OFF MARKET

1/53 Fig Street
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 85m2
Land area: 240m2
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Property Details for 1/53 Fig St, Dromana

1/53 Fig St, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 240m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in July 2020.

Building Type
Unit
Year Built
1960
Floor Size
85m2
Land Size
240m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS600173

Last Listing description (July 2020)

Perfect entry level Investment located in a quiet street just minutes to the beach and shops. With immediate and ongoing income ($1062pcm) from current tenant, this is a fantastic opportunity to secure a Peninsula property at a bargain basement price point. This freshly painted weatherboard home features polished timber flooring throughout, split system A/C, 2 good sized bedrooms and light filled lounge area leading onto courtyard, functional kitchen and central bathroom compliment this cute cottage. No ongoing body corporate fees.

Property History for 1/53 Fig St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$398,500
15 Jul 2020
Listed for Rent
$220/w
06 Aug 2014
  • 15 Jul 2020
    Sold for $398,500
  • 25 Jun 2020
    Listed for Sale $390,000 - $430,000
  • 22 Jul 2014
    Listed for Rent $220 / 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 5,886 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, 170 properties were sold in the past 12 months in Dromana.

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