SOLD
Sold on 02 Dec 2023 for $760,000

20 Elizabeth Avenue
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 72m2
Land area: 744m2
Sold By
Belle Property Dromana
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Property Details for 20 Elizabeth Ave, Dromana

20 Elizabeth Ave, Dromana is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 744m2 and floor size of 72m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
72m2
Land Size
744m2
Local Government
Mornington Peninsula
Lot/Plan
219/LP12635

Last Listing description (March 2024)

Set on a generous 746sqm (approx.) block, this delightful weatherboard cottage has been updated and offers a welcoming home for permanent living or holiday escapes. Currently tenanted for immediate ROI, the beautiful property also offers options for extension or subdivision (STCA), with a dividing fence already in place in the large back garden.

With a calming coastal vibe inside and a raised deck outside providing a peaceful space to sit and relax, this lovely home is perfect for a laidback lifestyle just a short walk to shops and the beach.

- Renovated kitchen with dishwasher, freestanding oven/cooktop, pantry

- Spacious and sunlit open-plan lounge with split system heating/cooling
- Dining area opens to the large deck with tree shade, tranquil outlook
- Bright, renovated bathroom includes shower, vanity, and toilet
- Generous front garden with ample off-street parking, gates to rear
- Original timber floorboards, high ceilings, and gas ducted heating
- Large back garden, secure play area, divided for potential dual occ.
- Private rear patio space with external laundry, plus garden shed
- Close to beach, shops and caf?s via footbridge, short drive to schools

Property History for 20 Elizabeth Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$760,000
02 Dec 2023
Listed for Rent
$380/w
04 Jul 2018
  • 02 Dec 2023
    Sold for $760,000
  • 30 Oct 2023
    Listed for Sale Not Disclosed
  • 05 Jun 2018
    Listed for Rent - Price not available
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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.