SOLD
Sold on 28 Oct 2023 for $2,010,000

5 Codrington Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 1175m2
Sold By
Barry Plant - Dromana Sales
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Property Details for 5 Codrington St, Dromana

5 Codrington St, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 1175m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Land Size
1175m2
Local Government
Mornington Peninsula
Lot/Plan
1/LP93260

Last Listing description (July 2024)

In a position as iconic as it is alluring for its exclusive beachside prestige, this character-filled home welcomes
comfortable living across a design mirroring the area's relaxed coastal lifestyle. Cherished by a single family for
over 50 years, an offering of generous proportions, charming original architecture and a quintessential beach

house comfort presents a sensational foundation for contemporary renewal.
- Approx. 50 metres to Dromana Beach, while opposite Dromana Park
- Charming original home with separate rear studio ideal for holiday guests
- Beautiful Port Phillip Bay views back-drop entertaining
- Kitchen of retro character, with all-original appliances and cabinetry
- An open meals area joins sensational living space with direct balcony access
- Private sunroom extends liveability with separate space for kids/teenagers
- Three generous bedrooms each with robes, served by a family bathroom
- Split-system heating and cooling, wall heater, ceiling fan
- Private outhouse with laundry and bathroom facilities x 2
- Rear bungalow adds versatility, with kitchenette, meals and accommodation
space
- Generous 1,175sqm (approx.) allotment, with established gardens
- Room for an in-ground swimming pool or re-development (STCA)
- Ready for to be reimagined into permanent living, or sensational holiday home
- Only metres to Dromana Beach, and a short flat stroll to Dromana township
- Within close proximity to Dromana Primary School, Dromana Bowls Club and easy freeway access
- A separate beach house is also available to purchase, with the successful buyer offered first right to
purchase
Cocooned in mother nature's glorious offerings, this sensational beach home introduces a relaxed living environment
with lush gardens and glistening Port Phillip Bay views while a private leafy periphery extends to the rear where a
bungalow presents versatile holiday living. With sensational potential for development (STCA), a world of possibilities
awaits a fresh start.

Property History for 5 Codrington St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$2,010,000
28 Oct 2023
Listed for Rent
$290/w
11 Sep 2020
  • 28 Oct 2023
    Sold for $2,010,000
  • 06 Oct 2023
    Listed for Sale Exclusive beachside prestige
  • 10 Jul 2020
    Listed for Rent $290 / week
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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 5,846 properties. Over the last 5 years, Houses in Dromana have seen a 36.73% increase in median value, while Units have seen a 18.25% increase. As at 30 September 2024:

  • The median value for Houses in Dromana is $942,608 while the median value for Units is $778,267.
  • Houses have a median rent of $600 while Units have a median rent of $570.
There are currently 34 properties listed for sale, and 9 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 173 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.