Located just off Frankston-Dandenong Road this large land parcel is on the edge of Dandenong's Industrial precinct and only minutes from the EastLink. With prominent future growth, this property would be ideal for land banking purposes.
Key Features:
The size of Bangholme is approximately 23.6 square kilometres. It has 4 parks covering nearly 6% of total area. The population of Bangholme in 2011 was 797 people. By 2016 the population was 786 showing a population decline of 1.4% in the area during that time. The predominant age group in Bangholme is 70-79 years. Households in Bangholme are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Bangholme work in a clerical occupation. In 2011, 81.5% of the homes in Bangholme were owner-occupied compared with 84.2% in 2016..
Bangholme has 192 properties. Over the last 5 years, Houses in Bangholme have seen a 29.08% increase in median value, while Units have seen a 198.40% increase. As at 31 October 2024:
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