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.
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.
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.
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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:
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