SOLD
Sold on 12 Mar 2024 for $800,000

106/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 2
Car spaces: -
Land area: 2226m2
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Property Details for 106/277 Point Nepean Rd, Dromana

106/277 Point Nepean Rd, Dromana is a 2 bedroom, 2 bathroom Unit and was built in 2014. The property has a land size of 2226m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Dromana in the last 12 months.

Building Type
Unit
Year Built
2014
Land Size
2226m2
Local Government
Mornington Peninsula
Lot/Plan
106/PS629688

Last Listing description (July 2024)

Who needs a backyard when you can step across the road to an open reserve complete with Gazebo and BBQ's leading to the beautiful bay beach.
This Modern well equipped 1st floor, 2 bed , 2 bathroom light filled apartment is sure to impress. Complete with 2 split air conditioning systems, this beautiful low maintenance home is surrounded with convenience right next door.
Australia's best IGA supermarket and many other gourmet shops, restaurants and cafes are at your doorstep. Enjoy precious time and views from your balcony or head up to the rooftop entertaining zone encompassing a barbeque, pool and deck area to spoil your family and friends.

These apartments are extremely rare, don't delay your inspection. Act now.
*Please note this property has been virtually styled and is not fully furnished

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Property History for 106/277 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$800,000
12 Mar 2024
Listed for Rent
$430/w
07 May 2020
  • 12 Mar 2024
    Sold for $800,000
  • 02 Dec 2023
    Transferred
  • 05 Oct 2023
    Listed for Sale Not Disclosed
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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 5,889 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 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

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