29 Tennent StreetDromana VIC 3936
Property Details for 29 Tennent St, Dromana
Last Listing description (January 2024)
Presenting a fantastic opportunity for owner-occupiers or developers, this substantial, slightly-sloping parcel of land measures 1,012sqm (approx.) and is set in a great location, perfect for a relaxed lifestyle near the beach. Bring your plans to create your own new home or townhouses for investment (Subject To Council Approval), and make the most of the block's potential for bay views.
Ideally positioned to explore the Peninsula, it's in walking distance to the beautiful beach and Dromana shopping centre, close to schools, and has easy freeway access nearby.
- Great opportunity for a contemporary new permanent/holiday home
- Sloping block offers bay view potential, particularly with 2-storeys
- Around 1.6km walk to the beautiful beach and Dromana shopping centre
- 1.5km to Boundary Rd shops and cafes, plus Hillview Community Reserve
- Close to Peninsula wineries, golf courses, amazing scenic attractions
- Minutes to local schools, freeway access, Arthur's Seat State Park
- Substantial cleared land providing plenty of design scope STCA
Property History for 29 Tennent St, Dromana, VIC 3936
- 08 Feb 2024Sold for $940,000
- 23 Jan 2024Listed for Sale Not Disclosed
- 01 Dec 1987Sold for $41,000
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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.
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