OFF MARKET

16 Olive Street
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 851m2
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Last updated 11 Nov 2024
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Property Details for 16 Olive St, Dandenong

16 Olive St, Dandenong is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 851m2. While the property is not currently for sale or for rent, it was last sold in September 2022.

Building Type
House
Land Size
851m2
Local Government
Greater Dandenong
Lot/Plan
49/LP9810

Last Listing description (November 2022)

This property proudly sold by Kris Gajdobransko - 0410 510 462 A Centurion Award Winner with Century 21 Real Estate.
(Top 2% of all Century 21 Real Estate agents worldwide)

The perfect opportunity has become available to redevelop or renovate this prized property sitting atop an 851sqm (approx.) block. The very livable three-bedroom home is ideal for a substantial renovation or a developer could construct multiple townhouses or units STCA, if you're an astute purchaser you could build your brand-new dream home to whatever specification you like.

This is a great opportunity for builders, developers, or investors to secure this excellent potential development site.

Featuring:
-3x spacious bedroom, two with BIRs
-Light-filled living
-Kitchen with gas appliance
-Dining room
-Central bathroom with separate toilet
-Large garage/workshop plus storage

Conveniently located close to Lyndale Greens Primary School, Emerson School, Wooranna Park Primary School, Lyndale Secondary College, Oasis Swimming Centre, and public transport. Easy Access to Eastlink, Monash Freeway, and Princes Freeway, local shops, and Dandenong Central, everyday living and commuting will be a breeze from this dream location.

DISCLAIMER:
Every attempt has been taken to ensure the accuracy of the information provided is as presented. We encourage you to make your own assessment during an inspection. In addition, the measurements provided of the land and/or property may not be 100% accurate. In order to satisfy yourself with the exact dimensions of the property/land / or of each room, we advise you to conduct your own measurements and/or engage the services of a licensed surveyor. Responsibility for any omissions or errors contained herein is expressly denied.

Property History for 16 Olive St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$980,000
15 Sep 2022
Listed for Rent
$290/w
11 Aug 2007
  • 15 Sep 2022
    Sold for $980,000
  • 27 Jul 2022
    Listed for Sale $940,000 to $1,030,000
  • 25 May 2007
    Listed for Rent - Price not available
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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 111 properties listed for sale, and 37 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 794 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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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.