OFF MARKET

31 James Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 3
Land area: 1262m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 11 Nov 2024
Low

High
Save

Property Details for 31 James St, Dromana

31 James St, Dromana is a 3 bedroom, 2 bathroom House with 3 parking spaces. The property has a land size of 1262m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
House
Land Size
1262m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP159002

Last Listing description (February 2024)

Nestled on a generous 1262m plot, this charming home beckons with endless potential. Whether you envision it as a development, holiday retreat or your permanent abode, this property offers a versatile space for your immediate needs, giving you the freedom to plan your future.

Key Features:

Immediate suitability as a holiday home or for permanent living while planning for future development (STCA) providing you with flexibility, convenience and potentially an income.

North-facing with captivating bay views, this property holds the promise of a picturesque lifestyle. Explore the potential for a multiple townhouse development (STCA) to maximize the space and views.

Inside, discover a spacious living area perfect for entertaining a large family. Enjoy modern comforts with split system heating & cooling. Upstairs, two generously sized bedrooms boast comfort and charm, complemented by a retro yet tidy bathroom with a bathtub. Downstairs, a single bedroom with an ensuite offers additional convenience.

Take advantage of the full-width balcony at the front of the home and the practicality of a drive-through to the backyard, complete with an extra single garage providing both comfort and functionality.

Convenience is at your doorstep. This property is strategically located within walking distance to Dromana's pristine beach, the bustling Dromana Shopping Centre, Dromana Primary School, Public Transport, and the famous Eagle Chairlift. Everything that defines Dromana's charm is within arm's reach. Plus, indulge your senses with a short drive to the region's renowned wineries and explore the entirety of the Mornington Peninsula's attractions.

This property is more than just a house; it's a canvas for your dreams. Whether you're looking for a comfortable dwelling, an investment opportunity, or the foundation for your dream development, this space is ready to transform into whatever you desire.

We welcome Sunday Inspections - as advertised or by appointment
PHOTO ID is required at all Open For Inspections.

Disclaimer: All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice.

Property History for 31 James St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,400,000
21 Oct 2023
  • 21 Oct 2023
    Sold for $1,400,000
  • 06 Oct 2023
    Listed for Sale $1,395,000 - $1,495,000

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, 168 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.