OFF MARKET

123 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 108m2
Land area: 499m2
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Property Details for 123 Palmerston Ave, Dromana

123 Palmerston Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 499m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in August 2013.

Building Type
House
Year Built
1975
Floor Size
108m2
Land Size
499m2
Local Government
Mornington Peninsula
Lot/Plan
1/PS635865

Last Listing description (July 2013)

LIGHT & BRIGHT & AS GOOD AS NEW
*PRICE REDUCTION*
Totally refurbished with a sensational contemporary dcor, featuring 3 bedrooms, 2 toilets large modern bathroom with double sized shower. Remote garage door with internal access, separate laundry and large open living area. Extensive timber decking and large covered outdoor entertaining area, complete this very attractive home. On nearly 500 sq.mt this property is well located within easy reach of Dromana shops and easy access to Peninsula Link and freeway through to Melbourne.

Property History for 123 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$397,000
03 Aug 2013
  • 17 Oct 2014
    Listed for Sale Not Disclosed
  • 03 Aug 2013
    Sold for $397,000
  • 07 Mar 2013
    Listed for Sale $434,000

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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.

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