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.
$1,000,000
Last sold
22 May 2026
3
Bedrooms
2
Bathrooms
1
Car spaces
976 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
Last sold
$1,000,000
22 May 2026 · derived via latest_sale
Local land rate: recorded House sales in Dandenong (last 5 years) with land size have a median of $1,239/m² of land (n=30). Districts calculation from recorded sales — not a valuation.
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.
Vs Dandenong
+32.5%
Median sale
Suburb $755,000
-0.78 pp
Gross yield
Suburb 3.19%
Suburb median $755,000 from 57 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
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 LJ Hooker DandenongSet on an expansive 976sqm (approx.) parcel of land, this well-maintained residence presents an extraordinary opportunity for homeowners, investors and developers. With a generous rectangular block and excellent access, the property offers approved plans to retain the existing home and build two additional dwellings at the rear, providing immediate development certainty rarely found in central Dandenong.
For those seeking a larger-scale project, there is also potential to remove the existing home and redevelop the site with up to five modern townhouses (STCA)-a highly attractive option given the block size, configuration and strategic location.
The existing home is spacious, comfortable and immediately livable. Featuring three well-proportioned bedrooms, a bright living area and a central bathroom, it suits families or tenants perfectly while development preparations are underway. The functional kitchen and adjoining dining area flow seamlessly to an undercover outdoor area for everyday practicality.
Outside, the deep and expansive backyard stands out-ideal for the approved rear dwellings or future redevelopment exploration. A separate garage sits at the rear while the wide driveway accommodates multiple cars, work vehicles or trailers with ease.
Key Features:
-Expansive 976sqm (approx.) rectangular allotment
-Approved plans to retain existing home and build two dwellings at the rear
-Potential to redevelop entire site into five townhouses (STCA)
-High-growth metropolitan corridor
-Three spacious bedrooms
-Light-filled living area
-Functional kitchen + adjoining dining
-Central bathroom
-Undercover outdoor area
-Large backyard with established trees
-Separate garage + wide driveway with multiple car parking
-Prime location
Dandenong is experiencing one of Melbourne's most significant renewal programs under the Revitalising Central Dandenong initiative. With major government and private-sector investment, the suburb is evolving into a dynamic metropolitan centre-often described as the emerging CBD of Melbourne's south-east.
Ongoing and planned upgrades include enhanced transport connections, modern retail and residential developments, safer streetscapes, improved public spaces and expanding employment zones. With strong population growth and rising demand for higher-density housing, this is one of Melbourne's most promising development corridors-making landholdings like 47 Jones Road exceptionally valuable.
Whether you're seeking a comfortable family home, a long-term investment or a prime development site, 47 Jones Road delivers remarkable flexibility and strong growth prospects.
DISCLAIMERS:
Every reasonable effort has been made to ensure the accuracy of the information provided; however, neither the vendor, agent, nor agency makes any representation or warranty as to its completeness or correctness.
The floor plans provided are for illustrative purposes only and should be treated as such. No liability is accepted for any inaccuracies or omissions in the details or dimensions represented.
As the property may be subject to private inspections, the sale status could change prior to scheduled Open Homes. Prospective buyers are advised to verify the current availability of the property before attending any inspection.
Listing description written by Idriss Paykari, LJ Hooker Dandenong — reproduced as published, not verified by Districts.