31 Haresta Avenue, Dandenong VIC 3175
31 Haresta Avenue, Dandenong VIC 3175
4-bedroom detached house | 636mยฒ land in Dandenong | Sold for $786,000 in 2022 | Quiet locale with gardens | Single bathroom constraint
This property is competitively positioned as a spacious detached house on a land size that supports family living or future redevelopment potential. Its four-bedroom configuration on a 636mยฒ block is rare for a standard suburban offering, making it attractive to owner-occupiers seeking room to grow or value-add buyers eyeing land-banking opportunities. The quiet locale with fruit and veggie gardens adds lifestyle appeal, though the single bathroom may limit its immediate appeal to larger families. This property best serves buyers who prioritize land size over turnkey finishes.
The single bathroom may materially affect value for buyers requiring multiple bathrooms, potentially narrowing the pool of interested parties. The 2022 sale price of $786,000 provides a recent transaction benchmark, but current market conditions or renovation needs might shift perceived value. The discrepancy between 3 and 4 bedrooms across listings could create confusion or negotiation leverage. Zoning or development potential, if favorable, might enhance value beyond the current house form, but this remains unverified. Buyers should weigh the cost of adding a bathroom against the property’s land value.
Detailed Independent Property Report preparedย by PropCred Analyst team forย 31 Haresta Avenue, Dandenong VIC 3175
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.