6/103 Mccrae StreetDandenong VIC 3175
Property Details for 6/103 Mccrae St, Dandenong
6/103 Mccrae St, Dandenong is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1985. The property has a land size of 93m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2024)
Welcome to 6/103 McCrae Street, Dandenong, VIC, where location meets opportunity. This remarkable property is a dream come true for both investors and first home buyers, offering an unbeatable location and a host of exciting possibilities.
Nestled in the heart of Dandenong, this residence enjoys a prime position that places you within reach of a wealth of amenities. Experience the convenience of having Dandenong Plaza, cafes, and dining options just moments away. The vibrant local community offers a range of entertainment and recreational activities, ensuring there's always something to do. With excellent transport links, including Dandenong Train Station and major highways nearby, you'll have easy access to Melbourne's CBD and beyond.
Strong Rental Demand: Dandenong is a thriving suburb known for its vibrant community and diverse population. The demand for rental properties in this area is consistently high, ensuring minimal vacancy rates. At the current rental market rate of $354pw, the 5.2% rental yield offered by this property presents a fantastic opportunity to generate a passive income and enjoy strong returns on your investment.
First home buyers, this is your chance to enter the property market in a highly sought-after location. With affordable pricing and a range of incentives available, owning your own home at 6/103 McCrae Street is within reach. Say goodbye to renting and embrace the pride of homeownership in a residence that offers both style and functionality. The property's layout and features cater to the needs of growing families or those looking to settle down in a welcoming community.
Whether you're an investor seeking a lucrative opportunity or a first home buyer ready to take the leap, 6/103 McCrae Street has it all. Don't miss out on this chance to secure a property that combines a prime location with exciting potential. Contact our dedicated team today to arrange a viewing and make your dreams of owning a property in Dandenong a reality. Act fast, as opportunities like this are in high demand. Your future starts at 6/103 McCrae Street, Dandenong
Property History for 6/103 Mccrae St, Dandenong, VIC 3175
- 06 Jul 2023Sold for $340,000
- 25 May 2023Listed for Sale $310,000 - $340,000
- 28 Oct 2014Sold for $235,000
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0About 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 18,071 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.
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