SOLD
Sold on 14 Jun 2024 for $1,490,000

295 Lonsdale Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 153m2
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Property Details for 295 Lonsdale St, Dandenong

Building Type
Commercial
Land Size
153m2
Local Government
Greater Dandenong
Lot/Plan
1/PS326443

Last Listing description (December 2022)

Located at the main shopping precinct on Lonsdale Street in the centre of Dandenong, this prime retail shop features:

*Suits retail/food & drink/convenience shop/office etc (STCA)
*Area: 140 sqm approx.

*Fitted retail shop saving massive fit-out costs
*Self contained premises includes an open plan space, a partitioned room, a kitchenette and male/female toilets
*Outstanding main road exposure
*Tightly held location in the centre of main shopping precinct
*High passing traffic
*Flexible terms with generous incentives on offer
*Available now

Property History for 295 Lonsdale St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$1,490,000
14 Jun 2024
Listed for Rent
$958/w
20 Dec 2022
  • 14 Jun 2024
    Sold for $1,490,000
  • 08 Nov 2022
    Listed for Rent - Price not available
  • 20 Dec 1994
    Sold for $970,000
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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 17,902 properties. Over the last 5 years, Houses in Dandenong have seen a 28.07% increase in median value, while Units have seen a 16.16% increase. As at 30 September 2024:

  • The median value for Houses in Dandenong is $762,784 while the median value for Units is $423,972.
  • Houses have a median rent of $530 while Units have a median rent of $440.
There are currently 115 properties listed for sale, and 32 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 783 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.