57-59 Stud Road, Dandenong, VIC 3175 | Property Value & History | OnTheHouse
OFF MARKET

57-59 Stud Road
Dandenong VIC 3175

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 1460m2
Land area: 1468m2
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Property Details for 57-59 Stud Rd, Dandenong

Building Type
Unknown
Floor Size
1460m2
Land Size
1468m2
Local Government
Greater Dandenong
Lot/Plan
CP106560

Last Listing description (April 2021)

+ New 15 year net lease to CREST Childrens Sanctuary to 2036
+ Two further 10 year options to 2056
+ CREST Childrens Sanctuary: private operator with 8 years industry experience across multiple locations and family within industry for 20+ years

+ Tenant pays all outgoings including land tax
+ Desirable fixed 3% annual rent increases
+ Impressive 762 sqm double storey educational facility, licensed for 111 LDC places
+ Prime 1,474 sqm main road site, with 32,000+ vehicles passing daily
+ Strategically positioned metres from Dandenong Hospital, Dandenong Market and 28km from the Melbourne CBD
+ Childcare/Early Education is an essential service and one of Australias most sought-after asset classes, with the Federal Government spending an estimated $8.6 billion on the sector in the 2019/20 financial year
+ Net Income: $388,500 pa + GST and outgoings

For Sale by Investment Portfolio Auction
10:30am (AEDT) Wednesday 31 March 2021

Property History for 57-59 Stud Rd, Dandenong, VIC 3175

A timeline of how this property has performed in the market
Last Sold
$7,630,000
31 Mar 2021
  • 31 Mar 2021
    Sold for $7,630,000
  • 10 Mar 2021
    Listed for Sale Price on Request
  • 19 May 2017
    Listed for Sale FOR SALE
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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 18,462 properties. Over the last 5 years, Houses in Dandenong have seen a 10.11% increase in median value, while Units have seen a 19.52% increase. As at 30 April 2026:

  • The median value for Houses in Dandenong is $782,791 while the median value for Units is $477,468.
  • Houses have a median rent of $550 while Units have a median rent of $470.
There are currently 71 properties listed for sale, and 29 properties listed for rent in Dandenong on OnTheHouse. According to Cotality's data, 970 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.