SOLD
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Sold on 03 Jun 2024 for $235,000

114/131 Nepean Highway
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 114/131 Nepean Hwy, Dromana

114/131 Nepean Hwy, Dromana is a 2 bedroom, 1 bathroom Villa with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Villa sold in Dromana in the last 12 months.

Building Type
Villa
Local Government
Mornington Peninsula

Last Listing description (June 2024)

The Peninsula holiday lifestyle beckons with this exceptional 2-bedroom unit, coveting a peaceful court location in the heart of Dromana's Holiday Village. Ideal as a relaxed weekender or a perfect lifestyle retreat for retirees, downsizers or those starting out, it presents a complete resort-like offering, metres from indoor and outdoor pools, a tennis court, BBQ facilities and a children's playground.

The cover of the single sealed carport extends to an entry/alfresco deck that's perfect for alfresco dining and relaxation year-round, moving through sliding doors into a vast lounge, dining and kitchen arrangement, fully equipped with a gas cooker, split-system air conditioning, a ceiling fan and easy-care floating floors.

Two bedrooms include one with two built-in bunks, with near-immediate access to the central bathroom with laundry facilities. The hidden benefits of no water or council rates, long land leases, exclusive security gate access, and fully-maintained grounds add to the unique appeal of Dromana Holiday Village living, located a stone's throw from Mornington Peninsula Freeway access, with artisan treats from Miller's Bakehouse and Dromana's beachside shopping strip, plus leisurely walks along the Dromana foreshore all within easy reach.

Property History for 114/131 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$235,000
03 Jun 2024
  • 03 Jun 2024
    Sold for $235,000
  • 19 May 2020
    Listed for Sale Not Disclosed
  • 22 Apr 2016
    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.

Suburb Insights for Dromana 3936

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Contact agent
Jared McGovern
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Stephanie Mcgovern
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OBrien Real Estate - Langwarrin
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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.