FOR SALE
$850,000 - $890,000

2 Canna Street
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 948m2
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Prime Corner Lot for Your Dream Home or Development STCA

Discover a rare opportunity to secure a vacant block of approx 948m2 in the seaside suburb of Dromana. Positioned on a corner location, this expansive block offers endless possibilities for developers and those seeking to build their dream home (STCA).
Property Highlights:
Perfectly Positioned: This generous block of land enjoys a prime corner location. Take advantage of the convenience and accessibility offered by this desirable address, while being just moments away from the pristine shores of Port Phillip Bay.
Endless Potential: Whether you are an astute developer or an individual looking to create your dream home, this property provides a wealth of opportunities. With approximately 948m2 of land at your disposal, you have the flexibility to design and construct a stunning residence that perfectly suits your lifestyle or explore the potential for development (STCA) and capitalize on the high demand for quality properties in the area.
Desirable Infrastructure: The property benefits from made roads and is equipped with all essential services readily available. This streamlines the development process, saving you time and effort in securing the necessary infrastructure.
Captivating Surroundings: The nearby amenities, including shops, schools, recreational facilities, outdoor activities and stunning wineries, add to the convenience and desirability of this location.
*Land Size is approximate*
*Development on site would be Subject to Council Approval*
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Property Details for 2 Canna St, Dromana

Building Type
Land
Land Size
948m2

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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.

Suburb Insights for Dromana 3936

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Mike Mangan
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Liam Mangan
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Bennetts Real Estate - Dromana
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.