OFF MARKET

3/1-3 Herbert Street
Dandenong VIC 3175

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 75m2
Land area: 2671m2
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Property Details for 3/1-3 Herbert St, Dandenong

3/1-3 Herbert St, Dandenong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 2671m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
Unit
Year Built
1970
Floor Size
75m2
Land Size
2671m2
Local Government
Greater Dandenong
Lot/Plan
3/RP9098

Last Listing description (November 2022)

Sale By SET DATE: Tuesday 8th December at 2:00pm (unless sold prior)

Looking to enter the market? This is a great opportunity whether a first home buyer, first time investor or down sizer this represents a good and affordable opportunity.

Positioned brilliantly, close to all central facilities and opposite Dandenong High School, this apartment is situated in a neat and well maintained complex. The grounds are spacious and it has a lovely feel with mature trees nestled on the site and spacious car parking.

Being a downstairs apartment is a bonus removing the need to climb stairs for the elderly which enhances the investment appeal for tenants also.

Whilst in need of some rejuvenation it is a great chance to stop losing money to rent and start building your own asset!

Please call to arrange your inspection today.

DISCLAIMER:
The measurements provided of the land and / or property may not be 100% accurate. In order to satisfy yourself of 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 3/1-3 Herbert St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$247,000
24 Nov 2020
  • 24 Nov 2020
    Sold for $247,000
  • 06 Oct 2020
    Listed for Sale $210,000 - $231,000
  • 08 Sep 2018
    Sold for $240,000
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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 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.