OFF MARKET

132 Herbert Street
Dandenong VIC 3175

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 259m2
Land area: 719m2
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Last updated 11 Nov 2024
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Property Details for 132 Herbert St, Dandenong

132 Herbert St, Dandenong is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 2019. The property has a land size of 719m2 and floor size of 259m2. While the property is not currently for sale or for rent, it was last sold in January 2017.

Building Type
House
Year Built
2019
Floor Size
259m2
Land Size
719m2
Local Government
Greater Dandenong
Lot/Plan
23/LP10541

Last Listing description (May 2017)

This large property is suitable for redevelopment (STCA) into a multi-unit site, which can be either sold off in whole or part or retained and rented out within your property portfolio.
Land holdings such as this are becoming increasing scarce and 2016 saw many changing hands so there may well be a shortage of similar properties in 2017.
Located walking distance to the Dandenong Plaza, Market, railway station, hospital and many schools and places of worship.

With Victoria experiencing an increase in its population, there will forever be a need for more homes to be constructed.
Currently has a 2/3 bedroom home that can be rented out while you obtain your permits.
FUTURE PROOF YOUR INVESTMENT PORTFOLIO!

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Property History for 132 Herbert St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$647,500
14 Jan 2017
  • 14 Jan 2017
    Sold for $647,500
  • 14 Nov 2016
    Listed for Sale OFFERS OVER $640,000
  • 13 Nov 1999
    Sold for $126,700

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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 18,065 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 110 properties listed for sale, and 34 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 766 properties were sold in the past 12 months in Dandenong.

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