OFF MARKET

5/48 Princes Highway
Dandenong VIC 3175

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 71m2
Land area: 2026m2
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Last updated 11 Nov 2024
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Property Details for 5/48 Princes Hwy, Dandenong

5/48 Princes Hwy, Dandenong is a 2 bedroom, 1 bathroom Unit and was built in 1975. The property has a land size of 2026m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1975
Floor Size
71m2
Land Size
2026m2
Local Government
Greater Dandenong
Lot/Plan
5/SP20574

Last Listing description (November 2023)

This property, located Central Dandenong, a cosy flat which features:
Two decent size bedrooms with BIR, living/lounge area,

Spacious living area & kitchen including gas cooking
Lounge with air-conditioning/heater,
Floorboards in the living area & bedrooms, ceramic tiles to the wet areas and split system reverse cycle heating/cooling.
Combined Bathroom & Laundry, plus a separate toilet.
One parking space
This area has a lot to cater many needs.
Close to Dandenong Plaza & Market, Hospital, public transports, local schools and recreational facilities.
An ideal location for both Owner Occupy or Investment.

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Property History for 5/48 Princes Hwy, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$250,000
07 Mar 2022
Listed for Rent
$270/w
17 Apr 2015
  • 07 Mar 2022
    Sold for $250,000
  • 07 Dec 2021
    Listed for Sale Not Disclosed
  • 21 Jul 2020
    Listed for Sale $260,000 to $286,000
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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 18,061 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 107 properties listed for sale, and 33 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 764 properties were sold in the past 12 months in Dandenong.

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