OFF MARKET

115/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 2
Car spaces: -
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Property Details for 115/277 Point Nepean Rd, Dromana

115/277 Point Nepean Rd, Dromana is a 2 bedroom, 2 bathroom Unit and was built in 2014. While the property is not currently for sale or for rent, it was last sold in April 2022.

Building Type
Unit
Year Built
2014
Local Government
Mornington Peninsula
Lot/Plan
115/PS629688

Last Listing description (February 2019)

Offering simply the best location and views in Dromana, this outstanding apartment is right in the heart of the village and offers a lifestyle opportunity second to none. A sense of natural light and space is perfectly captured by this stunning apartments' north facing aspect and large cafe windows enhancing the gorgeous views of the bay. With secure remote entry, a gourmet kitchen, and remote garaging, this is the ideal property astute buyers who love life and want to enjoy the best that the Peninsula has to offer. Also featuring; air-conditioning and heating, secure common areas with lift and a rooftop pool. We all want this one, so be quick!

Property History for 115/277 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,320,000
30 Apr 2022
  • 30 Apr 2022
    Sold for $1,320,000
  • 12 Jul 2017
    Listed for Sale $1,100,000 - $1,200,000

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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.