Located in the very tightly held area of Sassafras on the popular Mt Dandenong Tourist Road with huge amounts of passing traffic, the property offers both commercial shop area of approximately 90sqm and neat and tidy two bedroom dwelling at the rear.
Retail/Shop:
The size of Sassafras is approximately 4.7 square kilometres. It has 12 parks covering nearly 83.7% of total area. The population of Sassafras in 2011 was 1,148 people. By 2016 the population was 1,055 showing a population decline of 8.1% in the area during that time. The predominant age group in Sassafras is 40-49 years. Households in Sassafras are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Sassafras work in a professional occupation. In 2011, 88.8% of the homes in Sassafras were owner-occupied compared with 90.4% in 2016.
Sassafras has 509 properties. Over the last 5 years, Houses in Sassafras have seen a 43.05% increase in median value, while Units have seen a 63.05% increase. As at 31 July 2024:
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