4/39 Scott Street, Dandenong VIC 3175
4/39 Scott Street, Dandenong VIC 3175
A modern two-bedroom unit with one bathroom and one car space, built in 2012. The internal area is 77 square metres on a shared 822 square metre lot within a complex of sixteen properties.
This unit is competitively positioned as a modern, low-maintenance option in a suburb with a significant proportion of older housing stock. The 2012 build year, combined with a modern kitchen, quality appliances, and a dedicated outdoor entertainment area, makes it a rare find for buyers seeking contemporary finishes without the premium of a new development. It is best suited to young professionals, small families, or investors prioritising proximity to Dandenong city centre, schools, and shopping. The bright, open-plan living area enhances its appeal, and the complex’s established nature means the surrounding neighbourhood character is already set.
The internal area of 77 square metres is compact, which may limit appeal for buyers seeking more generous living spaces. The single parking space could be a constraint for households with multiple vehicles. The property’s value may be influenced by the fact that it sits on shared land within a sixteen-property complex, which can affect perceived exclusivity and future capital growth potential. Buyers should weigh these factors carefully when forming a view on price, particularly given the gap between the listing price and other indicators of market value in the immediate area.
Detailed Independent Property Report prepared by PropCred Analyst team for 4/39 Scott Street, Dandenong VIC 3175
Checks found:
Value Risk
Liquidity Risk
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
2
Bathroom
1
Parking
1
Land
822m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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