Market snapshot
Suburb insights for Dandenong3175
Change suburbDandenong is located 29 km south-east of the CBD. Dandenong is the major commercial retail and industrial centre for Melbourne's south-eastern suburbs. It is sometimes referred to as Melbourne's second city. Major employers include the Australian Taxation Office and the Dandenong and District Hospital. Dandenong also features a number of retirement villages and nursing homes the Dandenong Market and Plaza Shopping Centre. The suburb is well known for having a significant multicultural population.
Recent sales and auction results in Dandenong
| Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
|---|---|---|---|---|---|---|---|
| 1/15 Olive St, Dandenong | 3 |  | Unit | Passed in at Auction | 17/12/2024 | eXp Real Estate Australia - VIC | View |
Sales data
Median sale price
$750k
Quarterly price change
-1.3%
Metro Melbourne Comparison
$916k
0.1%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $458,750 | $902,000 |
| 3 | $743,000 | $807,500 |
| 4 | $826,500 | $950,000 |
| Insight | Dandenong | Metro comparison |
|---|---|---|
| Clearance rate | 38.1% | 73.3% |
| Days on market | 48 | 42 |
Rental data
Median weekly rent
$500
Rental yield
3.5%
Metro Melbourne Comparison
$575
3.3%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $440 | $560 |
| 3 | $500 | $550 |
| 4 | $600 | $595 |
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