FOR SALE
Online Auction $280,000 - $305,000

4/20 Close Avenue
Dandenong VIC 3175

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Auction Time
Thu 12 Dec 6:00 pm
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
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Ground-Floor Gem in the Heart of Dandenong

Online Auction Thursday 12th December @ 6pm. For auction registration and link to view, contact Jason Yan 0422 363 452.
This beautifully presented ground-floor apartment combines comfort, convenience and investment potential in the heart of Dandenong. Set within a small group of just eight units, it boasts East and North-facing windows that flood the space with natural light.
The unusually spacious, carpeted living area creates a warm and inviting atmosphere, complete with a split-system air conditioner and wall heater for year-round comfort. The separate kitchen is both practical and stylish, featuring stainless steel appliances, including a gas cooktop, wall oven, and rangehood-perfect for everyday cooking.
2 generously sized bedrooms, both fitted with built-in robes, provide ample storage, while the central bathroom features a bath-and-shower combo, laundry facilities, and a separate toilet for added convenience. A private off-street parking space at the rear of the property further enhances its appeal.
Offering an attractive rental income potential of $1,825 per month, equating to a return of over 7% per annum, this property is an excellent choice for first-time investors or those managing a super fund.
The location adds immense value, with Dandenong High School, Dandenong Market, and Plaza all within an easy walking distance, as well as access to public transport and major arterials like Princes Highway, Eastlink, and Monash Freeway.
With its tasteful presentation and central location, this apartment is ideal for first-home buyers, downsizers, or investors seeking a low-maintenance property with strong returns.
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Property Details for 4/20 Close Ave, Dandenong

4/20 Close Ave, Dandenong is a 2 bedroom, 1 bathroom Apartment with 1 parking spaces. The place is currently for sale with Ray White Noble Park.

Building Type
Apartment

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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of total area. The population of Dandenong in 2011 was 24,919 people. By 2016 the population was 29,910 showing a population growth of 20.0% in the area during that time. The predominant age group in Dandenong is 20-29 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation. In 2011, 42.8% of the homes in Dandenong were owner-occupied compared with 39.7% in 2016.

Dandenong has 18,073 properties. Over the last 5 years, Houses in Dandenong have seen a 27.24% increase in median value, while Units have seen a 18.43% increase. As at 31 October 2024:

  • The median value for Houses in Dandenong is $777,901 while the median value for Units is $427,559.
  • Houses have a median rent of $530 while Units have a median rent of $450.
There are currently 113 properties listed for sale, and 34 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 790 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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Contact agent
Allison Grant
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Jason Yan
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Ray White Noble Park
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.