SOLD
Sold on 06 May 2024 for $610,000

1/23 James Street
Dromana VIC 3936

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 81m2
Land area: 106m2
Sold By
Belle Property Rosebud / Dromana
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Property Details for 1/23 James St, Dromana

1/23 James St, Dromana is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 106m2 and floor size of 81m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 1 bedroom Unit sold in Dromana in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
81m2
Land Size
106m2
Local Government
Mornington Peninsula
Lot/Plan
1/RP19862

Last Listing description (June 2024)

Set well back from the street, this spacious 2BR unit offers a great live-in option or could be a fantastic investment opportunity for long-term rental or holidays close to Dromana beach and amenities. Offering a touch of retro styling with scope to update as desired, light, neutral d?cor to brighten the cosy, comfortable home throughout, there's everything you need here to move straight in and relax.

The property provides a perfect base for exploring the peninsula, while nearby access to the freeway also makes it handy for commuting.

- Spacious kitchen/meals with freestanding gas oven/cooktop

- Sunny lounge, gas wall furnace & lovely green outlook over front garden
- 2 good-sized bedrooms with built-in robes
- Bathroom with bath, separate shower, and vanity, plus separate toilet
- Laundry has storage and access to small courtyard garden
- Courtyard includes lemon tree, rear access to single garage, and 2nd WC
- Just a few minutes' walk to beaches, shops, caf?s, and primary school
- Close to freeway access and everything the Peninsula has to offer

Property History for 1/23 James St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$610,000
06 May 2024
Listed for Rent
$320/w
25 Jan 2020
  • 06 May 2024
    Sold for $610,000
  • 19 Apr 2024
    Listed for Sale Not Disclosed
  • 12 Nov 2019
    Listed for Rent $320 / week
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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 5,898 properties. Over the last 5 years, Houses in Dromana have seen a 39.72% increase in median value, while Units have seen a 20.43% increase. As at 30 November 2024:

  • The median value for Houses in Dromana is $970,615 while the median value for Units is $780,209.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 43 properties listed for sale, and 2 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 163 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.