5 Lexton Avenue, Dandenong, VIC 3175 sold on 25 August 2026 | OnTheHouse
 
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Sold on 25 Aug 2026 for $659,000

5 Lexton Avenue
Dandenong VIC 3175

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 91m2
Land area: 667m2
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Property Details for 5 Lexton Ave, Dandenong

5 Lexton Ave, Dandenong is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 667m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 3 bedroom House sold in Dandenong in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
91m2
Land Size
667m2
Local Government
Greater Dandenong
Lot/Plan
33/LP44825

Last Listing description (August 2026)

Hockingstuart Dandenong proudly presents an exceptional opportunity to secure a substantial 687sqm (approx.) allotment in one of Dandenong's most convenient and well-connected locations.

Whether you're a first home buyer, investor, developer or land banker, this versatile property offers immediate rental income together with exciting future development potential. Zoned General Residential Zone Schedule 1 (GRZ1), the property provides scope for a dual occupancy or multi-dwelling development (STCA).

Currently tenanted at $1,977 per calendar month**, the property generates an immediate return while future plans are considered.

The existing home comprises three bedrooms, a central bathroom, spacious lounge and a functional kitchen with adjoining meals area featuring gas cooking. A split system heating and cooling unit provides year-round comfort, while the expansive backyard offers plenty of space and future possibilities.

Property Features:

* Approx. 687sqm allotment
* General Residential Zone Schedule 1 (GRZ1)
* Potential dual occupancy or redevelopment opportunity (STCA)
* Currently leased at $1,977 per calendar month
* Three bedrooms
* Central bathroom
* Spacious lounge room
* Kitchen with adjoining meals area
* Gas cooking appliances
* Split system heating and cooling
* Large backyard with future development potential

Location Highlights:

* Minutes to Dandenong Station
* Close to Dandenong Square shopping centre
* Near Dandenong Market and local cafes
* Easy access to Princes Highway and EastLink
* Close to schools, childcare and public transport
* Convenient access to Melbourne CBD and surrounding suburbs

Invest, Develop or Move In Later

Large landholdings with development potential are becoming increasingly difficult to find in Dandenong. With strong demand for quality housing and continued growth throughout Melbourne's south-east, this property represents an outstanding opportunity to secure a sizeable parcel of land with immediate rental income and future upside.

Whether you're looking for your first investment, a future development project or a land banking opportunity, 5 Lexton Avenue offers the flexibility and potential to suit a range of buyers.

**Inspect today and explore the possibilities.**

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Property History for 5 Lexton Ave, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$659,000
25 Aug 2026
Listed for Rent
$275/w
23 Feb 2021
  • 25 Aug 2026
    Sold for $659,000
  • 26 Jun 2026
    Listed for Sale $659,000
  • 07 Feb 2024
    Listed for Rent $400 / week
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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 18,518 properties. Over the last 5 years, Houses in Dandenong have seen a 3.55% increase in median value, while Units have seen a 12.58% increase. As at 31 July 2026:

  • The median value for Houses in Dandenong is $747,409 while the median value for Units is $474,259.
  • Houses have a median rent of $570 while Units have a median rent of $480.
There are currently 76 properties listed for sale, and 24 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 937 properties were sold in the past 12 months in Dandenong.

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© 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.

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