Dandenong at a glance
32,363
People
$755,000
Median sale
$463/wk
Median rent
3.19%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
VIC › Dandenong › Stanhope St
For sale
For sale
8
Bedrooms
3
Bathrooms
5
Car spaces
693 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
No recorded sale price for this property yet.
Dandenong at a glance
32,363
People
$755,000
Median sale
$463/wk
Median rent
3.19%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $463/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Dandenong at a glance
32,363
People
$755,000
Median sale
$463/wk
Median rent
3.19%
Suburb gross yield
Median sale from 57 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Grand Real EstateInvestment Summary:
8 Lettable Rooms (Including 1 Ensuite Room)
Fully Tenanted – 100% Occupancy
Total Weekly Income: Approx. $2,490
Approx. Annual Gross Income: $129,000+ p.a.
Fully Licensed & Compliant Rooming House (VIC)
All-Inclusive Rental Model (Utilities Included)
Strong Ongoing Tenant Demand (Daily Enquiries)
Large Land Size: 690sqm (Approx.)
Turnkey Income-Producing Asset
Development Potential (STCA)
--
Room Configuration:
6 Standard Rooms @ $300/week = $1,800/week
1 Premium Room @ $330/week = $330/week
1 Ensuite Room @ $360/week = $360/week
Total Weekly Income: $2,490 Approx. Annual Gross Income: $129,480 (Fully Tenanted)
--
An exceptional opportunity to secure a fully compliant and fully tenanted 8-room licensed rooming house positioned on a substantial 690sqm (approx.) land parcel in a high-demand Dandenong location.
Currently generating approximately $2,490 per week ($129,000+ per annum) in gross income with 100% occupancy, this turnkey investment offers immediate cash flow from settlement and a proven all-inclusive rental model supporting strong and consistent tenant demand.
The property comprises 8 rentable rooms including one private ensuite room, shared amenities, and a fully compliant operational setup under Victorian rooming house regulations, making it a rare, ready-made high-income asset.
The property also benefits from strong ongoing rental demand, with regular daily enquiries for room availability, supporting stable occupancy and reduced vacancy risk.
Key Features:
8 rentable rooms (including 1 ensuite)
6 rooms at $300/week, 1 at $330/week, 1 ensuite at $360/week
Approx. $2,490 weekly income
Approx. $129,000+ annual gross return
Fully compliant & registered rooming house (rare offering)
100% occupancy with established tenants
All-inclusive rental structure (utilities included)
Large 690sqm (approx.) land holding
Strong holding income for investors or developers
Flexible tenancy structure (rooming agreements)
Development potential (STCA)
* This is not a standard residential property, but a specialised income-producing asset suited to experienced investors, SMSF buyers, and developers seeking strong holding income with long-term land value upside in one of Dandenong’s growth corridors.
Listing description written by Dr. Bhimsen Kurukundi, Grand Real Estate — reproduced as published, not verified by Districts.