309 Lonsdale Street, Dandenong, VIC 3175 | Property Value & History | OnTheHouse
OFF MARKET

309 Lonsdale Street
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 815m2
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Property Details for 309 Lonsdale St, Dandenong

Building Type
Commercial
Land Size
815m2
Local Government
Greater Dandenong

Last Listing description (April 2022)

Gross Waddell ICR is pleased to offer this centrally located retail property in the heart of Dandenong's evolving CBD precinct, as part of the 'Signature Auction Portfolio'.

https://gwicrsignatureauctionseries.com.au/

Centrally located retail property in the heart of Dandenong's CBD

Positioned on the western side of Lonsdale Street (Princes Highway) and within the heart of the revitalised Dandenong's CBD

Single level retail premises of 205 sqm* being offered with vacant possession giving buyers the ultimate flexibility

Land area of 285 sqm* allowing for future expansion or redevelopment (STCA)

Rear access to the property via R.O.W.

Surrounded by an array of retail and commercial services including Dandenong Market, Dandenong Plaza and Dandenong's Government, Financial and Legal Services precinct

Prominent frontage to the recently refurbished Lonsdale Street retail precinct

High pedestrian and drive-by traffic flows

The City of Greater Dandenong is considered the regional capital of the south-east

The property is to be sold via Public Auction as part of the 'Signature Auction Portfolio' and held at Leonda by the Yarra from 11 am on Thursday the 7th of April 2022. For further information or to organise an inspection, please contact Gross Waddell ICR directly.

*Approx.

Property History for 309 Lonsdale St, Dandenong, VIC 3175

A timeline of how this property has performed in the market
  • 11 Mar 2022
    Listed for Sale Contact Agent
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About Dandenong 3175

The size of Dandenong is approximately 11.3 square kilometres. There are 22 parks, covering nearly 16.6% of the 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 18,525 properties. Over the last 5 years, Houses in Dandenong have seen a 3.80% increase in median value, while Units have seen a 12.85% increase. As at 31 August 2026:

  • The median value for Houses in Dandenong is $743,896 while the median value for Units is $470,984.
  • Houses have a median rent of $570 while Units have a median rent of $490.
There are currently 82 properties listed for sale, and 24 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 875 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.