, but it’s still set to be a massive weekend for auctio...
Read More
DandenongDandenong - SUBURB PROFILE REPORT
SHARE 
Property investors have seen a 3.41% gain in DANDENONG based on an increase in median home prices for the past three months.
Based on its average 5-year and quarterly capital gains DANDENONG, 3175 saw average growth in the long term.
The VIC suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $675,000
Profits averaged 3.02% per annum over a 3-year period, due to an upward trend in home prices in DANDENONG, 3175.
This means, real estate investors could earn a rental income of $362.5 based on current median home prices for the suburb.
The gross rental yield in DANDENONG, 3175 is 2.79%.
An average of 14.25 real estate transactions take place per month in DANDENONG which translates to 171 per annum.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $675,000 | $420,000 |
| GROWTH REPORT | ||
| Median Quarterly | 3.41% | 2.44% |
| Median 12 month | 8% | 9.2% |
| Median 3 years | 9.05% | 16.02% |
| Median 5 years | 35% | 29.23% |
| 10 years average annual | 5.47% | 3.94% |
| Weekly media advert. rent | $362.5 | $320 |
| Time on Market | 64.2 days | 64.4 days |
| Gross Rental Yield Percent | 2.79% | 3.96% |
Get notifications in real-time for staying up to date with content that matters to you.
Copyright © 2021 Smart Property Investment
