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VIC › Dandenong › Cheltenham Rd

19/68 Cheltenham Rd, Dandenong VIC 3175

For saleTownhouse

$680,000–$745,000

For sale

Asking range

3

Bedrooms

3

Bathrooms

2

Car spaces

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $680,000–$745,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $680,000–$745,000(Listing record · 6 Mar 2026)
  • CalculationAsk is 10% below the Dandenong median recorded sale ($755,000, n=57, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Dandenong's advertised median rent ($463/wk), implied gross yield would be 3.54% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$680,000–$745,000

Asking range

No recorded sale for this property.

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.

See the full Dandenong report →

Vs Dandenong

-9.9%

Median sale

Suburb $755,000

+0.35 pp

Gross yield

Suburb 3.19%

Suburb median $755,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$680,000
Stamp Duty (Victoria)
$35,870
Transfer/Registration Fee
$1,695
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$721,265

$41,265 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Dandenong's advertised median rent — not a rent for this listing.

Net yield
2.04%
Annual cashflow (pre-tax)
$-21,484
Interest cover (DSCR)
0.39
Annual rent
$24,076
Operating expenses
$10,200
Loan amount
$544,000
Annual interest
$35,360
Gross yield
3.54%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$680,000–$745,000available6 Mar 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Dandenong in one glance

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.

See the full Dandenong report →

Keep researching

  • Why Dandenong? Read the area thesis →
  • What else is on the market in Dandenong →
  • Other records on Cheltenham Rd →

Listing material

Listed by Your Expert Real Estate

Contemporary Urban Living with Comfort & Convenience- Inspection By Appointments Only

Welcome to 19/68 Cheltenham Road, a beautifully designed three-level townhouse perfectly positioned in one of Dandenong's most vibrant and well-connected precincts. This contemporary residence delivers a perfect combination of modern living, effortless style and low-maintenance convenience - ideal for first home buyers, astute investors and anyone seeking lifestyle ease close to transport, shopping, schools and recreation.

This exceptional home showcases thoughtful design across three spacious levels, creating a dynamic living environment that optimises space, natural light and functional flow.

A Lifestyle of Design Excellence & Everyday Ease

Read the full description

• Three Bedrooms | Three Bathrooms | Secure Parking

Arranged over three levels, this home offers generous accommodation including three bedrooms, each appointed with built-in robes and thoughtfully designed for comfort and privacy. The master suite features its own private ensuite, while additional bedrooms are serviced by their own contemporary bathrooms - each offering quality finishes and well-considered layouts.

• Stylish & Functional Living Zones

The heart of this residence is its open-plan living and dining area, which seamlessly connects to an elevated balcony - perfect for relaxing with morning coffee or hosting friends. Offering generous living proportions, this zone captures abundant natural light and fosters effortless entertaining.

• Designer Kitchen with Quality Appliances

A standout feature of the home is the beautifully appointed kitchen, well-equipped with stainless steel appliances, sleek cabinetry, stone benchtops, ample storage and generous prep space. This thoughtful design ensures both practicality and style for everyday living.

• Space, Comfort & Practicality

This home also features:

• Secure double garage plus additional off-street parking

• Stone kitchen benchtops and quality fixtures throughout

• Split system heating & cooling, ensuring year-round comfort

• Light-filled interiors with modern finishes and fixtures

Lifestyle & Location - At the Heart of Dandenong

Perfectly positioned in the well-regarded Metro Village Estate, this townhouse enjoys exceptional amenity access:

Education & Childcare

• Highly regarded local public and private schools, including nearby primary and secondary options within the wider Dandenong area

Shopping & Dining

• Only moments to Dandenong Market, one of Victoria's largest and oldest markets offering fresh produce, specialty goods and vibrant cultural events

• Close to Dandenong Plaza and major retail offerings within the CBD

• Cafés, restaurants and multicultural dining precincts along Foster and Cleeland Streets

Transport & Connectivity

• Walking distance to Dandenong railway station with direct rail access into the Melbourne CBD and connections across Melbourne's southeast

• Frequent bus services and excellent freeway access via the Monash

Freeway, EastLink and Princes Highway

• Easy access to transport hubs and long-distance travel connections

Health, Recreation & Community

• Close proximity to medical centres and allied health services

• Parks, reserves and walking trails provide outdoor space for families and active lifestyles

• Cultural facilities, entertainment options and community events enrich the vibrant Dandenong community

At a Glance

• 3 Bedrooms | 3 Bathrooms

• Secure Double Garage + Extra Parking

• Open-Plan Living with Balcony

• Designer Kitchen with Stone Benchtops & Stainless Appliances

• Split System Heating & Cooling

• Modern, Low-Maintenance Three-Level Design

• Short Walk to Train Station, Shops & Dandenong Market

• Ideal for First Home Buyers, Investors & Downsizers

19/68 Cheltenham Road, Dandenong - a contemporary townhouse where style, convenience and lifestyle come together in one of Melbourne's most accessible and vibrant suburbs.

Disclaimer:

While every effort has been made to ensure the accuracy of the information contained in this document, no representation or warranty is made as to its accuracy, completeness or reliability. All information provided is for general guidance only and prospective purchasers must make their own enquiries and rely on their own investigations, including but not limited to land size, planning controls, zoning, development potential and any approvals (STCA).

Images are for illustrative purposes only.

For further information, please refer to the Due Diligence Checklist available via Consumer Affairs Victoria:

https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/duediligence

Listing description written by Vandana Dewan, Your Expert Real Estate — reproduced as published, not verified by Districts.

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Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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