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
$760k
Quarterly price change
6.7%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $463,500 | $902,500 |
| 3 | $700,000 | $810,000 |
| 4 | $840,000 | $955,000 |
| Insight | Dandenong | Metro comparison |
|---|---|---|
| Clearance rate | 44.4% | 73.8% |
| Days on market | 47.5 | 42 |
Rental data
Median weekly rent
$500
Rental yield
3.6%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $440 | $550 |
| 3 | $490 | $540 |
| 4 | $580 | $580 |
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