317/80 Cheltenham RoadDandenong VIC 3175
Property Details for 317/80 Cheltenham Rd, Dandenong
317/80 Cheltenham Rd, Dandenong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 6454m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in January 2015.
Last Listing description (July 2024)
This apartment is perfect for those looking sensational value in this location and at this price! Investors can also get excited with this one as it represents great value and a high demand product.
Feature
? 2 large Bedroom with BIR
? Reverse cycle air-conditioning
? Lock up car parking space with storage cage
Additional features of the property include tiled wet areas, LED downlights, new appliances throughout, European laundry, large balcony in the back, private courtyard, extensive common gardens and BBQ area, and much more!
Living within walking distance to all amenities allows for an easy lifestyle including Dandenong Station, numerous bus routes, Dandenong Plaza, Parkmore shopping centre and Fountain gate!
Property is part of the NRAS scheme. This means the owner receives a refundable tax offset (up to 10,000) or a cash payment of $8,436.07 (Commonwealth) and $2,812.02 (State) Approximate per year. Buyer has the option to continue with NRAS, OR, to terminate NRAS whereby the buyer can live in or rent it out at market price
Potential rental for $1216.00 per month Approx.
Total yearly revenue equates to $25,840.09 or retrospective monthly amount of $2153.34 (APPROX)
Please call to find out more.
Property History for 317/80 Cheltenham Rd, Dandenong, VIC 3175
- 29 Nov 2023Listed for Rent $295 / week
- 24 Nov 2023Listed for Sale $320,000 to $352,000
- 11 Apr 2023Listed for Rent $288 / week
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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 18,166 properties. Over the last 5 years, Houses in Dandenong have seen a 15.90% increase in median value, while Units have seen a 18.00% increase. As at 28 February 2025:
- The median value for Houses in Dandenong is $760,780 while the median value for Units is $436,271.
- Houses have a median rent of $530 while Units have a median rent of $450.
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