FairSquare analyses every Australian suburb for property investors — score, yield, risk and a full investment verdict.
FairSquare's model rates Mount Dandenong, Victoria 5.7 out of 10 (Neutral Hold) as of May 2026.
Mount Dandenong's distinct semi-rural setting within 35km of Melbourne's CBD cultivates a niche owner-occupier demand for lifestyle properties, underpinning value and consistent tenant retention. This translates to a market with low supply, a tight 1.1% vacancy rate, and stable 5% annual capital growth, offering steady appreciation for investors despite modest gross yields. Structural owner-occupier demand has not yet been priced into the market — a re-rating window remains open.
The median price is derived, not estimated. Every number on this page traces back to the model's proprietary yield surface — calibrated for each part of the country and resolved against distance from CBD. The price falls out of the formula.
Inputs for this suburb sit at the top of our calibration tier. The model is not guessing.
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Unlock 9 signals — A$25 →FairSquare's model rates Mount Dandenong, Victoria 5.7 out of 10 (Neutral Hold) as of May 2026. Mount Dandenong's distinct semi-rural setting within 35km of Melbourne's CBD cultivates a niche owner-occupier demand for lifestyle properties, underpinning value and consistent tenant retention. This translates to a market with low supply, a tight 1.1% vacancy rate, and stable 5% annual capital growth, offering steady appreciation for investors despite modest gross yields.
The median house price in Mount Dandenong, VIC is $977K. Weekly rent of $550 against a 2.9% gross yield underpins this figure.
Mount Dandenong has a gross rental yield of 2.9%, with a median weekly rent of $550. 12-month price growth is tracking at +5.0%.
Based on its market signals, Mount Dandenong aligns with: Income Hold.