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VIC › Dandenong North › Mclean Cres

8 Mclean Cres, Dandenong North VIC 3175

For saleHouse for Sale

$2,000,000–$2,200,000

For sale

Asking range

5

Bedrooms

6

Bathrooms

2

Car spaces

468 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $2,000,000–$2,200,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $2,000,000–$2,200,000(Listing record · 11 Aug 2026)
  • FactLand 468 m²; no building size recorded.(Property record)
  • CalculationAsk is 141% above the Dandenong North median recorded sale ($830,000, n=141, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Dandenong North's advertised median rent ($500/wk), implied gross yield would be 1.30% — 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

$2,000,000–$2,200,000

Asking range · $4,274/m² of land

No recorded sale for this property.

Dandenong North at a glance

23,446

People

$830,000

Median sale

$500/wk

Median rent

3.13%

Suburb gross yield

Median sale from 141 recorded sales (last 12 months) — a Districts calculation.

See the full Dandenong North report →

Vs Dandenong North

+141.0%

Median sale

Suburb $830,000

-1.83 pp

Gross yield

Suburb 3.13%

Suburb median $830,000 from 141 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
$2,000,000
Stamp Duty (Victoria)
$110,000
Transfer/Registration Fee
$3,614
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
$2,117,314

$117,314 on top of the price (5.9% 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 North's advertised median rent — not a rent for this listing.

Net yield
-0.20%
Annual cashflow (pre-tax)
$-108,000
Interest cover (DSCR)
-0.04
Annual rent
$26,000
Operating expenses
$30,000
Loan amount
$1,600,000
Annual interest
$104,000
Gross yield
1.30%

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$2,000,000–$2,200,000available11 Aug 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 $500/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 1.3%. 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 North in one glance

Dandenong North at a glance

23,446

People

$830,000

Median sale

$500/wk

Median rent

3.13%

Suburb gross yield

Median sale from 141 recorded sales (last 12 months) — a Districts calculation.

See the full Dandenong North report →

Keep researching

  • Why Dandenong North? Read the area thesis →
  • What else is on the market in Dandenong North →
  • Other records on Mclean Cres →

Listing material

Listed by First National Real Estate Hall & Partners Dandenong

A Masterpiece of Luxury, Craftsmanship & Contemporary Living

Builders own home, just over 12 months ago, this extraordinary residence presents as brand new and sets a new benchmark for luxury family living in one of Dandenong North's rapidly evolving neighbourhoods. Spanning approximately 50 squares over two magnificent levels, every detail has been meticulously considered to create a home that is as functional as it is breathtaking.

Designed for large or extended families, the home offers five generous bedrooms, six luxurious bathrooms and six toilets, along with three separate living zones- the central private lounge room, the upstairs rumpus area or the dining / living area. Every bedroom enjoys the privacy of its own designer ensuite and walk-in wardrobe, while the lavish master suite is a true parents' retreat featuring a private balcony, expansive his and hers walk-in dressing room and a hotel-inspired ensuite complete with double shower, dual shower heads, feature freestanding bath, twin stone vanity and private toilet.

The stunning heart of the home is the expansive open-plan kitchen, living and dining area, enhanced by an impressive void that creates an incredible sense of light, space and grandeur. Entertain effortlessly with a premium main kitchen and fully appointed butler's kitchen, both showcasing stone benchtops, ceasarstone porcelain splash-backs, 2-pack cabinetry with Blum soft-close hardware, slide-out shelving and compartments, Bosch appliances and Smeg undermount rangehoods.

Read the full description

Quality continues throughout with brushed nickel tapware, floor-to-ceiling tiled bathrooms, frameless shower screens, stone-topped vanities and illuminated shower niches with sensor-operated LED strip lighting. The lower level features marble look tiling throughout combined with stylish timber-look porcelain tiles upstairs whilst the bedrooms offer warmth and comfort with quality carpeting. All sliding doors are soft close as are the wardrobe doors.

A beautifully fitted home office provides the perfect work-from-home space, while the sizeable laundry, additional downstairs bathroom and oversized double garage-with remote door, fitted cabinetry and sink-further demonstrate the home's exceptional practicality.

Luxury inclusions are extensive and include:

Approximately 50 squares of premium living

Five bedrooms plus study/ office, six bathrooms and six toilets

Three spacious living areas including upstairs rumpus overlooking the lounge below

Striking floating oak staircase

Commercial-grade double-glazed windows and stacker doors throughout

Daikin 3-phase zoned inverter ducted heating and cooling

Sensor and highlight LED strip lighting throughout, dimmers on every switch

Hardwired LAN data points throughout the home

Smart phone control for heating/cooling, CCTV cameras and video doorbell

Eight-camera CCTV security system, Bosch alarm system

25-panel solar power system with Solax 8kW inverter

2,100-litre water tank connected to all toilets

Outdoor entertaining is equally impressive. The covered alfresco kitchen is built from premium aluminium and Perspex and features a ceasarstone porcelain benchtop and splash-back, sink and built-in Beefeater BBQ connected directly to natural gas-creating the perfect space for entertaining family and friends all year round. Exterior sensor lighting completes the package.

Constructed to an exceptional standard, the home features a combination timber and steel-beamed frame, a fully brick lower level and rendered upper level, delivering lasting quality and striking street appeal.

Set on approximately 468m² with low-maintenance landscaped gardens and a rear storage shed, this is a home that allows you to simply move in and enjoy.

Why endure the time, uncertainty and escalating costs of a luxury knockdown-rebuild when everything has already been completed to an exceptional standard? This remarkable residence delivers a level of quality, craftsmanship and attention to detail that is rarely offered to the market.

Positioned in a street undergoing an exciting transformation with quality new homes, the location offers outstanding convenience. Families will appreciate the close proximity to Lyndale Primary School and Lyndale Secondary College, while shopping is only minutes away at Dandenong Central or Waverley Gardens Shopping Centre. Easy access to EastLink, the Monash Freeway (M1) and other major arterial roads ensures an effortless daily commute.

Homes of this calibre are exceptionally rare.

Private inspections by appointment only.

For further information or to arrange your exclusive viewing, contact Ari or Leigh today.

We have obtained all information in this document from sources we believe to be reliable; however, we cannot guarantee its accuracy. We do not accept any responsibility to any person for its accuracy and do no more than pass it on. All interested parties are advised to carry out their own investigations, and should make and rely upon their own enquiries in order to determine whether or not this information is in fact accurate.

Listing description written by Ari Oinonen, First National Real Estate Hall & Partners Dandenong — 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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