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Melbourne | Now is the time to Invest, Dandenong$400,000
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Soldapartment

Melbourne | Now is the time to Invest

Dandenong, VIC 3175, Australia
Approximate location shown. Contact agent for exact address.
$400,000
2 bed 1 bath 1 car50 m²

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About this property

Melbourne's property Market is showing strong signs of an upcoming turnaround, making now an ideal time to secure a great entry level investment at the bottom of the growth cycle. With significant government infrastructure spending and ongoing area improvements, the fundamentals support long-term capital growth potential in areas such as Dandenong. With Apartments starting from as little as: $400k for a 1 bed Apartment $530k for a 2 Bed Apartment Talk to us today on why investing in Melbourne right now makes sense. Why Dandenong? Supported by a $290 million commitment from the Victorian Government, the Revitalising Central Dandenong (RCD) initiative is rejuvenating central Dandenong into a vibrant and thriving centre and attractive lifestyle and work destination. Around $700 million has been invested to date, with major Government, retail and residential projects underway as Dandenong's city centre becomes re-established as the economic capital of the South East. Dandenong is a vibrant and diverse community offering a convenient, well-connected lifestyle with everything you need just moments away, yet the pricing is still undervalued. Dandenong | Everything at Your Doorstep - Vibrant community offering a convenient, connected lifestyle - Excellent transport access Dandenong Station, Princes Highway & approx. 39 mins to Melbourne CBD - Enjoy exceptional retail convenience with Dandenong Hub, Dandenong Square, Vanity Court Shopping Centre, Dandenong Market, and Dandenong Junction Shopping Centre all nearby - Healthcare is close at hand with Dandenong Hospital, and local medical centres - Quality schools including Dandenong Primary School, St Mary's Primary, Dandenong High School, and St John's Regional College. Why choose Meridien Invest as your investment property partners? Since 2011 Meridien has neem working with clients to achieve More from their investment property program. Here are some key reasons why you should choose us as your partners for your investment journey. 1. We have access to exclusive opportunities through trusted relationships with reputable builders and developers. These partnerships allow us to consistently deliver homes that stand out, both in design excellence and investment performance, ultimately offering our clients a better investment opportunity ensuring the right fit for you goals and investment strategy. 2. Our services deliver a 'start to end' program that you can rely on and provides you with peace of mind. 3. Our clients come back for more 4. We work with you on an integrated investment program - not just selling you a property Need to know more? Book a time to discuss how to Achieve More with Meridien Invest and plan your investment journey with one of our experienced investment consultants Reach out if you'd like more details on this property or to run the numbers. We are happy to help.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
50 m²
Listed
3 months ago

Repayment calculator

$1,939/month
$970 /fortnight
Loan $320,000 at 6.10% over 30 years

Upfront costs

Deposit$80,000
Stamp duty$19,070
Conveyancing (est.)$2,000
Total upfront$101,070
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 2-bedroom apartment in Dandenong, VIC 3175 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $495,000 median of 61 comparable apartmentswithin 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

  • Langhorne Place (bus)285 m away
  • Print & Design380 m away
  • Unnamed59 m away
  • Dandenong Pioneer Memorial Gardens344 m away
  • Hemmings Park640 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 · Unit 2 bed

Compound growth +6.2% / yr over 4 yrs

$482kcurrent median

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Price history

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