11/23 Edith Street, Dandenong VIC 3175

2-bedroom apartment | Dandenong heart | 5.3% rental yield | 7.8% suburb growth This unit offers a rare combination of strong rental yield and central walkability, making it a compelling entry point for an investor seeking dependable cash flow in a growth corridor. The 5.3% yield is above average for the area, and the 7.8% suburb growth signals improving demand. Air conditioning and intercom are practical additions that reduce vacancy risk. This property best suits a yield-focused investor comfortable with a standard two-bedroom configuration in a busy suburban centre. The main risk is the apartment’s position within a larger block, which may limit capital growth compared to standalone houses. The buyer accepts that appreciation will be driven by suburb fundamentals rather than land value. Commercially, the strong rental income offsets this, and the property’s location near amenities supports consistent tenant demand. Hold for income, not speculative gain.