Dandenong — Houses

NEUTRAL
VIC 3175 House Rank #136 of 274 in Melbourne
$779K
Median House Price · recent comparable sales
DEMAND LIQUIDITY AFFORD GROWTH YIELD SUPPLY
VERDICT
NEUTRAL
DEMAND
29 buyers/listing
Neutral
LIQUIDITY
29d DOM
Neutral
AFFORDABILITY
7.7% vs 5yr
Neutral
GROWTH OUTLOOK
Below average
Weak
YIELD
3.8%
Neutral
SUPPLY PRESSURE
1.3% vacancy
Strong
#136/274 Below average Structure 24 $779K

Atlaso rates Dandenong houses as HOLD. Average growth outlook. Vacancy remains tight at 1.3%, but conviction is not high enough for a BUY rating. Better houses options may be available in Melbourne.

At $779K, Dandenong ranks #136 of 274 houses in Melbourne. The long-term structural outlook is Below average. Properties sell in 29 days.

OPPORTUNITY ENGINE

Structural opportunity remains selective at this price level.

5 stronger-positioned houses identified in Melbourne.

Dandenong Price History

All houses · monthly median sale price

Market Intelligence

What's Happening Now

Shifting to Buyers Early signs of easing. Monitor for entry.
-4.5%
Asking Prices (3mo)
+4.3%
Rents (12mo)
1.2%
Vacancy
32%
Fresh Stock (<30d)

House Asking Prices (12 months)

$749K

House Weekly Rents (12 months)

$596/wk

Vacancy Rate (24 months)

--- 1.5% tight --- 3.0% loose

Listing Age (12 months)

Fresh (<30d) 30-60d 60-90d 90-180d 180d+

Data for postcode 3175.

Suburb Profile

Dandenong at a Glance

SEIFA Index
2/10
Below average
Household Income
$1,313/wk
Median household
Median Age
36
Years
Mortgage Stress
29%
of income
Population Growth
+1.4%
vs state +2.2%
Ownership Mix
25.1% owned 25.2% mortgage 44.5% renting

Demographic Trends

Dandenong Over Time

Median Household Income (Census)

Population Growth Rate (Census)

Dwelling Composition (Census)

Rental Yield History

Census data: ABS. Yield series: weekly market data.

Full Dandenong Analysis

Access the full structural analysis, fair value estimate, bedroom-level pricing, and supply intelligence.

3-Year Structural Outlook Strong
Conviction Level High
Fair Value Gap X.X% undervalued
3-Bed House Price $X,XXX,XXX
Gross Yield X.X%
Weekly Rent $XXX
SEIFA Decile X/10
Building Approvals XX dwellings

Frequently Asked Questions

Is Dandenong a good suburb to invest in?
Atlaso rates Dandenong as HOLD confidence for capital growth. In our out-of-sample testing, 90% of our STRONG BUY suburbs grew more than 8% annually. Our model analyses price trends, volume, demographics, and market conditions across Dandenong and 46 Australian cities to generate this rating.
What is the median house price in Dandenong?
The current median house price in Dandenong, vic is $779K, with annual growth of +6.0%. Properties sell in approximately 29 days.
How fast do properties sell in Dandenong?
Properties in Dandenong sell in 29 days on average. The market is currently rated Below average. This is in line with the broader market.
What is the growth outlook for Dandenong?
Atlaso's model analyses 23 structural signals including price history, volume trends, yields, and vacancy to rate Dandenong's growth potential. The model predicts whether a suburb is likely to outperform, not by how much. Our ratings have been validated across 46 Australian cities, with 90% of top-rated suburbs growing more than 8% a year.
What is the rental yield in Dandenong?
The gross rental yield for houses in Dandenong is 3.8%. This is in line with the broader market average.

Want to compare suburbs?

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Important: Atlaso provides general research information only and does not constitute personal financial advice, property advice, or a recommendation to buy, sell, or hold any property. Suburb scores, growth ratings, rental yield estimates, and market signals are based on quantitative models using historical data. They are not guarantees of future performance. Property values can fall as well as rise. You should seek independent licensed financial and property advice before making any investment decision. Atlaso Pty Ltd (ABN 84 696 036 469) is not a licensed financial adviser and does not hold an Australian Financial Services Licence (AFSL).