1-5 Eltham Street, Dallas, VIC 3047 | Property Value & History | OnTheHouse
 
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1-5 Eltham Street
Dallas VIC 3047

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1982m2
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Property Details for 1-5 Eltham St, Dallas

Building Type
Land
Land Size
1982m2
Local Government
Hume
Lot/Plan
CP103829

Last Listing description (August 2023)

Savills is delighted to offer for sale this established child care facility located at 1-5 Eltham Street, Dallas.

Key attributes of the property include:


73 place child care investment
Substantial 1,983sqm* landholding offering expansion potential
Long term lease to Dallas Early Learning Centre commenced August 2020
Income of $174,836pa* + GST and outgoings as of August 2023
Rental offers significant upside with the return reflecting a low $2,395 per place
Potential to increase number of places (STCA)
Fixed 3% annual rent increases
20 education facilities within 2 kilometres* including 9 primary schools
Walking distance to Broadmeadows Central Shopping Centre
Only 15km* from Melbourne's CBD

*Approximate

For Sale

For further information please contact:

Julian Heatherich - 0412 995 655
Benson Zhou - 0458 488 888
Tanya Su - 0430 302 950

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Property History for 1-5 Eltham St, Dallas, VIC 3047

A timeline of how this property has performed in the market
Last Sold
$1,578,000
16 Sep 2019
  • 15 Jun 2023
    Listed for Sale Contact the Melbourne Child Care Experts
  • 16 Sep 2019
    Sold for $1,578,000
  • 18 Aug 2008
    Sold for $552,750
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About Dallas 3047

The size of Dallas is approximately 2.3 square kilometres. It has 6 parks covering nearly 10.0% of total area. The population of Dallas in 2016 was 6810 people. By 2021 the population was 6762 showing a population decline of 0.7% in the area during that time. The predominant age group in Dallas is 0-9 years. Households in Dallas are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Dallas work in a trades occupation.In 2021, 62.90% of the homes in Dallas were owner-occupied compared with 60.40% in 2016.

Dallas has 2,591 properties. Over the last 5 years, Houses in Dallas have seen a 27.49% increase in median value, while Units have seen a 23.42% increase. As at 31 March 2026:

  • The median value for Houses in Dallas is $660,555 while the median value for Units is $512,299.
  • Houses have a median rent of $500 while Units have a median rent of $440.
There are currently 8 properties listed for sale, and 4 properties listed for rent in Dallas on OnTheHouse. According to Cotality's data, 118 properties were sold in the past 12 months in Dallas.

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