2/2 James Street

Off Market

2/2 James Street

Dandenong VIC 3175

0 m²

Apartment

Last sold for $302,000

Harry Fares, last sold this property on 19 October 2026 after 25 days on market.

Overview

Invest Less and Gain More with Quest

Contact Agent for Inspections For the investor seeking an affordable, genuinely hands-off investment, this two-bedroom Quest apartment presents an opportunity well worth considering. Returning $23,250 per annum, the apartment is secured by a lease with just over four years remaining, together with two further five-year options, providing the potential for approximately 14 years of income in total. Minimum annual rental increases of 4% make the numbers even more appealing. Best of all, the tenant pays the apartment’s outgoings, including insurance and local council and municipal rates. The owner is responsible only for land tax, where applicable, and Owners Corporation fees of approximately $182 per quarter. The apartment features two robed bedrooms and two bathrooms, together with separate lounge and dining areas, a generous, modern kitchen with dishwasher, laundry facilities and split system heating/air conditioning. A dedicated car space is also included. Residents and guests of the Quest complex also get to enjoy access to an outdoor swimming pool and barbeque. Located on the corner of James Street and Princes Highway, the apartment is within easy reach of Dandenong Hospital, Dandenong Market, Dandenong Square, central Dandenong and Dandenong Train Station. EastLink, the Monash Freeway and Dandenong Bypass are also readily accessible, while Melbourne’s CBD is approximately 28 kilometres away. Offering the potential to achieve a return of approximately 7.8% to 8%, this is a compelling proposition for the yield-focused investor, delivering a very affordable outlay, reliable income and minimal ongoing involvement. Opportunity knocks. Secure the investment and let the lease do the work. We donate a portion of our fee from every property transaction to the Woodards Foundation to support people experiencing homelessness, family violence and social isolation.

Features

2 bedrooms

2 bathrooms

1 carspace

1 garage space

0 m² floor area

Apartment

Estimated Value

Based on this property and similar 2 bedroom apartments sold in Dandenong over the last 12 months, the estimated median property value of 2/2 James Street is $370k.

Median value

$370k

Estimated value range

$226k - $645k

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Dandenong. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 2/2 James Street

2026

Sold

$302,000

19 Oct 2026 by Harry Fares, of Woodards Manningham

Happy sellers in Dandenong

82%

82% of sellers in Dandenong reported that their sale price either exceeded or met their price expectations.

Dandenong stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 106 reviews in Dandenong over the last 12 months.

Local market activity for 2 bedroom apartments in Dandenong

In the last 12 months, 106 two-bedroom apartments similar to 2/2 James Street, have been sold.

This represents a 31% increase in two-bedroom apartments sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Dandenong for a free market appraisal.

Ming Wang

at Harcourts Dandenong

4.9

(344 reviews)

Get a free market appraisal

Burak Gul

at Fletchers Dandenong

(161 reviews)

Get a free market appraisal

Sam Hashemi

(36 reviews)

Get a free market appraisal

Jack Miltos

at Hockingstuart Dandenong

(88 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Dandenong

Ming Wang

Ming Wang is a recommended agent for Dandenong. They have 23 local sales and collected 51 local reviews across the last 12 months.

4.9 (344 reviews)
51 Reviews in Dandenong
23 Sales in Dandenong

View profile

Burak Gul

Sellers who recommend Burak Gul have praised them for being clear communication, local expert, responsive, friendly, honest, easy to work with and reliable