OFF MARKET

27 Olympic Parade
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 711m2
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Property Details for 27 Olympic Pde, Dromana

27 Olympic Pde, Dromana is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1984. The property has a land size of 711m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in August 2012.

Building Type
House
Year Built
1984
Floor Size
90m2
Land Size
711m2
Local Government
Mornington Peninsula
Lot/Plan
330/LP41392

Last Listing description (April 2012)

INVEST, RENOVATE, RETIRE
THIS NEATLY PRESENTED MARKLEWS HOME OF APPROX.12 SQUARES SITUATED ON A REASONABLE BLOCK OF APPROX. 700M2 REPRESENTS AN ENTRY LEVEL PRICE WITH PLENTY OF SCOPE FOR IMPROVEMENT OR REFURBISHMENT. THE RENDERED BRICK FINISH AND PAVED SURROUNDS MAKE FOR LOW MAINTENANCE WHILST THE LAYOUT OF 3 BEDROOMS, LOUNGE/DINING, BATH AND SEPARATE LAUNDRY WOULD SUIT THE DOWNSIZING RETIREE OR SMALL FAMILY. A TANDEM CARPORT WITH AUTO DOOR AND A MATURE WELL FENCED GARDEN COMPLETE THIS PROPERTY SITUATED IN FAST DEVELOPING TOWNSHIP OF DROMANA AT THE END OF THE FRANKSTON BYPASS RIGHT IN THE HEART OF THE MORNINGTON PENINSULA.

Property History for 27 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$340,000
09 Aug 2012
  • 09 Aug 2012
    Sold for $340,000
  • 13 Mar 2012
    Sold for $340,000
  • 08 Feb 2012
    Listed for Sale $349,950
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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, 168 properties were sold in the past 12 months in Dromana.

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