SOLD
Sold on 28 Mar 2024 for $1,600,000

341-343 Point Nepean Road
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 147m2
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Property Details for 341-343 Point Nepean Rd, Dromana

Building Type
Commercial
Land Size
147m2
Local Government
Mornington Peninsula
Lot/Plan
2/SP29109

Property History for 341-343 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,600,000
28 Mar 2024
  • 28 Mar 2024
    Sold for $1,600,000
  • 28 Sep 2015
    Sold for $450,000
  • 28 Sep 2015
    Sold for $450,000
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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 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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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.