OFF MARKET

18 Ocean Street
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 179m2
Land area: 581m2
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Property Details for 18 Ocean St, Dromana

18 Ocean St, Dromana is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1975. The property has a land size of 581m2 and floor size of 179m2. While the property is not currently for sale or for rent, it was last sold in November 2020.

Building Type
House
Year Built
1975
Floor Size
179m2
Land Size
581m2
Local Government
Mornington Peninsula
Lot/Plan
2/LP60664

Last Listing description (December 2020)

Capturing uninterrupted, north-facing views across the crystal clear waters of Port Phillip Bay, dont miss the opportunity to unlock this propertys full potential and enjoy a breathtaking panorama that you will never tire of. Positioned on a low-maintenance 581m2 (approx.) parcel of land with an incredible outlook from nearly every room, the double-storey home is the perfect place to make your own or enjoy as a lock-up and leave holiday retreat.

Awash with glorious natural light, the main living area spills out onto an entertaining balcony where you can admire magnificent sunsets and enjoy unforgettable views encompassing the shipping channel, Mount Martha, the You Yangs and city skyline.

On entry level is a sunny kitchen with a walk-in pantry, an open-plan living/dining area, 3 good-sized bedrooms and a family bathroom. The self-contained lower level has internal and external access and comes complete with a kitchen/living area, a 4th bedroom, 2nd bathroom/laundry and its own private entrance. Ideal for those seeking extra room for guests or extended family, this space also offers potential as an income-earning B&B or long-term rental.

Other inclusions are a gas wall furnace, 2 split-system air-conditioners, a double carport, workshop, a circular driveway with 2 crossovers plus ample off-street parking for your boat, motorhome or trailer.

With over 30 squares of under-roof living on offer, this much-loved property is nestled in a quiet pocket minutes to the beach, shops, restaurants and cafes and just an hour (approx.) from Melbourne via Peninsula Link. A blank canvas providing future development potential (STCA), this terrific property is one you dont want to miss.

Property History for 18 Ocean St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$770,000
23 Nov 2020
  • 23 Nov 2020
    Sold for $770,000
  • 15 Oct 2020
    Listed for Sale $810,000 - $890,000
  • 22 May 2020
    Listed for Sale $849,000
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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 5,887 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, 170 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.