1381 Mt Dandenong Tourist Rd, Mount Dandenong is a 1 bedroom, 2 bathroom House with 20 parking spaces. The property has a land size of 2081m2 and floor size of 307m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
In the heart of Mt Dandenongs lucrative tourist precinct, opposite the well visited William Ricketts Sanctuary, this iconic building is looking for a new owner. With a long term secure tenancy plus a strong rental yield this is an investment worth acquiring. Nestled privately amid 1970 sq m approx. of exotic leafy gardens featuring sculptures, water features and private outdoor dining areas. The property also includes a self-contained one bedroom apartment, excellent kitchen facilities and ample car parking.
The size of Mount Dandenong is approximately 7.9 square kilometres. It has 12 parks covering nearly 128% of total area. The population of Mount Dandenong in 2011 was 1,237 people. By 2016 the population was 1,226 showing a population decline of 0.9% in the area during that time. The predominant age group in Mount Dandenong is 60-69 years. Households in Mount Dandenong are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Mount Dandenong work in a professional occupation. In 2011, 87.3% of the homes in Mount Dandenong were owner-occupied compared with 89.3% in 2016.
Mount Dandenong has 625 properties. Over the last 5 years, Houses in Mount Dandenong have seen a 33.75% increase in median value, while Units have seen a 74.48% increase. As at 31 October 2024:
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