OFF MARKET

115 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 5
Bathrooms: 2
Car spaces: 2
Land area: 591m2
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Last updated 11 Nov 2024
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Property Details for 115 Palmerston Ave, Dromana

115 Palmerston Ave, Dromana is a 5 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 591m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
House
Land Size
591m2
Local Government
Mornington Peninsula
Lot/Plan
5/LP21130

Last Listing description (September 2022)

Just 800 metres to the beach, shops and wonderful Dromana cafes and restaurants, is this 5 bedroom home with family living in mind. Upstairs you will find a large living area complete with three bedrooms, large kitchen and dining leading out to great size deck. Heading back downstairs you will find a second living area with kitchen plus two more bedrooms. Step into a large laundry which leads to a full size backyard complete with workshop and fruit trees. All this adds up to a great family home on 590M2.
Features Include
*Two Living areas

*Two Kitchens
*Five Bedrooms
*Upstairs and downstairs bathrooms
*Reverse cycle air con units
*SLUG with remote which leads to work shop
*Large flat back yard
*800 Metres to the Beach

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Property History for 115 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$902,000
25 May 2022
Listed for Rent
$280/w
22 Sep 2016
  • 25 May 2022
    Sold for $902,000
  • 04 May 2022
    Listed for Sale $900,000 to $950,000
  • 20 Dec 2018
    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 5,886 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, 167 properties were sold in the past 12 months in Dromana.

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