OFF MARKET

295 Mt Dandenong Road
Croydon VIC 3136

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 123m2
Land area: 1405m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 30 Sep 2024
Low

High
Save

Property Details for 295 Mt Dandenong Rd, Croydon

295 Mt Dandenong Rd, Croydon is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 1405m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Year Built
1940
Floor Size
123m2
Land Size
1405m2
Local Government
Maroondah
Lot/Plan
48/LP15558

Last Listing description (November 2022)

SOLD BY JAMES BROUGHAM. PH: 0412 620 498.

Central large-scale development opportunity
Lucrative opportunity for builders / developers

Approved Planning Permit for 4 storey residential development

Set in the heart of Croydon Central, this 1405m2 (approx.) block comes with plans and permits to build 32 contemporary apartments, affording future buyers an urban lifestyle with instant connection to cafes, restaurants, cinemas, boutique shops, parks, swimming pools, railway station for CBD commuters and so much more.

Designed by award winning Kavellaris Urban Design, these well-conceived, efficient floor plates, yields a mix of 1 bed (average size 52sqm), 2 bed (average size 68sqm), and 2 bed / 2 bath (average size 79sqm) apartments.

Versatile open floor plans achieving:
overall Better Apartment Design compliance, ensuring high internal amenity incomparable to existing apartments in the area,
71% BESS (sustainability) score determined to be 'Best Practice',
DDA compliance across 25 apartments.
amenable to LHA Silver level.

Off the plan opportunities are selling well with extra incentives being offered to buyers. Upon completion, each home will showcase a modern open-plan layout, affording appreciable versatility with different sizes to suit the individual needs of potential buyers.

This allotment is conveniently located adjacent to the local bus stop, short walk to Arndale Civic Shopping Centre, Croydon Park with playground and barbeque area, Croydon Railway Station, Croydon Memorial Pool, Ruskin Park Primary School, Swinburne TAFE, as well as being only a brief drive from Ainslie Parklands Primary School, the Good Shepherd Primary School, Eastlink freeway, libraries, tennis courts and Eastland Shopping Centre (Ringwood).

Positioned just 27 km's east of Melbourne City Centre, Croydon is a thriving suburb that is well maintained by the City of Maroondah. Offering leisure facilities, parks and recreational reserves, this desirable neighbourhood boasts educational institutions, numerous public transport services, sporting venues and a solid community network.

Croydon is currently undergoing major development growth, with significant spending on local infrastructure, that is likely to fuel property price and rental demand. Projects include, the expansion of Croydon Central, development of public infrastructure around the Croydon Train Station, significant redevelopment of public parklands and sporting facilities, and the Croydon Civil Precinct Redevelopment spearheaded by Maroondah Council.

Located within General Residential Zone Schedule 2 (GRZ2), the allotment is currently occupied by a three-bedroom home, with all connections already available. This is the perfect opportunity for shrewd builders/developers who desire avoiding lengthy delays in obtaining plans and permits themselves.

Call James Brougham 0412 620 498 or Nathan Hick 0431 894 433 for more information.

Property History for 295 Mt Dandenong Rd, Croydon, VIC 3136

A timeline of how this property has performed in the market
Last Sold
$1,860,000
11 May 2022
Listed for Rent
$340/w
21 Mar 2018
  • 11 May 2022
    Sold for $1,860,000
  • 27 Jul 2021
    Listed for Sale $2 - 2.2M
  • 21 Mar 2018
    Listed for Rent $340 / week
Sign in to see more transactions

Commute Calculator

About Croydon 3136

The size of Croydon is approximately 14.1 square kilometres. It has 52 parks covering nearly 13.7% of total area. The population of Croydon in 2011 was 23,552 people. By 2016 the population was 26,958 showing a population growth of 14.5% in the area during that time. The predominant age group in Croydon is 30-39 years. Households in Croydon are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Croydon work in a professional occupation. In 2011, 71.3% of the homes in Croydon were owner-occupied compared with 70.1% in 2016.

Croydon has 15,656 properties. Over the last 5 years, Houses in Croydon have seen a 28.96% increase in median value, while Units have seen a 17.46% increase. As at 31 August 2024:

  • The median value for Houses in Croydon is $954,805 while the median value for Units is $649,915.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 44 properties listed for sale, and 11 properties listed for rent in Croydon on OnTheHouse. According to CoreLogic's data, 624 properties were sold in the past 12 months in Croydon.

Suburb Insights for Croydon 3136

Market Insights
Croydon Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Croydon Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.