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.
For sale
For sale
0
Bedrooms
0
Bathrooms
0
Car spaces
2,322 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. No recorded off-street parking — often a discount versus the suburb median for the same beds.
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 Harcourts Asap DandenongA truly exceptional development opportunity in one of Melbourne's fastest-growing metropolitan centres, 42 Power Street, Dandenong offers an expansive allotment of approximately 2,322m² in the heart of the highly sought-after "Golden Mile" precinct.
With the former dwellings now demolished, this substantial parcel of General Growth Zone (GGZ1) land presents a blank canvas for visionary developers, investors and land bankers. Whether you're considering a premium townhouse development, apartment project, retirement living, place of worship, commercial venture or a mixed-use concept (STCA), the possibilities are extensive.
For those looking to maximise their investment, the neighbouring property at 44 Power Street is also available, providing the opportunity to secure a combined landholding of approximately 3,600m² and create a landmark development in one of the South East's most strategic growth locations.
Key Features
• Approx. 2,322m² of prime General Growth Zone (GGZ1) land
• Cleared site with existing dwellings removed
• Outstanding development potential for townhouses, apartments or mixed-use projects (STCA)
• Potential commercial development opportunities (STCA)
• Ideal for developers, investors and land bankers seeking future growth
• Opportunity to purchase adjoining 44 Power Street and create a substantial 3,600m² combined site (approx.)
• Prestigious Golden Mile location in the heart of Central Dandenong
• Flexible zoning allowing a wide range of future development outcomes (STCA)
Location
Perfectly positioned in Central Dandenong, this premium landholding places future residents or businesses within walking distance of Dandenong CBD, Dandenong Market, Dandenong Plaza, St John's Regional College, cafés, restaurants, theatres and public transport. Enjoy seamless access to Dandenong Train Station, Princes Highway, EastLink and the Monash Freeway.
As Dandenong continues its transformation into Melbourne's second city, significant government and private investment—including major civic, commercial and infrastructure projects—continues to drive demand and enhance long-term growth prospects. This is a location that offers both immediate convenience and outstanding future potential.
Large-scale development sites in locations of this calibre are becoming increasingly rare. Whether you're planning your next flagship project, seeking a strategic land-bank opportunity, or looking to combine both Power Street properties for maximum impact, 42 Power Street represents a remarkable opportunity to secure a premium piece of Central Dandenong's future.
Disclaimer: Every effort has been made to ensure the accuracy of the information provided. Prospective purchasers are advised to carry out their own investigations.
Photo ID is required at our open home inspections for all attendees! Photographs may incorporate virtual furniture staging. All structures depicted remain unaltered.
Listing description written by Daniel Farrugia, Harcourts Asap Dandenong — reproduced as published, not verified by Districts.