SOLD
Sold on 11 Sep 2024 for $3,850,000

11 Commercial Drive
Dandenong South VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2813m2
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Property Details for 11 Commercial Dr, Dandenong South

Building Type
Commercial
Land Size
2813m2
Local Government
Greater Dandenong
Lot/Plan
6/LP205851

Last Listing description (June 2018)

11 Commercial Drive, Lynbrook is located within the heart of the Dandenong / Lynbrook industrial precinct. The property features immediate access to the M1, Westernport Hwy and South Gippsland Hwy.
Key features of the property include:
+ Total building area: 2,151sqm*

+ Warehouse area: 1,873sqm*
+ Office area: 278sqm*
+ Two (2) motorised roller shutter doors
+ Dual access driveways
+ Rear yard
Please contact Paul Jones on 0488 779 749 or paul.j@melcorp.com.au for further information or to arrange an inspection.

Property History for 11 Commercial Dr, Dandenong South, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$3,850,000
11 Sep 2024
Listed for Rent
$3.45k/w
21 May 2018
  • 11 Sep 2024
    Sold for $3,850,000
  • 10 May 2018
    Listed for Rent $180,000 / year
  • 30 Jan 2018
    Listed for Rent $180,000 / year
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About Dandenong South 3175

The size of Dandenong South is approximately 29.4 square kilometres. It has 12 parks covering nearly 1.9% of total area. The population of Dandenong South in 2011 was 360 people. By 2016 the population was 171 showing a population decline of 52.5% in the area during that time. The predominant age group in Dandenong South is 50-59 years. Households in Dandenong South are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong South work in a machinery operators and drivers occupation. In 2006, 20% of the homes in Dandenong South were owner-occupied compared with 35.3% in 2011.

Dandenong South has 4,966 properties. Over the last 5 years, Houses in Dandenong South have seen a 10.08% increase in median value, while Units have seen a -2.74% decrease. As at 30 November 2024:

  • The median value for Houses in Dandenong South is $785,122 while the median value for Units is $700,825.
There are currently 1 property listed for sale, and 2 properties listed for rent in Dandenong south on OnTheHouse. According to CoreLogic's data, 123 properties were sold in the past 12 months in Dandenong south.

Suburb Insights for Dandenong South 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.