251 Thomas StreetDandenong VIC 3175
Property Details for 251 Thomas St, Dandenong
Last Listing description (June 2020)
First time offered for sale in a very long time, this premises is set on busy Thomas Street in the Afghan Market precinct. Tenanted until the end of December 2021 with a further term of five years available for the current tenant. The tenant of this shop also operates the shop next door at 253 Thomas Street through an opening that has been in existence for many years. The shop has its own toilet and rear access to parking at the rear of the shop as well as parking at the front in Thomas Street. Inspection by appointment only. Ring Wendy Rechter 0419 548 503 for further information.
Property History for 251 Thomas St, Dandenong, VIC 3175
- 27 Jul 2020Sold for $600,000
- 09 Oct 2019Listed for Sale $780,000 Plus GST is applicable
- 07 Feb 1996Sold for $116,000
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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.
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