OFF MARKET

27 Elizabeth Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 118m2
Land area: 742m2
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Property Details for 27 Elizabeth Ave, Dromana

27 Elizabeth Ave, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1977. The property has a land size of 742m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
House
Year Built
1977
Floor Size
118m2
Land Size
742m2
Local Government
Mornington Peninsula
Lot/Plan
196/LP12635

Last Listing description (September 2016)

SUB DIVIDABLE BLOCK (STCA) with good quality 3 bedroom home. Large block with potential BAY VIEWS from 2nd level. Well presented elevated home quite livable as is, or re-develop. Rental return approx $350 per week. Nice quiet tree lined street. House has front and rear timber decks, huge double garage and workshop. Vacant possession right now!!!

Property History for 27 Elizabeth Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$459,000
25 Jul 2016
Listed for Rent
$320/w
08 Jul 2016
  • 25 Jul 2016
    Sold for $459,000
  • 21 Jul 2016
    Listed for Sale $459,000
  • 13 May 2016
    Listed for Rent $320 / week
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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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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.