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
$705k
Quarterly price change
-2.2%
Metro Melbourne Comparison
$923k
2.7%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $491,500 | $881,200 |
| 3 | $708,500 | $810,000 |
| 4 | $822,000 | $942,350 |
| Insight | Dandenong | Metro comparison |
|---|---|---|
| Clearance rate | 90% | 78.5% |
| Days on market | 48 | 42 |
Rental data
Median weekly rent
$520
Rental yield
3.7%
Metro Melbourne Comparison
$580
3.3%
| Bedrooms | Dandenong | Metro comparison |
|---|---|---|
| 2 | $455 | $580 |
| 3 | $525 | $550 |
| 4 | $640 | $600 |
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