OFF MARKET

1/22 Palm Grove
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Floor area: 138m2
Land area: 351m2
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Property Details for 1/22 Palm Gr, Dromana

1/22 Palm Gr, Dromana is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 351m2 and floor size of 138m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
House
Floor Size
138m2
Land Size
351m2
Local Government
Mornington Peninsula
Lot/Plan
1/SP20082

Last Listing description (September 2013)

WOW! This will suit the investor, first home buyer or holiday maker,
what ever your reason, this has it all.
Currently leased out until 21.1.14, and giving you a return over 5%, positioned beachside of the freeway within a very short stroll to the main shopping strip, beach and cafes.

The home comprising of 4 large bedrooms, each with BIRs', large living, kitchen has a good size meals area and gas cook top and electric oven.
Gas heating and covered outdoor area, single lock up garage with ample off street parking for extra 2 cars.

All set on a low maintenance allotment, with plenty of scope to add your personal touches, what more can you ask for.

An inspection of this property will not disappoint!!

Property History for 1/22 Palm Gr, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$307,500
14 Aug 2013
Listed for Rent
$320/w
27 Feb 2014
  • 05 Feb 2014
    Listed for Rent $320 / week
  • 14 Aug 2013
    Sold for $307,500
  • 21 Nov 2012
    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.

Suburb Insights for Dromana 3936

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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.