SOLD
Sold on 11 Jun 2024 for $500,000

5/54 Kangerong Avenue
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 133m2
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Property Details for 5/54 Kangerong Ave, Dromana

5/54 Kangerong Ave, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 133m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Dromana in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
120m2
Land Size
133m2
Local Government
Mornington Peninsula
Lot/Plan
5/SP35131

Last Listing description (June 2024)

Situated only 650m from The Dromana Foreshore, this townhouse is ideal for those starting out, downsizing or investing!

Features Include:

- 3 bedrooms with built in robes

- Open plan living and dining areas
- Kitchen with ample bench/cupboard space
- First floor balcony
- Sizeable rear paved courtyard
- Single garage currently fitted out as a studio

Contact Sean Crimmins to book your private inspection!

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Property History for 5/54 Kangerong Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$500,000
11 Jun 2024
Listed for Rent
$250/w
26 Jul 2013
  • 11 Jun 2024
    Sold for $500,000
  • 29 May 2024
    Listed for Sale Under Offer
  • 18 Sep 2020
    Sold for $415,000
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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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