14 Thomas StreetDromana VIC 3936
Property Details for 14 Thomas St, Dromana
14 Thomas St, Dromana is a 0 bedroom, 0 bathroom Unit and was built in 2023. The property has a land size of 883m2 and floor size of 502m2. While the property is not currently for sale or for rent, it was last sold in February 2019.
Last Listing description (March 2019)
Inspect as advertised or easily by appointment. Call or text Elke anytime on 0423 211 315
With emphasis on location, this prime beach side allotment of approx 888 sqm is conveniently positioned just about 450 meters to the beach. Currently a dual occupancy site- the two homes, rated separately, offer amazing potential for improvement. In mostly original condition, the cottages each offer 2 bedrooms, central bathroom & light-filled living spaces. They are currently leased at a healthy combined income of $2,340 per month. Grow your investment portfolio with exceptional potential to develop later and with bay views from a 2nd storey building (STCA). Easy walking distance to the Dromana shopping precinct, beach, pier, Primary school & sporting facilities. Use as dual permanent rental or family holiday home base until you are ready to develop. The possibilities are bountiful!
*all measurements are approximate
Property History for 14 Thomas St, Dromana, VIC 3936
- 20 Feb 2019Sold for $752,500
- 16 Jul 2018Listed for Rent - Price not available
- 09 May 2018Listed for Sale $880,000 - $965,000
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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.
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