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
Sold By
Belle Property Rosebud / Dromana
Save

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)

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
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 5,887 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

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.