SOLD
Sold on 06 Jul 2024 for $725,000

32 Lugano Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 116m2
Land area: 716m2
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Belle Property Rosebud / Dromana
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Property Details for 32 Lugano Ave, Dromana

32 Lugano Ave, Dromana is a 3 bedroom, 1 bathroom House. The property has a land size of 716m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Floor Size
116m2
Land Size
716m2
Local Government
Mornington Peninsula
Lot/Plan
288/LP41392

Last Listing description (October 2024)

Nestled in a tranquil coastal setting, this original residence invites your creative touch to transform it into an inviting family haven. The 3 bed, 1 bath property offers spacious living/dining, a kitchen with electric cooking, a large rear yard, and an expansive covered patio accessible from both the kitchen and living area, where you can relax and entertain. Set on a generous 716sqm approx block, the home is close to Boundary Road shops, caf?s, and bushland reserves, with Dromana Hub, beautiful beaches and the Peninsula freeway within easy reach.

- Spacious living and dining area with a northerly aspect
- Kitchen and meals area with electric upright stove and dishwasher

- 3 good-sized carpeted bedrooms with built-in robe storage
- Family bathroom with separate bath and shower plus powder room
- Generous laundry with storage and external access
- Expansive covered patio with neat front and rear yards
- Carport plus substantial steel garage, gated access to the property
- Level 716sqm approx block with potential for future subdivision (STCA)

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Property History for 32 Lugano Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$725,000
06 Jul 2024
  • 06 Jul 2024
    Sold for $725,000
  • 12 Jun 2024
    Listed for Sale SOLD
  • 20 Jun 2006
    Transferred
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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 5,846 properties. Over the last 5 years, Houses in Dromana have seen a 36.73% increase in median value, while Units have seen a 18.25% increase. As at 30 September 2024:

  • The median value for Houses in Dromana is $942,608 while the median value for Units is $778,267.
  • Houses have a median rent of $600 while Units have a median rent of $570.
There are currently 33 properties listed for sale, and 9 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 173 properties were sold in the past 12 months in Dromana.

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