215-217 Palmerston AvenueDromana VIC 3936
Property Details for 215-217 Palmerston Ave, Dromana
215-217 Palmerston Ave, Dromana is a 3 bedroom, 3 bathroom House and was built in 1885. The property has a land size of 2519m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 3 bedroom House sold in Dromana in the last 12 months.
Last Listing description (April 2024)
Nestled on 4 titles, occupying a generous 2,519.1sqm (approx.) of seaside land, Bayview House is an impressive 5-bedroom period home offering captivating northerly bay views. Built around 1880, this stunning property showcases timeless elegance and holds a prominent position near the beach on the Mornington Peninsula.
With a lap pool as its backdrop, Bayview House provides the perfect setting for summer gatherings and private relaxation. Its grandeur rivals that of multi-million-dollar period homes in Hawthorn, but without the hustle and bustle of the city.
Inside, high ceilings, exquisite timberwork, and intricate details create a warm and inviting atmosphere. The spacious single-level interior is well-suited for families, entertainers, and those seeking a coastal retreat with old-world charm.
With built-in robes in every bedroom, multiple living rooms, fireplaces, a formal dining area, and more, Bayview House provides ample space for various activities. The landscaped gardens enhance the property's beauty, while the presence of an original well and a freestanding studio adds character. The period-style bathrooms, well-appointed kitchen, generous storage, and inviting alfresco terrace further contribute to the property's appeal.
Offering excellent scope and outstanding potential for improvements (STCA), Bayview House truly embodies the allure of coastal living combined with the elegance of a bygone era.
Property History for 215-217 Palmerston Ave, Dromana, VIC 3936
- 22 Nov 2023Sold for $1,770,000
- 07 Oct 2021Sold for $1,800,000
- 04 Aug 2021Listed for Sale Forthcoming Auction
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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 5,846 properties. Over the last 5 years, Houses in Dromana have seen a 44.47% increase in median value, while Units have seen a 29.31% increase. As at 31 August 2024:
- The median value for Houses in Dromana is $969,501 while the median value for Units is $796,115.
- Houses have a median rent of $600 while Units have a median rent of $550.
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