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.
Sales data
Median sale price
$710k
Quarterly price change
-5.6%
Metro Melbourne Comparison
$895k
-2.1%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $510,000 | $888,000 |
| 3 | $715,000 | $807,000 |
| 4 | $840,500 | $950,000 |
| Insight | Dandenong | Metro comparison |
|---|---|---|
| Clearance rate | 69.6% | 72.6% |
| Days on market | 45 | 43 |
Rental data
Median weekly rent
$500
Rental yield
3.5%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $460 | $575 |
| 3 | $518 | $550 |
| 4 | $590 | $600 |
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