OFF MARKET

5/2 Nepean Highway
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 139m2
Land area: 241m2
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Property Details for 5/2 Nepean Hwy, Dromana

5/2 Nepean Hwy, Dromana is a 3 bedroom, 3 bathroom Townhouse with 2 parking spaces and was built in 2017. The property has a land size of 241m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in July 2016.

Building Type
Townhouse
Year Built
2017
Floor Size
139m2
Land Size
241m2
Local Government
Mornington Peninsula
Lot/Plan
5/PS736874

Last Listing description (March 2016)

A unique property development in Dromana, on the Mornington Peninsula. Situated just meters away from the fabulous Safety Beach. Cafes and local shops are just a 5 min walk, and the local primary school is just a hop, skip, and a jump away. In addition this is a gated community for that extra security, privacy, and exclusiveness. Beachfront properties like this don't come around every day. Be quick as they will sell fast.

Property History for 5/2 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,050,000
23 Jul 2016
  • 23 Jul 2016
    Sold for $1,050,000
  • 31 Jan 2016
    Listed 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.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 170 properties were sold in the past 12 months in Dromana.

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