SOLD
Sold on 27 Dec 2023 for $835,000

121 Rainier Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 10m2
Land area: 712m2
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Property Details for 121 Rainier Ave, Dromana

121 Rainier Ave, Dromana is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 712m2 and floor size of 10m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
10m2
Land Size
712m2
Local Government
Mornington Peninsula
Lot/Plan
517/LP41392

Last Listing description (February 2024)

Timeless charm and elegance unite in this inviting 3 bedroom family home. Nestled on a generous 712sqm allotment, this home boasts two modern bathrooms and offers undercover car parking for three vehicles.

This home features three well-proportioned bedrooms, providing comfortable accommodation for a growing family or guests.

Enjoy the luxury of two recently updated bathrooms, offering contemporary fixtures and finishes that blend seamlessly with the home's classic character.

The expansive backyard offers a well-cared for and much loved garden for your outdoor entertainment dreams.

Situated in a sought-after pocket of Dromana, you'll enjoy easy access to the town's stunning beaches, boutique shops, dining, and the renowned Mornington Peninsula wineries and attractions. Whether you're seeking a family home, an investment or a retreat by the beach, this property offers endless potential.

Don't miss out on this unique opportunity to secure your future in Dromana. Contact us today to arrange a viewing.

Property History for 121 Rainier Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$835,000
27 Dec 2023
  • 27 Dec 2023
    Sold for $835,000
  • 26 May 2023
    Listed for Sale NEW PRICE $850,000 to $925,000
  • 19 Jul 2016
    Sold for $510,000
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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, 167 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Osmond Newitt
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Terry Burgoyne
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Barry Plant Dromana
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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.