601/157 Lonsdale StreetDandenong VIC 3175
Property Details for 601/157 Lonsdale St, Dandenong
601/157 Lonsdale St, Dandenong is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2958m2 and floor size of 51m2. While the property is not currently for sale or for rent, it was last sold in August 2018.
Last Listing description (October 2018)
Currently on a long term lease to Punthill Hotels, this is the perfect set and forget investment returning an excellent and stable income of $12,380.52.
Located in one of Melbourne's fastest growing suburbs, this contemporary studio apartment is located right smack in the centre of Dandenong's bustling city hub. The busy shopping strip on Lonsdale Street awaits at your doorstep.
A 5 minute walk finds you at the Dandenong Plaza where you can shop and dine to your heart's content or escape for a couple of hours at the Reading Cinemas.
This contemporary, fully furnished studio apartment designed by award winning Hayball Architects is light filled, clean and modern.
Please contact us for your private inspection while the property is still available.
Property History for 601/157 Lonsdale St, Dandenong, VIC 3175
- 18 Aug 2018Sold for $150,000
- 30 May 2018Listed for Sale Not Disclosed
- 23 Nov 2011Sold for $178,250
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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 18,065 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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