1759 Dandenong Road, Oakleigh East VIC 3166
1759 Dandenong Road, Oakleigh East VIC 3166
Large 739m² family block | 5-bed flexible layout | Walk to Oakleigh amenities | Busy-road trade-off
This house offers a rare combination on the Dandenong Road corridor: a genuinely large 739m² allotment with a five-bedroom-capable layout. The formal dining room converts easily to a fourth or fifth bedroom, giving growing families or those needing a home office real flexibility without renovation. The practical kitchen, light-filled lounge, and two toilets suit everyday living, while the spacious backyard provides room for children, pets, or future extension—subject to council approval. With Amsleigh Park Primary School just 300 metres away and South Oakleigh College within three kilometres, this property serves family buyers seeking space, proximity to Oakleigh’s shopping and dining precinct, and a landholding that holds long-term potential.
The main value consideration is the Dandenong Road location, which brings traffic exposure and associated noise compared to quieter side streets—this may temper some buyer enthusiasm. The house appears functional rather than premium, with no evidence of recent renovation or high-spec finishes, meaning its appeal rests on land size and layout adaptability. Parking is adequate but not generous at one carport and two off-street spaces. The 739m² block, however, offers meaningful upside for those considering extension, landscaping, or future redevelopment, which may justify interest from land-bank buyers and investors alongside families.
Detailed Independent Property Report prepared by PropCred Analyst team for 1759 Dandenong Road, Oakleigh East VIC 3166
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
2
Income Risk
2
Execution Risk
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Market Insight
Oakleigh East, in Melbourne’s southeast, is a family-dominated market with professionals in their 20s and 30s driving demand. Proximity to Monash University and the Clayton tech precinct, plus a 5.59% population rise since 2016, supports a tight market: 116 house sales in the past year against 32 listings. House prices show mixed signals, with most sources around $1.2m and annual growth ranging from -1.1% to +8.2%; units sit near $850k, up 4%. Rental demand is firm—32% of residents rent, house rents rose 14.5%—but gross yields are thin at 2.73%. Future growth hinges on continued employment-led migration, while affordability constraints and rate sensitivity temper upside, evidenced by days on market stretching to 87.
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PropCred Estimated Value
Comparable Sales: 4/1805 Dandenong Road sold Apr 2018, 3-bed townhouse, undisclosed price | Property Price Band: $1.2M–$1.3M | Value Drivers: land size, flexible layout, proximity to schools and amenities
Bedrooms
3
Bathroom
2
Parking
1
Land
739m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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