1 Hammond RoadDandenong VIC 3175
Property Details for 1 Hammond Rd, Dandenong
1 Hammond Rd, Dandenong is a 8 bedroom, 4 bathroom Unit and was built in 2017. The property has a land size of 1395m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 8 bedroom Unit sold in Dandenong in the last 12 months.
Last Listing description (September 2024)
This block of 4 x 2-bedroom units on separate titles has been in the family for many years and is now being auctioned as is.
There are 4 units with only 2 sharing a party wall with the other 2 being freestanding.
There are 4 carports and each unit has its own rear courtyard.
These units are in various states of condition but can all do with renovation which in turn will provide a greater income going forward.
Current income is circa $58,000.
Ideal to update and put into your superfund for long term gains and income.
This property is walking distance to Dandenong CBD, railway station, schools and more. It's also can easy drive to all of Dandenong area facilities and access roads to Melbourne and the Mornington Peninsula.
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Property History for 1 Hammond Rd, Dandenong, VIC 3175
- 31 Jul 2024Sold
- 17 Jun 2024Listed for Sale Not Disclosed
- 29 Apr 2015Listed for Sale Not Disclosed
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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 17,951 properties. Over the last 5 years, Houses in Dandenong have seen a 32.20% increase in median value, while Units have seen a 21.61% increase. As at 31 July 2024:
- The median value for Houses in Dandenong is $761,973 while the median value for Units is $425,269.
- Houses have a median rent of $500 while Units have a median rent of $430.
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