August 9, 2019
‘Virgin’ Property Sale After 55 Years

The face of Dandenong has certainly changed since the 1960’s.

Having long been a ‘migrant’ suburb, the population at this time was mostly Greek, Italian and English immigrants residing in brick-veneer homes on good-sized blocks of land.

It was precisely during this period that Dandenong’s 4 Sarona Street property was built. Fast-forward 55 years and the original owners’ neighbours are now a much different mix.

According to the most recent Australian census figures, almost 70% of Dandenong’s population were born overseas. The top two nationalities are Afghan and Indian (with almost 10% of residents respectively), with the English representation not too far behind at 8.3%.

Dandenong’s real estate has changed dramatically too. It’s rare indeed to find a solid brick veneer, such as 4 Sarona St, with townhouses and apartments now aplenty. It is in this environment that the Sarona St property came up for sale for the first time in its 55 year history.

At WIN Real Estate, we were proud to be given the privilege to be the first agent to ever sell the property. Auction day was 22 June and it was a competitive event, with three buyers fighting it out to push it beyond the reserve price of $580,000 to the final SOLD price of $588,500.

The auction day was a highly emotional for the original family, but it is now in the hands of its happy new owners, a family from Afghanistan who have only been in Australia for five years. We’re pleased this purchase will help propel them into the next stage of their life in this amazing country, giving them the opportunity to renovate or redevelop as they see fit.