4 Margo StreetDromana VIC 3936
Property Details for 4 Margo St, Dromana
4 Margo St, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 293m2. While the property is not currently for sale or for rent, it was last sold in June 2018.
Last Listing description (June 2018)
750m to beach. Spotlessly presented light filled home on low maintenance 291m2 site. Fantastic central location, open plan living, kitchen/meals + private sunroom. 2 bedrooms with BIR's + study/3rd bedroom. Original timber floors, updated bathroom, split system Air Conditioning, gas heating & high clearance carport. Fresh paintwork completes this delightful package with flexibility & bright sunny aspect.
Great investment, 1st home or downsize opportunity +
1st option to purchase adjoining vacant land with current planning permit & plans for impressive 2 storey Townhouse with bayviews.
Property History for 4 Margo St, Dromana, VIC 3936
- 27 Jun 2018Sold for $565,000
- 30 May 2018Listed for Sale $579,000
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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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