The recently completed revitalisation effort has dramatically changed the outlook of Dandenong from a 'grey n gloomy' to more 'chic and modern' look. And it looks like more and more jobs are moving there (see links).
Do you think this effort by the council will promote demand in Dandenong and surrounds, and the area can cash in from the upcoming house price growth which Melbourne has started to see.
I have been following sales in Dandenong and what I can see is that there is strong demand for house with STCA and apartments but I am yet to see any significant gains in family-oriented houses e.g. typical 2-3 bed houses with yards in the residential surrounds like Dandenong North and Endeavour Hills.
We are starting to see an increase of Asian community which is positive sign. Probably it is driven by the newly erected apartments and the efforts by the authorities to curb crime e.g. full patrol of Dandenong Station.
Anyone else noticing similar stuff or has any helpful commentary on the upcoming trends of this area.
Do you think this effort by the council will promote demand in Dandenong and surrounds, and the area can cash in from the upcoming house price growth which Melbourne has started to see.
I have been following sales in Dandenong and what I can see is that there is strong demand for house with STCA and apartments but I am yet to see any significant gains in family-oriented houses e.g. typical 2-3 bed houses with yards in the residential surrounds like Dandenong North and Endeavour Hills.
We are starting to see an increase of Asian community which is positive sign. Probably it is driven by the newly erected apartments and the efforts by the authorities to curb crime e.g. full patrol of Dandenong Station.
Anyone else noticing similar stuff or has any helpful commentary on the upcoming trends of this area.