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Sold on 01 Jun 2024 for $690,000

9 Belmont Avenue
Dandenong North VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 625m2
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Property Details for 9 Belmont Ave, Dandenong North

9 Belmont Ave, Dandenong North is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 625m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Dandenong North in the last 12 months.

Building Type
House
Land Size
625m2
Local Government
Greater Dandenong
Lot/Plan
44/LP51184

Last Listing description (June 2024)

Positioned in one of the most sought-after pockets of Dandenong North this property is ideal for first home buyers, investors, and astute developers. Sitting on an allotment of 625sqm and offering a 25-meter frontage (approximately) making it ideal for future development of:

• Building 2 townhouses (potentially side by side) (STCA)
• Keeping the existing 3 bedroom property whilst building at rear (STCA)

• Designing and building your dream family home (STCA)

The possibilities & potential are endless. The existing well-kept weatherboard dwelling provides a good-sized formal lounge area, 3 spacious bedrooms, 1 bathroom and separate toilet, formal meals area and well-equipped kitchen with gas stove. Additionally, this home features laminated timber flooring, central ducted heating, air conditioning and loads of natural sunlight. With a potential rental income of $450 - 500 per week, this home allows to take advantage of a good rental yield whilst benefiting from the continuous capital growth of Dandenong North.
Homes in this location do not last long on the market so make sure you view this one before it is too late. Arrange an inspection today!

* Photo ID is to be presented upon inspection.
* Please note that every care has been taken to verify the accuracy of the details of this advertisement, however we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matters.

Property History for 9 Belmont Ave, Dandenong North, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$690,000
01 Jun 2024
Listed for Rent
$440/w
01 May 2023
  • 01 Jun 2024
    Sold for $690,000
  • 20 Mar 2024
    Listed for Sale $650,000 - $715,000
  • 27 Apr 2023
    Listed for Rent $440 / week
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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 9,278 properties. Over the last 5 years, Houses in Dandenong North have seen a 23.20% increase in median value, while Units have seen a 27.45% increase. As at 31 October 2024:

  • The median value for Houses in Dandenong North is $758,068 while the median value for Units is $542,110.
  • Houses have a median rent of $530 while Units have a median rent of $470.
There are currently 39 properties listed for sale, and 17 properties listed for rent in Dandenong north on OnTheHouse. According to CoreLogic's data, 307 properties were sold in the past 12 months in Dandenong north.

Suburb Insights for Dandenong North 3175

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Suraj Samaranayake
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Yuvi Singh
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Boutique Estate Agency
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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.