38-40 Verdon StreetDromana VIC 3936
Property Details for 38-40 Verdon St, Dromana
38-40 Verdon St, Dromana is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1980. The property has a land size of 1576m2 and floor size of 256m2. While the property is not currently for sale or for rent, it was last sold in January 2019.
Last Listing description (February 2019)
Positioned on a generous 1567m2 (approx.) beachside allotment, this brick veneer residence offers enormous potential. A short walk to shops, cafes and Dromana s stunning foreshore, it provides an outstanding opportunity for subdivision or a multi-townhouse development (STCA).
The solid home features a vast entertaining terrace with panoramic views of Port Phillip Bay. It provides the perfect setting for family gatherings as you watch ships sail by and admire magnificent sunsets. The spacious design boasts 2 generous living zones and a kitchen with a gas cooktop, oven and dishwasher. There is a formal dining room plus a balcony which captures picturesque views of the bay and Mount Martha.
Nestled at the end of a no-through road, this property is a short walk to Dromana Primary School and bus stops and offers easy access to the freeway. Providing endless possibilities, this unique opportunity is not to be missed.
Property History for 38-40 Verdon St, Dromana, VIC 3936
- 09 Jan 2019Sold for $1,100,000
- 30 May 2018Listed for Sale Not Disclosed
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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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