OFF MARKET

3 Layard Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 620m2
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Last updated 11 Nov 2024
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Property Details for 3 Layard St, Dromana

3 Layard St, Dromana is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 620m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Land Size
620m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS835936

Last Listing description (July 2020)

Auction Location: on site.

SOLD BY MIKE ONEILL
This site has location, location, location written all over it. Situated in the heart of Old Dromana halfway up the hill to Heronswood youll find arguably Dromanas best block. This 624m2 title in a sublime location will offer uninterrupted views from a carefully considered design that would take in the Melbourne City Skyline, the Heads, the You Yangs and a huge swathe of Port Philip Bay with a true north aspect. Easy beach access, easy Mornington Peninsula Freeway access, an easy walk into Dromana township this locale has it all. Serious change and development is occurring all around this part of the Mornington Peninsula so build for yourself or speculate as the rewards of this location are assured.

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Property History for 3 Layard St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$845,000
22 Feb 2020
  • 22 Feb 2020
    Sold for $845,000
  • 21 Feb 2020
    Listed for Sale Contact Agent

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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 43 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 164 properties were sold in the past 12 months in Dromana.

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