4 Grace Avenue, Dandenong, VIC 3175 | House for sale | OnTheHouse
 
FOR SALE
$890,000 - $990,000

4 Grace Avenue
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 738m2
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Substantial Landholding Live, Invest or Develop (STCA)

Set on a substantial 738sqm (approx.) allotment in a well-established pocket of Dandenong, this versatile property presents an outstanding opportunity for developers, investors and land bankers alike, with potential to build up to four units/townhouses (STCA).
The existing residence offers comfortable accommodation comprising three bedrooms, multiple living zones including formal living and rumpus areas, a functional kitchen with adjoining meals space, central bathroom, separate WC and dedicated laundry - ideal for immediate rental return while future plans are explored.
Outdoors, the expansive backyard and generous land dimensions provide excellent scope for redevelopment. A long driveway leads to a secure garage and substantial workshop, adding further flexibility and practicality.
Whether you choose to renovate, lease out or redevelop, this prime parcel delivers both immediate usability and significant future upside.
Key Features:
-Land size approximately 738sqm
-Potential to build four units/townhouses (STCA)
-Existing three-bedroom home
-Multiple living zones
-Secure garage plus large workshop
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Property Details for 4 Grace Ave, Dandenong

4 Grace Ave, Dandenong is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 738m2. The place is currently for sale with LJ Hooker Dandenong City.

Building Type
House
Land Size
738m2
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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. There are 22 parks, covering nearly 16.6% of the total area. The population of Dandenong in 2016 was 29906 people. By 2021 the population was 30127 showing a population growth of 0.7% in the area during that time. The predominant age group in Dandenong is 30-39 years. Households in Dandenong are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dandenong work in a trades occupation.In 2021, 43.10% of the homes in Dandenong were owner-occupied compared with 39.70% in 2016.

Dandenong has 18,516 properties. Over the last 5 years, Houses in Dandenong have seen a 3.80% increase in median value, while Units have seen a 12.85% increase. As at 31 August 2026:

  • The median value for Houses in Dandenong is $743,896 while the median value for Units is $470,984.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 74 properties listed for sale, and 26 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 899 properties were sold in the past 12 months in Dandenong.

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Ali Rahimi
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Rohullah Paykari
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LJ Hooker Dandenong City
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