SOLD
Sold on 17 Jun 2024 for $450,000

304/1525 Dandenong Road
Oakleigh VIC 3166

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Floor area: 64m2
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Property Details for 304/1525 Dandenong Rd, Oakleigh

304/1525 Dandenong Rd, Oakleigh is a 2 bedroom, 2 bathroom Unit and was built in 2016. The property has a floor size of 64m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Oakleigh in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
64m2
Local Government
Monash
Lot/Plan
311/PS728423

Last Listing description (October 2024)

SOLD BY JAMES TAN CENTURY 21 PROPERTY GROUP 0450-351-706

Drummond Rise is a quality built apartment complex strategically located within easy walking distances to Oakleigh Central, train and bus terminals with convenient transfers to Monash Universities, Chadstone Shopping Centre, Monash Medical Centre and access to the Monash Freeway. Newly leased, this apartment is perfect for investors seeking a secured long lease, equivalent to just over $30,000.00 per annum, or for the owner-occupier to move in at the expiry of the lease in April 2025.

On offer is a corner located apartment on the third floor, featuring 2 brightly lit East facing bedrooms (en-suited master), Euro laundry, open plan kitchen, meal and living area leading out to a private balcony with sweeping view. Quality fixtures and fittings throughout: Euro oven/cooktop/range hood, soft close cabinets, stone bench top, glass splash back, heating/cooling unit, video intercom, Foxtel/TV/ADSL/Optic Fibre internet and secure underground car parking and storage with two lifts to all floor.s
Note: Virtual furniture utilised.
Contact: James Tan 0450-351-706 jamestan@melbourneC21.com.au

Property History for 304/1525 Dandenong Rd, Oakleigh, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$450,000
17 Jun 2024
Listed for Rent
$580/w
18 Mar 2024
  • 17 Jun 2024
    Sold for $450,000
  • 30 Jan 2024
    Listed for Sale $450,000 to $470,000
  • 24 Nov 2021
    Listed for Rent $395 / week
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About Oakleigh 3166

The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation. In 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.

Oakleigh has 5,455 properties. Over the last 5 years, Houses in Oakleigh have seen a 14.57% increase in median value, while Units have seen a -1.09% decrease. As at 31 October 2024:

  • The median value for Houses in Oakleigh is $1,284,232 while the median value for Units is $600,636.
  • Houses have a median rent of $650 while Units have a median rent of $580.
There are currently 17 properties listed for sale, and 15 properties listed for rent in Oakleigh on OnTheHouse. According to CoreLogic's data, 215 properties were sold in the past 12 months in Oakleigh.

Suburb Insights for Oakleigh 3166

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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.