OFF MARKET

3/23 Pier Street
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 109m2
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Property Details for 3/23 Pier St, Dromana

3/23 Pier St, Dromana is a 2 bedroom, 1 bathroom Unit and was built in 2011. The property has a floor size of 109m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2011
Floor Size
109m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS628256

Last Listing description (December 2021)

Boasting waterfront views from a privileged position only moments from the shore, while also enjoying a simple yet refined interior design, this single room residence is a fully-equipped entertainers paradise promising the best in low-maintenance, luxury living.

A spacious open plan entertaining space echoes the beachside surrounds, with slate flooring and cream pastel toned walls benefiting from a sun-soaked floor plan. Sliding doors open out onto a private balcony affording waterfront views and an observation point for the lively street below.

Tucked away in the corner is the inconspicuous yet functional kitchen that comes adorned with all the fittings of modern convenience, lavished with a generous L-shaped bench, breakfast bar, and extensive cabinet space.

Fall in love with a property which makes you wish to visit for its interior design, but inspires you to stay for its location. Nestled above local businesses and comfortably hugged on both sides by George A Bishop Reserve and Dromana Reserve & Playground, your sun-drenched balcony enjoys waterfront views and landscape vistas of the surrounding mountains. Enjoy the benefit of the 787 bus stopping at your doorstep, taking you from Sorento Ferry to Safety Beach. Charming artisanal businesses line the esplanade, with everything, from local parks, bars and businesses all just a short walk away.

Property History for 3/23 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$600,000
03 Nov 2021
Listed for Rent
$330/w
08 May 2020
  • 03 Nov 2021
    Sold for $600,000
  • 30 Sep 2021
    Listed for Sale $590,000 - $640,000
  • 29 Feb 2020
    Listed for Rent $330 / week
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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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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.