3/55 Potter Street, Dandenong VIC 3175
3/55 Potter Street, Dandenong VIC 3175
3/55 Potter Street, Dandenong – a 3 bedroom, 2 bathroom townhouse with 2 car spaces on a 158 m² lot and 136 m² of internal living area, built in the modern era with contemporary finishes. This compact configuration is well positioned within Dandenongs mid-density housing stock.
It is considered competitively strong in its suburb for offering three bedrooms and two parking bays on a manageable footprint, an arrangement that suits first homebuyers and downsizers seeking low maintenance living. The property sits in a prime location close to lifestyle amenities, and its modern finishes stand out among older townhouse stock in the area. The configuration is typical of the suburb’s newer infill developments but the streamlined design and efficient use of 136 m² of internal space give it an edge for buyers who prioritise move-in condition over large land. The intended buyer is likely to be a young couple or small family wanting convenient access to Dandenong’s services without the upkeep of a detached house.
The property’s value may be influenced by its limited land size which restricts outdoor room and future extension potential. It might also be tempered by a lack of confirmed school catchment boundaries, making families with school aged children more cautious. However the modern interior and walkable location are expected to sustain demand from first homebuyers and downsizers keeping price outcomes stable within this niche.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/55 Potter Street, Dandenong VIC 3175
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
2
Income Risk
1
Execution Risk
2
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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
3
Bathroom
2
Parking
2
Land
158m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
·
Reviewed by Matt Proctor, Principal Analyst
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