172 Foster Street, Dandenong, VIC 3175 sold on 04 March 2025 | OnTheHouse
SOLD
Sold on 04 Mar 2025 - Price Unavailable

172 Foster Street
Dandenong VIC 3175

Bedrooms: 5
Bathrooms: 2
Car spaces: 4
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Property Details for 172 Foster St, Dandenong

172 Foster St, Dandenong is a 5 bedroom, 2 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 5 bedroom House sold in Dandenong in the last 12 months.

Building Type
House

Last Listing description (March 2025)

172 Foster Street, Dandenong, presents an exceptional opportunity to acquire a prominent corner property in a dynamic urban setting. Located at the intersection of Foster and New Streets, directly across from Dandenong Plaza, the site benefits from substantial foot and vehicle traffic, offering significant potential for both commercial and residential use.

This property features 5 spacious bedrooms, three toilets, providing ample convenience for a larger household. It includes a double carport with additional space to park 3+ cars, offering plenty of room for vehicles and extra storage. Ideal for families or those with multiple vehicles.

Zoned under Residential Growth Zone 1 with development-friendly provisions, this property is ideally suited for a variety of projects such as apartments, townhouses, medical centres, or commercial spaces, with the potential for up to four levels. Additionally, its location within the Dandenong Declared Project Area offers the advantage of no height restrictions and the possibility of ministerial fast-tracking, enabling the development of larger-scale projects such as 60+ apartments.

The existing double-brick building is well-maintained and offers a versatile layout, featuring high ceilings, large windows, ducted heating, reverse-cycle air conditioning, and integrated Ethernet and PABX systems. These attributes make the building suitable for a range of uses, from professional practices and residential living to mixed-use developments. The property�s main road frontage provides excellent visibility for signage, further enhancing its appeal for commercial use.

With reduced parking requirements under the TZ2 Road designation, this site offers a cost-effective solution for commercial or medical ventures. Located in one of Dandenong�s most accessible areas, with shops, restaurants, a cinema, schools, and public transport all within close proximity, this property is a prime location for investment, development, or occupation.
172 Foster Street represents a rare and valuable opportunity to create a distinctive and high-impact project in Melbourne�s thriving southeastern corridor.

PHOTO ID REQUIRED AT OPEN HOMES.
Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves of any pertinent matter.

Property History for 172 Foster St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
04 Mar 2025
  • 02 Mar 2025
    Sold for $1,075,000
  • 17 Apr 2024
    Listed for Sale Please Contact Agent
  • 18 Apr 1996
    Sold for $172,500
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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. It has 22 parks covering nearly 16.6% of 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 18,433 properties. Over the last 5 years, Houses in Dandenong have seen a 24.78% increase in median value, while Units have seen a 26.18% increase. As at 30 November 2025:

  • The median value for Houses in Dandenong is $802,490 while the median value for Units is $474,527.
  • Houses have a median rent of $523 while Units have a median rent of $460.
There are currently 80 properties listed for sale, and 26 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 931 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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Rohullah Paykari
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Latif Samadi
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LJ Hooker Dandenong City
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.