OFF MARKET

77 Ann Street
Dandenong VIC 3175

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 1129m2
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Property Details for 77 Ann St, Dandenong

Building Type
Land
Year Built
2025
Floor Size
139m2
Land Size
1129m2
Local Government
Greater Dandenong
Lot/Plan
1/PS333954

Last Listing description (March 2024)

Welcome to 77 Ann Street, Dandenong, a prime piece of real estate offering a fantastic opportunity for developers and investors. This property boasts an expansive land size of 1118 square meters, providing ample space for a promising development project. With approved plans and permits for 5 townhouses, this site is a golden prospect for those seeking to capitalize on the flourishing property market.

Key Features:

Land Size: 1118 sqm (approximately)
Development Potential: Approved plans and permits for 5 townhouses
Location: The property is situated in the thriving suburb of Dandenong, offering excellent accessibility to essential amenities, schools, and transport links, making it an ideal choice for future residents.
Townhouse Designs: The approved plans showcase thoughtfully designed townhouses that cater to modern living needs. These dwellings are crafted to maximize space, natural light, and functionality, ensuring a comfortable and stylish living experience.
Investment Opportunity: With the demand for well-designed, contemporary townhouses on the rise, this property presents a lucrative investment opportunity for developers and astute investors looking to expand their property portfolio.
Infrastructure: Dandenong is a dynamic and growing suburb, benefiting from significant government and private sector investments in infrastructure and development. This further enhances the appeal and long-term potential of this property.

Location Highlights:

Public Transport: Excellent public transport connections nearby, including train and bus services, offering convenient access to Melbourne's CBD and surrounding areas.
Shopping and Dining: Close to a range of shopping centers, local markets, and dining precincts, providing residents with an array of retail and culinary options to explore.
Education: Within proximity to quality educational institutions, including primary and secondary schools, making it an attractive location for families with children.
Parks and Recreation: Nearby parks and recreational facilities offer opportunities for outdoor activities, picnics, and leisure pursuits, promoting an active and balanced lifestyle.
This property presents a rare chance to be part of Dandenong's growth and development while reaping the rewards of a well-executed and in-demand townhouse project. Don't miss the opportunity to secure this valuable piece of real estate with the plans and permits already in place for a hassle-free development journey.

Property History for 77 Ann St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$1,150,000
15 Aug 2023
Listed for Rent
$350/w
18 Jul 2012
  • 15 Aug 2023
    Sold for $1,150,000
  • 21 Jul 2023
    Listed for Sale Not Disclosed
  • 13 May 2019
    Sold for $865,000
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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 18,070 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, 781 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.