FOR SALE
$1,095,000 - $1,195,000

18 Kangerong Avenue
Dromana VIC 3936

Bedrooms: 5
Bathrooms: 3
Car spaces: 1
Land area: 859m2
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APPROX. 300 METRES TO THE BEACH - SOLID HOME & BUNGALOW WITH HUGE POTENTIAL

BRICK HOME with TWO Bedroom BUNGALOW at rear, perfectly set on a large block of approx. 859m2.
OPTIONS:
1. Two very liveable & rentable homes
2. Renovate one or both homes and add to the value
3. Keep as one block or subdivide with battleaxe at the rear STCA
4. Keep one home, sell or rent the other
5. Rebuild one or both homes STCA
6. Extend or build double storey STCA
7. Build one large luxurious new home on a nice size block with room for pool STCA
PLEASE NOTE, according to available SURVEYOR information the property can be subdivided STCA into a front & rear / battleaxe lots. Please CONTACT US FOR FURTHER INFORMATION and/or to inspect this property.
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Property Details for 18 Kangerong Ave, Dromana

18 Kangerong Ave, Dromana is a 5 bedroom, 3 bathroom House with 1 parking spaces. The property has a land size of 859m2. The place is currently for sale with YPA Dromana.

Building Type
House
Land Size
859m2

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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. It has 19 parks covering nearly 7.2% of total area. The population of Dromana in 2011 was 5,125 people. By 2016 the population was 5,802 showing a population growth of 13.2% in the area during that time. The predominant age group in Dromana is 60-69 years. Households in Dromana are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Dromana work in a trades occupation. In 2011, 68.2% of the homes in Dromana were owner-occupied compared with 67.9% in 2016.

Dromana has 5,889 properties. Over the last 5 years, Houses in Dromana have seen a 40.08% increase in median value, while Units have seen a 20.52% increase. As at 31 October 2024:

  • The median value for Houses in Dromana is $975,997 while the median value for Units is $770,258.
  • Houses have a median rent of $600 while Units have a median rent of $565.
There are currently 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

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Elke Remscheid
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Ryan Oswald
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YPA Dromana
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