7/19 Close Avenue, Dandenong VIC 3175
7/19 Close Avenue, Dandenong VIC 3175
2 bed 2 bath apartment | north-facing balcony | secure basement parking | walkable to station and market
This apartment offers a configuration that is notably stronger than much of the older stock in Dandenong, with two bathrooms and secure basement parking being genuine advantages for both owner-occupiers and tenants. The north-facing balcony and front upstairs position provide natural light and a sense of separation from the street, which is less common in this price tier. The updated kitchen with induction cooktop and dishwasher, along with split-system cooling and laminated timber floors, suggests the interior has been modernised to a standard that avoids the deferred maintenance typical of older units. This property is best suited to first-home buyers or downsizers who want low-maintenance living within walking distance of Dandenong’s retail core, train station, and market precinct, where convenience is the primary draw rather than a quiet suburban setting.
The 72 square metre floor area is modest, and the lack of a private outdoor space beyond the balcony may feel constrained for those accustomed to a yard or courtyard. The property sits on a strata lot within a larger site, meaning owners share responsibility for common areas and building insurance, which is a factor to consider when assessing ongoing costs. Proximity to the station and plaza is a convenience, but the immediate pocket is apartment-focused rather than leafy, so the surrounding character may not appeal to buyers seeking a more suburban feel. The rent estimate of around $490 per week provides a yield indicator, though actual rental returns will depend on tenant demand at the time of leasing.
Detailed Independent Property Report prepared by PropCred Analyst team for 7/19 Close Avenue, Dandenong VIC 3175
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
1
Income Risk
Execution Risk
1
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Market Insight
Dandenong is a major commercial hub undergoing significant urban renewal, positioning it as a more affordable entry point to Melbourne’s southeast. Demand is being driven by buyers seeking value and new lifestyle amenities, with strong sales activity particularly for units. The market shows solid recent price growth, supported by robust transaction volumes. Future growth is underpinned by major residential and cultural redevelopments in the central precinct, though relative household income levels present a key affordability consideration.
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PropCred Estimated Value
Bedrooms
2
Bathroom
2
Parking
1
Land
829m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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