SOLD
Sold on 17 Jun 2024 for $170,000

703/157 Lonsdale Street
Dandenong VIC 3175

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 2958m2
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Property Details for 703/157 Lonsdale St, Dandenong

703/157 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. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Dandenong in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
2958m2
Local Government
Greater Dandenong
Lot/Plan
703/PS612466

Last Listing description (June 2024)

Ray White proudly presents this marvellous investment opportunity set in the heart of Dandenong. Offering a tremendous opportunity for savvy investors looking to capitalise on their portfolio. This contemporary, fully furnished studio apartment designed by award winning Hayball Architects is light filled, clean and contemporary.

This Studio apartment is currently leased out to Central Apartment Group for $1,086.18 PCM !!

*Please note this property cannot not be owner occupied, purely for investments opportunities only*

Features of this studio include: Communal Gym, Secured Car Park, Split system heating/cooling, kitchenette, study/lounge space, mirrored robes, large feature shower, communal lift and much more.

Located in Central Dandenong, it doesn't get more convenient than this. You are within walking distance to the Dandenong Train Station, Dandenong Market, Dandenong Plaza, Public Transport, Recreational Facilities, and an abundance of Pre-Schools, Primary and High Schools.

Do not miss out on this excellent opportunity!

Call Mo Zeitouneh for any further information!

*PHOTO I.D. REQUIRED UPON INSPECTION*
*All information contained therein is gathered from relevant third party sources. We cannot guarantee or give any warranty about the information provided. Interested parties must rely solely on their own enquiries

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Property History for 703/157 Lonsdale St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$170,000
17 Jun 2024
  • 17 Jun 2024
    Sold for $170,000
  • 11 Jan 2024
    Listed for Sale $150,000 - $165,000
  • 22 Jun 2012
    Sold for $175,000

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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 113 properties listed for sale, and 34 properties listed for rent in Dandenong on OnTheHouse. According to CoreLogic's data, 785 properties were sold in the past 12 months in Dandenong.

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