36 Lugano AvenueDromana VIC 3936
Property Details for 36 Lugano Ave, Dromana
36 Lugano Ave, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 721m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (August 2021)
Be fair to say this old girl needs some work. 721m2 of quality land with a free, three bedroom house in massively popular Dromana. This flat block of land has an exciting future in the right hands of developers (STCA), renovators or someone wishing to build their dream home.
Just 5 mins to the beautiful Dromana beach, 5 minutes to the some of the world's best Pinot and Chardonnay Vineyards. With a great high school, primary school, the worlds best supermarket (2019), and amazing local restaurants, Dromana is an iconic place to live on the Mornington Peninsula. Outstanding buying and future opportunities here and it won't last long.
Property History for 36 Lugano Ave, Dromana, VIC 3936
- 20 Jul 2021Sold for $650,000
- 12 Jul 2021Listed for Sale UNDER CONTRACT
- 01 Nov 2012Sold for $370,000
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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.
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