SOLD
Sold on 27 Sep 2024 for $542,000

5/8-10 Lorraine Street
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Floor area: 108m2
Land area: 400m2
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Sold By
First National Real Estate Hall & Partners
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Property Details for 5/8-10 Lorraine St, Dandenong

5/8-10 Lorraine St, Dandenong is a 3 bedroom, 2 bathroom Unit and was built in 1980. The property has a land size of 400m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom Unit sold in Dandenong in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
108m2
Land Size
400m2
Local Government
Greater Dandenong
Lot/Plan
5/SP24017

Last Listing description (October 2024)

Downsizers, first home buyers and investors must consider this fabulous three bedroom villa located only a short walk from Yarraman station. An entrance hall leads to a formal lounge room with a north facing aspect.

All bedrooms are of generous size with the master boasting a full ensuite. A spacious kitchen adjoins the meals area which flows to a big outdoor pergola entertainment area, set in a private established garden.

All this on a 400m2 (approx.) block! Lock up garage/workshop and extra car park. All gas appliances included ducted heating. A fabulous opportunity.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate

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Property History for 5/8-10 Lorraine St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$542,000
27 Sep 2024
  • 27 Sep 2024
    Sold for $542,000
  • 18 Sep 2024
    Listed for Sale $495,000-$540,000

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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 18,073 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 111 properties listed for sale, and 37 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 794 properties were sold in the past 12 months in Dandenong.

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