285 Thomas Street, Dandenong, VIC 3175 | Property Value & History | OnTheHouse
OFF MARKET

285 Thomas Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 2642m2
Land area: 2649m2
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Property Details for 285 Thomas St, Dandenong

Building Type
Land
Floor Size
2642m2
Land Size
2649m2
Local Government
Greater Dandenong
Lot/Plan
2/PS601181

Last Listing description (April 2021)

SETTING A NEW STANDARD IN URBAN LIVING

CBRE offers to the market a unique opportunity to acquire one of southeastern Melbourne's premier mixed use development sites, 285 Thomas Street, Dandenong.

The property is offered with plans and development scheme for a 12 level mixed use development featuring;

- 198 residential apartments
- Ground, first and second floor retail / commercial

285 Thomas Street is located within the central Dandenong CBD, which is currently undergoing a $290 million state funded revitalisation of the precinct and is expected to have in excess of $1 billion invested by the private sector over the next 15 years.

The property is ideally located 100m* to Lonsdale Street retail precinct, 200m* to the Dandenong Market, 500m* from the upgraded Dandenong train station and approximately 24km* from Melbourne's CBD (45 mins by train).

For Sale through exclusive agents, CBRE - +61 3 8621 3333.

*Approximate

Property History for 285 Thomas St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$4,180,000
19 May 2015
  • 19 May 2015
    Sold for $4,180,000
  • 03 Sep 2014
    Listed for Sale Not Disclosed
  • 30 Oct 2010
    Listed for Sale $2,200,000
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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 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 81 properties listed for sale, and 35 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 901 properties were sold in the past 12 months in Dandenong.

Suburb Insights for Dandenong 3175

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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.