SOLD
RECENT ADVICE
Sold on 11 Jan 2024 for $610,000

2/23 James Street
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 2/23 James St, Dromana

2/23 James St, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Dromana in the last 12 months.

Building Type
Unit
Local Government
Mornington Peninsula
Lot/Plan
2/RP19862

Last Listing description (January 2024)

This inviting, light-filled unit is tucked away in a serene pocket of Dromana, offering a tranquil escape within walking distance to all conveniences. Boasting an upgraded kitchen, two bedrooms, one bathroom, and a separate toilet, the interior is complemented by gas heating and a split-system for both warmth and cooling. A single-car garage and a rear deck add to the allure of this impeccably maintained unit, making it an ideal first home, downsizer, or a delightful holiday retreat.

Additionally, it presents a great investment opportunity with an estimated return of $425 - $450 per week. Conveniently situated, the property is just a short walk from bus stops, parks, the beach, Dromana Primary School, and popular restaurants. With proximity to wineries, golf courses, and picturesque coastal and hinterland walks, this presents a superb opportunity to embrace the Peninsula lifestyle in a sought-after, beachside locale.

Disclaimer: All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice.

Property History for 2/23 James St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$610,000
11 Jan 2024
Listed for Rent
$330/w
16 Aug 2019
  • 05 Jan 2024
    Sold for $610,000
  • 07 Dec 2023
    Listed for Sale $595,000 - $625,000
  • 20 Jul 2022
    Sold for $560,000
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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 5,889 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 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Contact agent
Ryan Oswald
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YPA Dromana
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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.