OFF MARKET

2/23 Pier Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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Last updated 18 Nov 2024
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Property Details for 2/23 Pier St, Dromana

2/23 Pier St, Dromana is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Local Government
Mornington Peninsula
Lot/Plan
1/PS628256

Last Listing description (March 2022)

This unique 2 bedroom apartment on the popular shopping aisle of Pier Street Dromana comes with a view from the balcony straight down the Dromana Pier!

With a nice open plan kitchen and two spacious bedrooms, this property can suit an entry level purchaser or those looking to downsize.

Accross the road and just a 30 second walk you'll find all amenities including the Dromana Hub shopping centre with it's famous IGA supermarket, one of Metro Melbourne's best beaches, local reserves and much more!

Do not miss out on this unique opportunity to enter the Dromana apartment market!

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

A timeline of how this property has performed in the market
Last Sold
$567,500
12 Oct 2021
Listed for Rent
$300/w
14 Aug 2014
  • 28 Oct 2021
    Listed for Sale $580,000 - $620,000
  • 12 Oct 2021
    Sold for $567,500
  • 17 Sep 2021
    Listed for Sale $580,000 - $620,000
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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.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 168 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.