12 Grant Street, Dandenong VIC 3175

12 Grant Street, Dandenong VIC 3175
3 bed house on 738sqm | 110sqm internal | renovated family home | Dandenong established pocket | $500+ rent estimate This property presents as a well-configured family home on a notably larger block than is typical for its immediate area, offering a combination of internal space and substantial outdoor area that is increasingly uncommon in this part of Dandenong. The renovation described adds functional value, and the inclusion of air conditioning and heating suggests year-round comfort. The land size alone gives this house a structural advantage over newer, smaller infill product, and the rental estimate indicates solid income potential. It is best suited to an owner-occupier family seeking room to grow, or an investor looking for a property with both immediate rental return and longer-term land-value upside. The 738sqm land component may carry redevelopment potential, though this would require confirmation of zoning and council policy. The single bathroom is a constraint for families or tenants who expect more, and the 2009 sale date without recent transaction data means market movement since then is not directly observable. The yield of approximately 3.2% is moderate and may be influenced by the property’s condition and street position. Prospective buyers should weigh the value of the large block against the need for possible updates to the bathroom or kitchen over time.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 12 Grant Street, Dandenong VIC 3175
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

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.
WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat

PropCred Estimated Value

Bedrooms

3

Bathroom

1

Parking

1

Land

738mยฒ

Assessments Delivered Today

WhatsApp
Copy link
URL has been copied successfully!
FbMessenger
WeChat