212 Old Dandenong RoadHeatherton VIC 3202
Property Details for 212 Old Dandenong Rd, Heatherton
Last Listing description (June 2022)
Don't miss out on a superb opportunity to purchase this approx. 4.2 acres block located only 20km to CBD and less than 5km to the beach. Blessed with excellent main road exposure and proximity to Moorabbin, Dingley, Clayton South & Clarinda. Currently tenanted with several streams of income from the fruit & vegetables supermarket, plant nursery, 4 bedroom & 3 bathroom residential home and multiple sheds, netting a substantial ROI of 5%, plus room for further income avenues if desired. Potential for massive future growth and development on a large scale (stca) down the road. Suits astute investors looking to land bank while receiving a steadily growing income stream or a visionary developer. Get in before the competition.
Property History for 212 Old Dandenong Rd, Heatherton, VIC 3202
- 11 Apr 2022Sold for $4,760,000
- 13 Jan 2021Listed for Sale Not Disclosed
- 26 Jul 2018Listed for Sale Contact Agent
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0About Heatherton 3202
The size of Heatherton is approximately 7.0 square kilometres. It has 20 parks covering nearly 33.1% of total area. The population of Heatherton in 2016 was 2907 people. By 2021 the population was 2826 showing a population decline of 2.8% in the area during that time. The predominant age group in Heatherton is 40-49 years. Households in Heatherton are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Heatherton work in a professional occupation.In 2021, 71.10% of the homes in Heatherton were owner-occupied compared with 70.60% in 2016.
Heatherton has 1,397 properties. Over the last 5 years, Houses in Heatherton have seen a 25.10% increase in median value, while Units have seen a 27.52% increase. As at 31 December 2025:
- The median value for Houses in Heatherton is $1,197,094 while the median value for Units is $860,381.
- Houses have a median rent of $798 while Units have a median rent of $550.
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