20 Olive StreetDandenong VIC 3175
Property Details for 20 Olive St, Dandenong
Last Listing description (October 2024)
An unbeatable location with high walkability and a large allotment of land make this address a developer's delight, presenting blank canvas appeal limited only by your imagination. The existing three-bedroom residence with generous dimensions serves as the skeleton structure, ready to be transformed to suit your specific needs.
Set on a flat rectangular bock of land at a whopping 851sqm (approx.), and located in a Residential Growth Zone, this is prime real estate ready to bring forth the many possibilities that will provide great return for your sound investment. Restore, redesign, redevelop or knock it down to build your own fantastic home or as many as 5 to 6 townhouses (STCA). The choice is yours!
Ideally positioned to enjoy the proximity to the exotic sights, smells, fresh produce, clothing and foods of the Dandenong Market, parks, shops, cafes, restaurants, Dandenong Plaza, Dandenong Hospital, Melbourne Water Recreation Area, public transport and more.
A golden opportunity for an investor or developer to capitalise on an enormous block of land in a bustling cosmopolitan hub of South Eastern Melbourne.
Property History for 20 Olive St, Dandenong, VIC 3175
- 08 Jul 2024Sold for $860,000
- 10 May 2024Listed for Sale $850,000 - $935,000
- 01 Mar 2018Listed for Rent - Price not available
Recent sales nearby
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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 18,436 properties. Over the last 5 years, Houses in Dandenong have seen a 22.19% increase in median value, while Units have seen a 23.88% increase. As at 31 January 2026:
- The median value for Houses in Dandenong is $805,248 while the median value for Units is $480,517.
- Houses have a median rent of $530 while Units have a median rent of $460.
Suburb Insights for Dandenong 3175
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