OFF MARKET

29/131 Nepean Highway
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Property Details for 29/131 Nepean Hwy, Dromana

29/131 Nepean Hwy, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 53m2.

Building Type
Unit
Year Built
2006
Floor Size
53m2
Local Government
Mornington Peninsula

Last Listing description (August 2019)

Phone Enquiry ID: 60929
Uniquely placed cabin, in a very quiet corner at the pristine exquisite Dromana Holiday Village. The entertaining options for the kids and family are limitless, with an outdoor solar heated pool, tennis courts, games room, indoor heated pool constantly at 30c and several fantastic BBQ and park facilities with a playground to enjoy all year round. This property has its own incredible zen and one of a kind, brand new kitchen and appliances, situated on a gorgeous quiet corner. Why not sip a glass of wine while relaxing on an alfresco covered deck with retractable external patio blinds, creating the perfect spot for entertaining in complete privacy or complete exposure this summer. What a way to live the lifestyle on the Mornington Peninsula in this gated security coded estate. Some benefits associated with this home are the following; options for a large third bedroom, no stamp duty payable on purchase, no water or council rates, no property maintenance, 95 year leasehold left, with a further option to another 99 years, security pin gate access, 2 swimming pools, tennis court and other recreation facilities. Please note this property was recently rented out for $450 per week to a permanent tenant on a six month lease and previously to that on Airbnb for between $250 - $350 per night so perfect if you re looking for a great investment opportunity.

Property History for 29/131 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
  • 25 May 2018
    Listed for Sale $250,000 - $260,000
  • 27 Oct 2017
    Listed for Sale $275,500
  • 22 Sep 2016
    Listed for Sale UNDER CONTRACT - TEAM YPA

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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.

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.