SOLD
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Sold on 29 Mar 2024 for $791,000

276 Boundary Road
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 784.3m2
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Property Details for 276 Boundary Rd, Dromana

276 Boundary Rd, Dromana is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 784.3m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Land Size
784.3m2
Local Government
Mornington Peninsula
Lot/Plan
65/LP12635

Last Listing description (March 2024)

This original 3 bedroom home is light and open with great scope for future renovation. Explore your options to extend up and maximise the brilliant Bay view potential (STCA). The light & bright North facing living area sits adjacent to the functional original kitchen and dining, along with 3 large bedrooms, all with BIR's & a neat central bathroom with bath, shower and separate WC. The covered balcony wraps around the front and side of the house & captures a lovely outlook of the bay and Martha Point. The generous 784sqm (approx) corner allotment with fully fenced rear yard offers plenty of scope to value-add with some choice cosmetic updates as time and money permits. Situated just 1.6km from the water's edge, the 1990's Hardie Plank home has great potential in a sought-after area. In mostly original condition, features include split system air conditioning, gas wall furnace, tandem carport and double car garage/workshop with power. The options are many- utilise as an investment property, renovate, extend (stca) or just enjoy as a getaway or permanent residence, the choice is yours. Situated in a family-friendly location that puts you close to public transport, schools, shopping, beach & easy freeway access – come & see the possibilities!

Property History for 276 Boundary Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$791,000
29 Mar 2024
  • 26 Mar 2024
    Sold for $791,000
  • 20 Mar 2024
    Listed for Sale $775,000 - $810,000
  • 01 Apr 2010
    Transferred
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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 5,887 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, 170 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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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.