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RECENT ADVICE
Sold on 18 Jan 2024 for $630,000

20 Lombardy Avenue
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 716m2
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Property Details for 20 Lombardy Ave, Dromana

20 Lombardy Ave, Dromana is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 716m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Land Size
716m2
Local Government
Mornington Peninsula
Lot/Plan
36/LP41392

Last Listing description (January 2024)

A fantastic property offering a myriad of possibilities in the heart of Dromana. Whether you're looking to build your dream home or embark on a lucrative development project (STCA), this outstanding level allotment is the canvas you've been searching for.

Land Highlights:

- Land area approx 716m2

- Outstanding level allotment in a quiet residential area
- All services are available for connection
- GRZ1 Zoning DDO1 - Ideal for further development Subject to Council Approval

This prime piece of real estate is situated in a tranquil and desirable residential area with great access to parkland, mountain biking, cafe's, shops, wineries and beaches, providing the perfect backdrop for your vision.

House Features:

- Demolish or a FIXER upper!

The existing structure on the property offers a unique opportunity for those with a vision. Whether you're inclined to demolish and start fresh or take on a rewarding fixer-upper project, this house provides the flexibility to create a home that suits your lifestyle.

Property History for 20 Lombardy Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$630,000
18 Jan 2024
  • 19 Jan 2024
    Sold for $630,000
  • 08 Jan 2024
    Listed for Sale Under Offer
  • 01 Apr 1989
    Sold for $71,000
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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, 167 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Contact agent
Liam Mangan
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Mike Mangan
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Bennetts Real Estate - 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.