SOLD
Sold on 02 Dec 2023 for $840,000

147 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 108m2
Land area: 814m2
Sold By
Adam Alexander
Belle Property Dromana
Jared Tipping
Belle Property Dromana
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Property Details for 147 Palmerston Ave, Dromana

147 Palmerston Ave, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 814m2 and floor size of 108m2. 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
Floor Size
108m2
Land Size
814m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP164984

Last Listing description (January 2024)

Set on a generous corner block spanning 814 sqm approx, this 3 bed, 2 bath beach house presents a wealth of opportunities for families, investors, owner-builders and developers. Choose to maintain as a rental or holiday home, build on the oversized front yard, or explore development options (STCA). The property offers views of Arthurs Seat, entry with adjoining lounge and dining areas, a galley kitchen and sunroom that leads to a covered patio and lawn area. Close to Dromana Hub shops, dining options, amenities, sporting grounds and the beach.

- 3 bed, 2 bath original dwelling on a level 814sqm approx block
- Galley kitchen with gas cooking, dishwasher and walk-in pantry

- Adjoining lounge and dining rooms with polished floorboards
- Sunroom or informal dining connects to outdoors through sliding door
- 3 robed bedrooms, the master with ensuite and leafy outlook
- Original bathroom with shower-in-bath, vanity and separate toilet
- Fluted woodfire heater, r/c heating and airconditioning
- Fully fenced with entry from Dyson Street, low-maintenance gardens
- Double carport and extra driveway parking, views of Arthurs Seat

Property History for 147 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$840,000
02 Dec 2023
  • 02 Dec 2023
    Sold for $840,000
  • 10 Oct 2023
    Listed for Sale Not Disclosed
  • 02 Aug 2016
    Transferred
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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 5,845 properties. Over the last 5 years, Houses in Dromana have seen a 46.28% increase in median value, while Units have seen a 26.83% increase. As at 31 July 2024:

  • The median value for Houses in Dromana is $972,962 while the median value for Units is $778,410.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 174 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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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.