SOLD
Sold on 14 May 2024 for $320,000

403/80 Cheltenham Road
Dandenong VIC 3175

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Save

Property Details for 403/80 Cheltenham Rd, Dandenong

403/80 Cheltenham Rd, Dandenong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Dandenong in the last 12 months.

Building Type
Unit
Year Built
2014
Floor Size
57m2
Local Government
Greater Dandenong
Lot/Plan
403/PS645691

Last Listing description (June 2024)

Entry-level buying in a sought-after location.
This property features;
- 2 bedrooms with BIR's

- Split system air conditioner
- Secure car park and 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 center and Fountain gate!

Property is part of the NRAS scheme. This means the owner receives a refundable tax offset or a cash payment of $8,436.07 (Commonwealth) and $2,812.02 (State) Approximate per year.
Property is currently tenanted for $1216.00 per month Approx.
Total yearly revenue equates to $25,840.09 or retrospective monthly amount of $2153.34 (APPROX)

Strata Fees (Approximately):
Body Corp: Approximately $4200 Included Services:
-Gas: No need to worry about your gas bill.
-Rubbish Collection: This service reduces your council rates.
- Structure Insurance
- Cleaning of common areas including the courtyard, 2 BBQ areas, Central Garden, etc.
- Onsite Manager: Fob not working? No need to contact Body Corp; it can be fixed onsite.
Council rate down to $180 Approx. per quarter (cause body-Corp collect the Rubbish)
South East Water $160 Approx. Per quarter

Property History for 403/80 Cheltenham Rd, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$320,000
14 May 2024
  • 14 May 2024
    Sold for $320,000
  • 16 Jun 2022
    Listed for Sale Not Disclosed
  • 18 Dec 2014
    Sold for $394,500

Commute Calculator

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 17,966 properties. Over the last 5 years, Houses in Dandenong have seen a 26.84% increase in median value, while Units have seen a 17.96% increase. As at 31 August 2024:

  • The median value for Houses in Dandenong is $745,135 while the median value for Units is $422,885.
  • Houses have a median rent of $520 while Units have a median rent of $430.
There are currently 119 properties listed for sale, and 27 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 805 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

Market Insights
Dandenong Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Dandenong Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend


Median Value over 1 year
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.