SOLD
Sold on 04 Mar 2024 for $720,000

46 Olympic Parade
Dromana VIC 3936

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 721m2
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Belle Property Rosebud / Dromana
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Property Details for 46 Olympic Pde, Dromana

46 Olympic Pde, Dromana is a 1 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 721m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Floor Size
112m2
Land Size
721m2
Local Government
Mornington Peninsula
Lot/Plan
237/LP41392

Last Listing description (April 2024)

An ideal opportunity for developers, investors or renovators, this generous 721sqm (approx.) level block has great potential and fantastic views from the upper level of the current 2-3 bedroom house. STCA, options include demolish/rebuild to create your dream home or construct 2 or more townhouses to make the most of the land size and the views. Alternatively, move in, modernise and extend.

Set on a quiet street just a stroll to Boundary Road shops, caf?s, and sensational Hillview reserve, and close to beaches, shopping hub, and freeway access.

- Ideal block size for townhouses or a large new home and garden

- Set back from the road, with bay and treetops views from 2nd storey
- Current home with 2-3 bedrooms, 1 bathroom, OSP and large gardens
- Potential for a complete renovation, with space to extend (STCA)
- Walk to Boundary Rd general store, takeaways, caf?s, bottle shop
- Just a few minutes' drive to primary and secondary schools
- Hillview Reserve has dog off-leash park, renowned mountain bike tracks
- Explore the Peninsula or commute to Melbourne with easy freeway access

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Property History for 46 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$720,000
04 Mar 2024
  • 04 Mar 2024
    Sold for $720,000
  • 20 Feb 2024
    Listed for Sale Not Disclosed
  • 23 Oct 1999
    Sold for $91,000
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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 5,898 properties. Over the last 5 years, Houses in Dromana have seen a 39.72% increase in median value, while Units have seen a 20.43% increase. As at 30 November 2024:

  • The median value for Houses in Dromana is $970,615 while the median value for Units is $780,209.
  • Houses have a median rent of $600 while Units have a median rent of $575.
There are currently 41 properties listed for sale, and 3 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 166 properties were sold in the past 12 months in Dromana.

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