48 Mccrae StreetDandenong VIC 3175
Property Details for 48 Mccrae St, Dandenong
Last Listing description (November 2017)
Unbeatable location opposite the Dandenong Plaza located in the ever changing and always evolving central Dandenong. Three separate tenancies, all highly lettable areas. The perfect investment now and plan to develop down the track (STCA).
- 1,077sqm Land area
- Comprehensive Development Zone 2
- Currently returning $121,588 net per annum plus GST and outgoings
- Located moments from Dandenong Plaza, Dandenong Council, Lonsdale Street, Dandenong train station and Princes Highway
- Unbeatable opportunity a strong income today and master plan the site for the future
Tenancy details:
Shop 1:-
-Building area 115sqm
- $37,790pa plus GST and outgoings paid by Key Graphics with equivalent of 1 month bond
- Leased securely on 5 year lease with options
Shop 2:-
- Building area 115sqm
- $35,760pa plus GST and outgoings
Shop 3:-
- Building area 215sqm
- $48,038pa plus GST and outgoings
Property History for 48 Mccrae St, Dandenong, VIC 3175
- 04 Jun 2024Sold for $2,400,000
- 29 Aug 2017Sold for $2,175,000
- 21 Jul 2017Listed for Sale $2,000,000 - $2,200,000
Recent sales nearby
See more recent sales nearby/assets/perm/kgj3ysww4ui6nmos6mdqwvkcvy?signature=ae976ca5fe32112e525df3e20a022fbc4be16f8e80954072b01ccaf9792030a3){kind=logo}
0
/assets/perm/7lc3kf63yui6nokosh3a5h2fcu?signature=959420c8f918a4c936d815a9115042deb5d0f10b10ea7576d761264f76f15ac7){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
0
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 5.54% increase in median value, while Units have seen a 17.87% increase. As at 30 June 2026:
- The median value for Houses in Dandenong is $756,008 while the median value for Units is $483,696.
- Houses have a median rent of $570 while Units have a median rent of $478.
Suburb Insights for Dandenong 3175
Market Insights
Dandenong Trends for Houses
N/A
N/A
View TrendN/A
N/A
Dandenong Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
