313 Gladstone Road, Dandenong North VIC 3175
313 Gladstone Road, Dandenong North VIC 3175
5-bed house on 723m² | three living areas | two ensuites | 1970 build suits renovation | strong family & land-value demand
This property is considered a competitively strong offering within its suburb due to its five-bedroom layout on a 723-square-metre block, a configuration that is rarely found in established middle-ring areas. The three living areas and two ensuites are designed to accommodate large or multigenerational households, while the 1970 brick-veneer construction is positioned as a renovation opportunity or a long-term land play. It is best suited to buyers who prioritise space over recent finishes – families needing multiple bedrooms or those seeking a block with future potential. The property sits in a detached-house environment where larger parcels are becoming less common, making its generous dimensions a notable advantage.
The 1970 build age may require capital for updates to modern standards, which could influence immediate value perception. The land size might support future subdivision or extension, though no development signals are confirmed from available information. Family-buyer demand may be moderated if school catchments are not clearly established but the internal space and parking remain compelling. Price formation is likely to reflect a balance between the property’s rare proportions and the condition expectations of the current market.
Detailed Independent Property Report prepared by PropCred Analyst team for 313 Gladstone Road, Dandenong North VIC 3175
Checks found:
Value Risk
1
Liquidity Risk
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Dandenong North presents as a stable, mid-tier market with solid fundamentals. Demand is supported by steady transaction volumes and a robust rental market, particularly for units. Recent price growth for houses has been consistent, with a stable sales environment. Future prospects are underpinned by significant local infrastructure investment, which is expected to enhance the area’s urban fabric and appeal over the medium term.
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PropCred Estimated Value
Bedrooms
5
Bathroom
3
Parking
2
Land
723m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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