OFF MARKET

291 Boundary Road
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Floor area: 124m2
Land area: 735m2
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Property Details for 291 Boundary Rd, Dromana

291 Boundary Rd, Dromana is a 3 bedroom, 2 bathroom House with 3 parking spaces and was built in 1970. The property has a land size of 735m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2023.

Building Type
House
Year Built
1970
Floor Size
124m2
Land Size
735m2
Local Government
Mornington Peninsula
Lot/Plan
9/LP27802

Last Listing description (July 2023)

Elevated on Dromana Hillside and commanding breathtaking Bay views from multiple vantage points, this outstandingly located residence on 735 square metres (approx.) represents a world of opportunities to live the Peninsula dream.

Set well back from the road, behind a lush front lawn, the home's northerly facing upper level has a full width covered entertaining balcony to soak in the incredible views, which can also be enjoyed from the spacious open plan kitchen/living/dining area, and one of the upstairs bedrooms. The light and airy coastal theme dominates here with polished timber floors, fresh white paint, and a stylish kitchen with stone benchtops and an Emilia Italian free-standing stainless steel cooker. The two upper-level bedrooms have built-in robes, and there is a central bathroom, with tub. A series of cleverly positioned air vents captures the prevailing sea breezes, allowing for natural temperature control, plus there is a gas wall heater and split system heating and cooling as well. The lower level is self-contained, with dual access, including a via sliding glass door from the front deck. Ideal as home office or separate guest hosting accommodation, there is a bedroom, living area, kitchenette, bathroom, and laundry with external access.

Just minutes from the freeway and endless bike trails, there is a single lock-up garage, a large workshop/storage area, plus plenty of off-street parking, and a fully fenced landscaped backyard with alfresco patio. Ideal for holiday rental, multi-generational permanent living, or redevelop and build your own Peninsula dream home (STCA), this property is perfectly positioned to access all of the Peninsula's outstanding attractions, with the sands of Dromana beach just moments away.

Property History for 291 Boundary Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,080,000
31 Jul 2023
Listed for Rent
$395/w
11 May 2019
  • 31 Jul 2023
    Sold for $1,080,000
  • 19 May 2023
    Listed for Sale $1,100,000 - $1,200,000
  • 10 Apr 2019
    Listed for Rent - Price not available
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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 5,845 properties. Over the last 5 years, Houses in Dromana have seen a 46.28% increase in median value, while Units have seen a 26.83% increase. As at 31 July 2024:

  • The median value for Houses in Dromana is $972,962 while the median value for Units is $778,410.
  • Houses have a median rent of $600 while Units have a median rent of $550.
There are currently 32 properties listed for sale, and 4 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 174 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.