SOLD
Sold on 25 Jul 2024 for $475,000

5/16 Edgewood Road
Dandenong VIC 3175

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 99m2
Land area: 218m2
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Harcourts Asap Narre Warren
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Property Details for 5/16 Edgewood Rd, Dandenong

5/16 Edgewood Rd, Dandenong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 218m2 and floor size of 99m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Dandenong in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
99m2
Land Size
218m2
Local Government
Greater Dandenong
Lot/Plan
5/PS530850

Last Listing description (September 2024)

Welcome to your new home in the heart of Dandenong! This charming and spacious 2-bedroom, 1-bathroom unit offers the perfect blend of comfort, convenience, and modern living. Located just a stone's throw from Dandenong Plaza and Dandenong Market, you'll have shopping and dining options at your fingertips. Plus, with easy access to public transportation, parks, and various schools, this location is ideal for families, professionals, and investors alike.

As you step inside, you'll be greeted by a generous living area, perfect for entertaining guests or enjoying cozy nights in. Large windows flood the space with natural light, creating a bright and inviting atmosphere. The well-appointed kitchen seamlessly connects to the dining and living areas, making it a hub for family gatherings and dinner parties.

The two spacious bedrooms are designed with comfort in mind, featuring ample closet space and plenty of room for relaxation. The modern bathroom is both stylish and functional, offering a serene space to start and end your day.

One of the standout features of this property is the expansive backyard. This private outdoor oasis is perfect for family BBQs, entertaining friends, or simply relaxing in the sun. With plenty of space for kids to play and adults to unwind, it's an ideal extension of your living area.

Don't miss out on this fantastic opportunity to own a piece of prime real estate in Dandenong. Whether you're a first-time buyer looking for a welcoming home or an investor seeking a valuable addition to your portfolio, this unit has it all.

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Property History for 5/16 Edgewood Rd, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$475,000
25 Jul 2024
Listed for Rent
$390/w
23 Feb 2023
  • 25 Jul 2024
    Sold for $475,000
  • 21 May 2024
    Listed for Sale Not Disclosed
  • 07 Feb 2023
    Listed for Rent $390 / 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 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 110 properties listed for sale, and 28 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 806 properties were sold in the past 12 months in Dandenong.

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