OFF MARKET

3 Panoramic Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 105m2
Land area: 742m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 3 Panoramic Ave, Dromana

3 Panoramic Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 742m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in February 2016.

Building Type
House
Year Built
1960
Floor Size
105m2
Land Size
742m2
Local Government
Mornington Peninsula
Lot/Plan
98/LP12635

Last Listing description (February 2017)

Offering an ideal seaside getaway on the Dromana hillside with views across Port Phillip Bay. This spacious three bedroom home is set in a quiet and elevated position only minutes to all local amenities and beautiful Dromana foreshore. The open plan living and updated kitchen area with stainless steel appliances flow out to the spacious undercover balcony through glass sliding doors allowing you to enjoy the views and entertain year round.
All set on a sizeable 742sqm approx. allotment with double carport, the home is currently used as a holiday rental but would certainly appeal as a permanent home, family holiday home or investment. Extra features include; ducted heating and air conditioning. Full laundry with external access, large storage area under the house and continuous flow hot water. Situated only minutes from everything the Peninsula has to offer, beautiful beaches, Arthurs Seat state park with walking tracks, local wineries, cafes, supermarket and much more all only a short one hour drive from Melbourne.

Property History for 3 Panoramic Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$505,000
06 Feb 2016
  • 06 Feb 2016
    Sold for $505,000
  • 23 Dec 2015
    Listed for Sale SOLD
  • 15 Jul 2009
    Sold for $360,000
Sign in to see more transactions

Commute Calculator

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, 165 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

Market Insights
Dromana Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Dromana Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.