OFF MARKET

5/5-7 Margaret Crescent
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 101m2
Land area: 301m2
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Property Details for 5/5-7 Margaret Cres, Dandenong

5/5-7 Margaret Cres, Dandenong is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2002. The property has a land size of 301m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in May 2023.

Building Type
Unit
Year Built
2002
Floor Size
101m2
Land Size
301m2
Local Government
Greater Dandenong
Lot/Plan
5/PS447885

Last Listing description (July 2023)

THE PROPERTY
Located in a boutique development in a quiet cul-de-sac, with everything you need close at hand, this single-level gem offers first home buyers, families, downsizers, and investors a fantastic opportunity. Spacious and neat as pin, and just a short stroll to shops, schools, services and parkland, this three-bedroom unit ticks all the right boxes. Inside you'll find a flexible light-filled living which flows through to the open plan kitchen, meals, and family room, with chic tiled flooring underfoot. The kitchen boasts quality stainless steel appliances and a breakfast bar combining to create a modern and functional space for mealtimes. An easy transition to the outdoors is assured with glass sliding doors opening up to the private courtyard, while the generous standalone laundry is a handy addition. Flaunting a spacious walk-in robe and luxe ensuite, the master bedroom enjoys a pleasant garden outlook, while two additional bedrooms feature BIRs and are ideally positioned alongside the sparkling main bathroom complete with bath, shower, vanity and toilet. Also included is ducted heating for winter warmth and a secure double garage with rear access.

THE FEATURES

Contemporary three-bedroom, two-bathroom unit
Chic modern kitchen with tiled splashbacks, SS appliances & breakfast bar
Luxe master bedroom boasts WIR storage and sparkling ensuite
Two additional bedrooms include built-in robe storage
Main bathroom comprises shower, bath, vanity & toilet
Two flexible living zones, offering ample space for families
Generous standalone laundry facilities

THE LOCATION
Adding to the home's appeal, is a prime location within walking distance to an abundance of local shops, schools, lifestyle amenities and parkland, including Dandenong Market, Dandenong Plaza, John Hemmings Memorial Park, Dandenong North Primary and Dandenong High School.

On Site Auction Saturday 27th of May at 5:30pm

Property History for 5/5-7 Margaret Cres, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$560,000
27 May 2023
  • 27 May 2023
    Sold for $560,000
  • 04 May 2023
    Listed for Sale Auction ($530,000 - $580,000)
  • 13 Dec 2021
    Listed for Sale $540,000-580,000
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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 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

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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.