OFF MARKET

127 Rainier Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 92m2
Land area: 713m2
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Property Details for 127 Rainier Ave, Dromana

127 Rainier Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 713m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
House
Floor Size
92m2
Land Size
713m2
Local Government
Mornington Peninsula
Lot/Plan
520/LP41392

Last Listing description (November 2021)

Situated in a quiet, family-friendly neighbourhood lies this loveable single-level home on a fantastic 719m2 (approx.) allotment of land. Located in the heart of Dromana, this property is perfect for that seaside escape, first home or investment and has huge possibilities to renovate, improve or re-create the home of your dreams only moments from the beach.

The warm and inviting cottage offers polished hardwood flooring throughout and an open plan dining kitchen area that adjoins the living space. The two spacious bedrooms further enhance the appeal, which are both serviced by a central bathroom. The covered alfresco area overlooks the landscaped garden and is perfect for outdoor entertaining or simply relaxing and enjoying the sound of bird wildlife.

Other features include a single lock up garage with carport, garden shed, undercover barbeque area, separate laundry, wood log fireplace and return driveway perfect for parking a boat, caravan/or trailer.

All of this is ideally located only minutes to the soft white sands of Port Phillip Bay, the trendy eateries and bars along the foreshore, Dromana Primary & Secondary schools, the freeway, and many more of the Peninsula's finest attractions.

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Property History for 127 Rainier Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$785,000
16 Nov 2021
  • 16 Nov 2021
    Sold for $785,000
  • 03 Nov 2021
    Listed for Sale Under Contract
  • 17 Feb 2010
    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 43 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Dromana.

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