FOR SALE
Private Sale

90 Wallaces Road
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Land area: 101ac
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Discover a Rare Agricultural Gem: 101 Acres of Prime Farmland with Luxury Living

Seize this extraordinary opportunity to own a versatile 101-acre property with immense agricultural potential. This prized landholding on the Mornington Peninsula offers a unique blend of luxury living and farming possibilities, perfect for the discerning agriculturist or investor.
Agricultural Potential
Diverse Farming Opportunities
With beautifully well-draining, level paddocks and large green pastures, this property is primed for various agricultural ventures:
• Vineyard development, capitalizing on the region’s renowned wine-growing reputation
• Equestrian facilities, including existing infrastructure for horse agistment and training
• Cattle farming, with ample grazing land and water resources
• Crop cultivation, benefiting from the fertile soil and favourable climate
Water Resources
Ensuring year-round productivity, the property boasts:
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Property Details for 90 Wallaces Rd, Dromana

Building Type
Rural
Land Size
101ac

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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 5,886 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 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Dromana.

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Rob Curtain
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Danielle Vains
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Peninsula Sothebys International Realty
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