OFF MARKET

1/141 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 326m2
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Property Details for 1/141 Palmerston Ave, Dromana

1/141 Palmerston Ave, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 326m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2003.

Building Type
Unit
Year Built
1970
Floor Size
95m2
Land Size
326m2
Local Government
Mornington Peninsula
Lot/Plan
1/SP21687

Last Listing description (August 2016)

This very neat and clean 2 bedroom unit is one of only two on the block with no Body Corporate fees. Inside you will find a large lounge room with gas heating, well appointed kitchen with electric hot plate and wall oven overlooking the dining area, a separate toilet and full bathroom. Outside you will find a fully fenced front yard, single lock up garage with the added bonus of space for additional car. Enjoy the low maintenance benefits of unit living. The property has a potential rental return of $260.00 p/w which equals a great rental return for the smart investor. With Dromana being less than an hour from the Melbourne CBD and in immediate proximity to world class wineries, golf courses and beaches via the toll free Peninsula Link, these properties should be on top of your list. Call now. You won't be disappointed.

Property History for 1/141 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$145,000
31 Jul 2003
Listed for Rent
$210/w
18 Jun 2010
  • 29 Apr 2016
    Listed for Sale Offers in excess of $335,000
  • 18 May 2010
    Listed for Rent - Price not available
  • 19 Oct 2006
    Listed for Rent - Price not available
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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 43 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Dromana.

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