Dandenong (postcode 3175) is a sizeable suburb in Victoria within the Greater Dandenong local government area. The area has roughly 30,127 residents and a blend of families and working-age professionals, with a median age of 33. Households earn a median income of $66K per year, with an average household size of 2.8 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. VIC employment has moved +0.8% year-on-year in the official ABS Labour Force trend series, which provides the broader jobs backdrop for this suburb. VIC also had 41 Commonwealth-backed major projects under construction, 18 underway, and 24 in planning as at 2025-09-01, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are technicians & trades, labourers, machinery operators & drivers. Employment in the area leans toward manufacturing and healthcare. The top ancestries reported are English, Australian, Indian.
Median house prices in Dandenong stand at $740,000, having moved higher by 2.7% over the last twelve months. Units have a median price of $395,000 (-1.2% YoY). The current median weekly rent is $520. This gives a gross rental yield of approximately 3.7%. The median monthly mortgage repayment is $1,517.
Dandenong is served by 9 schools, including 6 primary, 2 secondary, 1 special. The average ICSEA score is 947, which is below the national average of 1,000. Public transport access includes 22 rail stations, 138 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Greater Dandenong LGA is higher than average at 13,153 incidents per 100,000 population.
Looking at the investment signals, Gross rental yield sits at around 3.7% (moderate yield). Property prices are near the state median ($740K/$850K). The price-to-income ratio of 11.2x is considered stretched. House prices have moved +2.7% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.