OFF MARKET

107/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 2226m2
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Last updated 18 Nov 2024
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Property Details for 107/277 Point Nepean Rd, Dromana

107/277 Point Nepean Rd, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2226m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last transferred in December 2023.

Building Type
Unit
Year Built
2014
Floor Size
130m2
Land Size
2226m2
Local Government
Mornington Peninsula
Lot/Plan
107/PS629688

Last Listing description (December 2021)

12 MONTH LEASE
This address says it all! This apartment is opposite the beach and neighbours with the Dromana Hub Shopping Center and a huge array of restaurants, cafes and boutique shops. One of few in its kind at such prime location, this apartment enjoys beautiful court yard, art deco corridor and use of a roof top pool with breathtaking views.

A long list of features with this apartment includes secured garage parking, security access, 2 bedrooms with BIRs, air-conditioning, heater and ceiling fan in each bedroom, additional toilet and large balcony. European kitchen appliances and lift access.

Private inspections by appointment.

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Property History for 107/277 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Transferred
02 Dec 2023
Listed for Rent
$435/w
18 Nov 2021
  • 02 Dec 2023
    Transferred
  • 18 Nov 2021
    Listed for Rent $435 / week
  • 28 Jan 2021
    Listed for Rent $430 / 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, 168 properties were sold in the past 12 months in Dromana.

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