The median price for a house on October 17, 2017 was $607,000. A unit median price at the same time was $430,888. This year has seen 286 home sales and 32 apartments sales. There has been 196 three bedroom houses sold in 2017. Houses spend approximately 30 days on the market. For units the sales turnaround is 51 days. There are currently more buyers than sellers for both houses and units. These type of properties are rated as good by the Demand to Supply ratio. Vendors are getting their advertised property price.
The 12 month capital growth is at 15.00% for houses and 12.00% for units. The average annual property growth has been 8.84% for houses and 7.86% for units. The gross rental yield is 3.13% for houses and for apartments it is 3.71%.
House prices and weekly rent returns in Dandenong North
2 bedroom home $475,500 Rent per week $300
3 bedroom home $595,000 Rent per week $350
4 bedroom home $671,000 Rent per week $400
Unit prices and weekly rent returns in Dandenong North
1 bedroom unit No Data Rent per week $240
2 bedroom unit $395,000 Rent per week $295
3 bedroom unit $485,000 Rent per week $370
Free Real Estate Appraisal Dandenong North
Are you selling you house or unit? Do you own a block of land that you want to know its market value? Our real estate agents give free property appraisals on land, units, apartments, villas and houses. We value a property on its location to schools, shops, public transport and amenities. The size of the property and the land it is on is appraised to give the final market price. Our market report will be delivered quickly and in a professional manner.
Free Rental Appraisal Dandenong North
Do you need a rental manager for your investment property? Or, are you moving but want to rent out your home? Our property management team will provide a free rental appraisal for your home. We appraise houses, apartments and units. We base our calculations on recent rental history together with the location of the property to amenities, schools and shops including transport. We build a relationship with the owner and maximise their return on investment. Our goal it satisfy both owner and tenant. We work within the guidelines of the Tenancy Act at all times. Each tenant is security checked and they are made clear as to their lease agreement with us.
Property Valuation Dandenong North
Do you want you property valued? There is a difference between a valuation and an appraisal. A property valuation is conducted by a qualified valuer and has a fee attached. An appraisal can be conducted by any real estate sales person. We provide appraisals for free. If you need a valuation because you are buying or selling or for other reasons we can put you in touch with the right people.