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Sold on 16 Jun 2024 for $1,135,000

2/31 Olympic Parade
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 177m2
Land area: 231m2
Sold By
Belle Property Rosebud / Dromana
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Property Details for 2/31 Olympic Pde, Dromana

2/31 Olympic Pde, Dromana is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2022. The property has a land size of 231m2 and floor size of 177m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Townhouse sold in Dromana in the last 12 months.

Building Type
Townhouse
Year Built
2022
Floor Size
177m2
Land Size
231m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS843576

Last Listing description (September 2024)

This flawless dual-level residence boasts meticulously crafted interiors and a seamless connection to the outdoors from both levels. Conveniently located downstairs, you'll find 3 generous bedrooms, 2 luxuriously appointed bathrooms, and a spacious lounge that extends to a low-maintenance courtyard for year-round enjoyment. Upstairs a substantial open-concept living space with a home office, powder room and sleek stone kitchen flows to a covered balcony with views of the bay and Arthurs Seat. Handy to Boundary Road shops and caf?s, with Dromana Hub, freeway and beautiful beaches moments away.

- Downstairs lounge with bi-fold doors/screens and polished concrete
- Spacious open-plan living/dining with balcony, stacker doors/screens

- 900mm SMEG stove and rangehood, abundant storage and dishwasher
- Quality soft-close cabinetry, stone island with extra storage & power point
- Master bedroom seamlessly extends to timber deck via bi-fold doors
- Stunning ensuite with large rainfall shower, stone-top vanity and toilet
- 2 bedrooms with BIRs, bathroom with shower-in-bath, stone vanity, toilet
- Large home office/4th bed and powder room upstairs, roof storage
- Tasmanian oak, polished concrete, rectified porcelain tiling, wool carpet
- Fitted laundry with ample storage, stone counter and external access
- Hydronic heating with thermostat, Mitsubishi r/c air-con upstairs
- Terraced courtyard with easy-care garden, brick fireplace/barbecue
- 5,000L rainwater tanks for garden/toilets, hot/cold outdoor shower
- Remote control double garage with internal access and door to courtyard

Property History for 2/31 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,135,000
16 Jun 2024
  • 16 Jun 2024
    Sold for $1,135,000
  • 09 Apr 2024
    Listed for Sale Not Disclosed

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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.