OFF MARKET

109/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 2226m2
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Property Details for 109/277 Point Nepean Rd, Dromana

109/277 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. While the property is not currently for sale or for rent, it was last transferred in December 2023.

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

Last Listing description (July 2024)

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 a beautiful court yard, art deco corridor and use of a roof top pool with breathtaking views.
This unit has bay views from its balcony off from the main living area.

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 upon completion of an application.
Apartment is currently vacant and ready to go as of 9/4

Property History for 109/277 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
$415/w
19 Aug 2021
  • 10 Feb 2024
    Listed for Rent $500 / week
  • 02 Dec 2023
    Transferred
  • 05 Aug 2021
    Listed for Rent $415 / 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.

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.