OFF MARKET

1/559-567 Lower Dandenong Road
Dingley Village VIC 3172

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 106m2
Land area: 218m2
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Property Details for 1/559-567 Lower Dandenong Rd, Dingley Village

1/559-567 Lower Dandenong Rd, Dingley Village is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 218m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in November 2012.

Building Type
Unit
Year Built
1980
Floor Size
106m2
Land Size
218m2
Local Government
Kingston
Lot/Plan
1/PS307827

Last Listing description (November 2012)

3 Bedroom Unit with Street Frontage.
This magnificent free-standing unit will suit first-home buyers, empty-nesters and investors. Originally built as the display property for the neighbouring units, it has had only one owner - you may be its second?
Larger than you expect, it has two living areas: the lounge looks out over the front yard; and the meals / family room has a sliding door out to the private backyard.

The timber kitchen has gas cooking and pantry.
All three bedrooms have built-in-robes and there is a linen closet in the hallway.
To keep comfortable, there is a gas wall furnace and refrigerated air-conditioner.
The single garage is extra wide with a door to take your shopping straight through the back door. There is extra parking in front of the garage, a visitor's car space behind the unit and always along the service lane.
Close to parks and services - just across from Braeside Park and Southern Golf Club and near the bus stop to take you to Mentone or the other way to Parkmore Shopping Centre and Dandenong.
For investors, we estimate a 4.9% rental return with an anticipated rent return of $370-$380pw.
Access to view is easy - call to arrange an appointment or see on Saturday at the Open.

Property History for 1/559-567 Lower Dandenong Rd, Dingley Village, VIC 3172

A timeline of how this property has performed in the market
Last Sold
$387,000
06 Nov 2012
  • 06 Nov 2012
    Sold for $387,000
  • 07 Sep 2012
    Listed for Sale $390,000 SAT 12.15-12.45
  • 20 Feb 2003
    Transferred
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About Dingley Village 3172

The size of Dingley Village is approximately 7.9 square kilometres. It has 19 parks covering nearly 18% of total area. The population of Dingley Village in 2011 was 10,186 people. By 2016 the population was 10,329 showing a population growth of 1.4% in the area during that time. The predominant age group in Dingley Village is 40-49 years. Households in Dingley Village are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dingley Village work in a professional occupation. In 2011, 86.5% of the homes in Dingley Village were owner-occupied compared with 86.4% in 2016.

Dingley Village has 4,491 properties. Over the last 5 years, Houses in Dingley Village have seen a 40.57% increase in median value, while Units have seen a 24.07% increase. As at 31 July 2024:

  • The median value for Houses in Dingley Village is $1,075,443 while the median value for Units is $736,385.
  • Houses have a median rent of $650 while Units have a median rent of $560.
There are currently 3 properties listed for sale, and 3 properties listed for rent in Dingley village on OnTheHouse. According to CoreLogic's data, 156 properties were sold in the past 12 months in Dingley village.

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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.