SOLD
Sold on 29 Feb 2024 for $1,500,000

3A Wonga Grove
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 2974m2
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Property Details for 3a Wonga Gr, Dromana

Building Type
Land
Land Size
2974m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS747176

Last Listing description (March 2021)

Expressions Of Interest Closing 11am, March 16th.
Dare to dream with this 2990m2 (approx) block of land capturing Port Phillip Bay and city skyline views, walking distance to the beach.

This is one of McCrae's most sought-after precincts, where you can gaze at the emerald green water off Anthony's Nose, and walk to it in minutes.

The site presents a rare opportunity to build a brand new home (STCA) in a scenic hillside location framed in nature and surrounded by quiet streets with barely a passing car.

The bushland setting has the feel of being in another world, while the golden shores below and the Bay Trail beside it offer effortless summer swims and year-round seaside walks.

This tightly-held location is within easy reach of McCrae Plaza, the McCrae Yacht Club, iconic Peninsula restaurants and cafes, Arthurs Seat bushland walks and more.

Seldom do blocks of this size near the beach with views come onto the market. This is an opportunity not to be missed.

Property History for 3a Wonga Gr, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,500,000
29 Feb 2024
  • 29 Feb 2024
    Sold for $1,500,000
  • 25 Mar 2021
    Sold for $1,330,000
  • 15 Feb 2021
    Listed for Sale $1,330,000

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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.