SOLD
Sold on 30 Nov 2023 for $1,180,000

10 Spencer Avenue
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 77m2
Land area: 622m2
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Property Details for 10 Spencer Ave, Dromana

10 Spencer Ave, Dromana is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 622m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
77m2
Land Size
622m2
Local Government
Mornington Peninsula
Lot/Plan
22/LP16119

Last Listing description (May 2024)

With its prime beachside location, this beautifully presented home ticks all the right boxes.
Offering an exciting opportunity for owner/occupiers, holiday makers, investors or future development (Subject to Council Approval.) The existing home presents an opportunity for immediate personal use and enjoyment or to generate an investment income whilst you plan your next move and the future of this spectacular lifestyle location.
Recently featured in realestate.com.au's "Property expert predicts Victoria's next 'boom suburb' article, Dromana has been identified as 'the Melbourne suburb to watch' noting "it's got an amazing clean, beautiful, bright blue beach and locals regard it as the best on the Peninsula" this exact beach just moment walk through you back gate.

? Main living offers sun-drenched open plan living, kitchen and dining
? Modern kitchen with gas cooktop, pull out pantry, oven and dishwasher
? 2 double bedrooms upstairs with built-in robes, the master with leafy outlook
? Chic bathroom with rainfall shower, sleek vanity storage and toilet
? Mitsubishi r/c heating/air-con and timber floorboards
? Front and rear balconies with space to both relax or entertain
? Downstairs offers self-contained studio apartment with private entrance
? Studio ideal for teenagers, inlaws, AirBNB with kitchenette, shower, WC, floorboards and nobo heater
? Rear gate provides access to Pt Nepean Rd pedestrian lights to dog-friendly beach
? 150m to beaches and transport, 800m to shops, caf?s and amenities
? Carports and ample parking for boat or caravan out the front
? 622sqm approx with expansive front & rear yards with room for backyard games or future swimming pool
? Shed with workshop, laundry facilities, barn door entry fits jet skis/kayaks
? Convenient access to freeway entry for an easy drive to Melbourne
Link to recent article on Dromana: Property expert predicts Victoria's next 'boom suburbs' - realestate.com.au

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Property History for 10 Spencer Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,180,000
30 Nov 2023
Listed for Rent
$380/w
03 Feb 2017
  • 30 Nov 2023
    Sold for $1,180,000
  • 10 Aug 2023
    Listed for Sale Not Disclosed
  • 04 Jan 2017
    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 5,836 properties. Over the last 5 years, Houses in Dromana have seen a 36.73% increase in median value, while Units have seen a 18.25% increase. As at 30 September 2024:

  • The median value for Houses in Dromana is $942,608 while the median value for Units is $778,267.
  • Houses have a median rent of $600 while Units have a median rent of $570.
There are currently 39 properties listed for sale, and 6 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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