OFF MARKET

2/51 Loch Road
Dandenong North VIC 3175

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 80m2
Land area: 600m2
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Last updated 30 Sep 2024
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Property Details for 2/51 Loch Rd, Dandenong North

2/51 Loch Rd, Dandenong North is a 4 bedroom, 2 bathroom Unit and was built in 1970. The property has a land size of 600m2 and floor size of 80m2.

Building Type
Unit
Year Built
1970
Floor Size
80m2
Land Size
600m2
Local Government
Greater Dandenong

Last Listing description (February 2024)

2 units - 1 title - rental return $33,372 pa. For the first time in 50 years, astute investors have the opportunity to secure this sensational investment property. Add to your superannuation portfolio or live in one and enjoy the income generated by the other.

The brick pair is set on a large corner site of approx. 600m2 close to shops, schools, and Monash freeway access. Both units boast two large bedrooms, separate living rooms and kitchen/meals. Floor tiles throughout, reverse cycle air conditioning and gas appliances. Excellent tenants. A rare find!

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.

Property History for 2/51 Loch Rd, Dandenong North, VIC 3175

A timeline of how this property has performed in the market
Listed for Rent
$280/w
24 Jun 2021
  • 11 Jan 2024
    Listed for Sale $730,000-$795,000
  • 17 Jun 2021
    Listed for Rent $280 / week
  • 09 Dec 2019
    Listed for Rent - Price not available
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About Dandenong North 3175

The size of Dandenong North is approximately 9.6 square kilometres. It has 27 parks covering nearly 19.3% of total area. The population of Dandenong North in 2011 was 21,910 people. By 2016 the population was 22,463 showing a population growth of 2.5% in the area during that time. The predominant age group in Dandenong North is 30-39 years. Households in Dandenong North are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong North work in a trades occupation. In 2011, 70.5% of the homes in Dandenong North were owner-occupied compared with 68.6% in 2016.

Dandenong North has 9,225 properties. Over the last 5 years, Houses in Dandenong North have seen a 28.71% increase in median value, while Units have seen a 26.83% increase. As at 31 August 2024:

  • The median value for Houses in Dandenong North is $754,797 while the median value for Units is $541,023.
  • Houses have a median rent of $518 while Units have a median rent of $470.
There are currently 33 properties listed for sale, and 10 properties listed for rent in Dandenong north on OnTheHouse. According to CoreLogic's data, 308 properties were sold in the past 12 months in Dandenong north.

Suburb Insights for Dandenong North 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.