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7 Masters Street, Dandenong$720,000
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For Salehouse

7 Masters Street

Dandenong, VIC 3175, Australia
$695,000 – $745,000
3 bed 1 bath 2 car698 m²

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About this property

Please follow us on Facebook, YouTube, and Instagram for regular fresh content search "Babet Brothers Real Estate". 698m² Development Opportunity in a Rapidly Transforming Dandenong Pocket (STCA) Positioned in one of Dandenong's increasingly sought-after residential streets, 7 Masters Street presents an outstanding opportunity for developers, builders, investors and land bankers alike. Sitting on a substantial 698m² (approx.) allotment, this property is surrounded by a wave of quality townhouse developments, highlighting the area's strong demand for medium-density housing (STCA). Adding to its appeal, the adjoining property has already been successfully redeveloped into five modern townhouses, showcasing the development potential within this tightly held street. With neighbouring projects setting the benchmark, this is a rare chance to secure a sizeable parcel in an area undergoing significant transformation. Beyond the development upside, the location offers exceptional convenience. Just moments from the heart of Dandenong, you'll enjoy easy access to shopping, transport, schools and parklands, while benefiting from the Victorian Government's ongoing Revitalising Central Dandenong initiative, a multi-billion-dollar urban renewal project delivering thousands of new homes, jobs and upgraded public infrastructure. Property Highlights : Approx. 698m² allotment Excellent development potential (STCA) Next-door property successfully developed into 5 townhouses Wide appeal for developers, builders and investors Strong rental and future growth prospects Situated within an established residential neighbourhood experiencing continual redevelopment Outstanding Location Minutes to Dandenong Plaza & Dandenong Market Close to Dandenong Train Station and major bus services Easy access to Princes Highway, Monash Freeway and EastLink Short drive to Dandenong Hospital and major employment hubs Walking distance to parks, reserves and recreational facilities Nearby Schools Dandenong Primary School St Mary's Primary School St John's Regional College Dandenong High School Lifestyle & Amenities Dandenong Park Dandenong Creek Trail Dandenong Market Dandenong Plaza Cafés, restaurants and local shopping precincts Medical centres and essential services nearby Whether you're looking to build your next townhouse project, land bank for future growth, or secure a premium development site in one of Melbourne's fastest-evolving south-eastern suburbs, 7 Masters Street offers a compelling opportunity in a location where redevelopment is already well underway. Opportunities like this are becoming increasingly scarceinspect today and unlock the full potential of this exceptional Dandenong address. MATT BABET: 0401 861 185 ZAIN KHAN: 0424 033 786 Note: Although all care has been taken in preparing this advertisement some information has been provided by third parties, therefore no responsibility is accepted for any inaccuracies.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Land Area
698 m²
Listed
2 weeks ago

Repayment calculator

$3,491/month
$1,745 /fortnight
Loan $576,000 at 6.10% over 30 years

Upfront costs

Deposit$144,000
Stamp duty$38,270
Conveyancing (est.)$2,000
Total upfront$184,270
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Dandenong

This 3-bedroom house in Dandenong, VIC 3175 sits within reach of public transport, local shops and nearby schools. It is listed 18% above the $609,000 median of 64 comparable houseswithin 5 km.

Schools near Dandenong

  • Emerson Schoolcombined · U · CoEd
  • Dandenong North Primary Schoolprimary · Prep-6 · CoEd
  • Dandenong Primary Schoolprimary · Prep-6 · CoEd
  • Dandenong South Primary Schoolprimary · Prep-6 · CoEd
  • Dandenong West Primary Schoolprimary · Prep-6 · CoEd
  • Wooranna Park Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)332 m away
  • Emrah Food Mart524 m away
  • Clow Street Reserve356 m away
  • Dandenong Park581 m away
  • Dandenong Pioneer Memorial Gardens723 m away

Dandenong at a glance

Full suburb profile
Population
30,127
Median age
33
Household income
$1,267/wk
Median rent
$319/wk
Median mortgage
$1,517/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Dandenong price trend

Median sold · House 3 bed

Compound growth +2.4% / yr over 4 yrs

$725kcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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