SOLD
Sold on 22 Oct 2024 for $900,000

5 Margo Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 128m2
Land area: 557m2
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Belle Property Rosebud / Dromana
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Property Details for 5 Margo St, Dromana

5 Margo St, Dromana is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 557m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Floor Size
128m2
Land Size
557m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP86337

Last Listing description (December 2024)

Charming, sun-drenched residence boasting functional, flowing layout. 3 bedrooms, 2 bathrooms and spacious living/dining areas with soft neutral d?cor throughout and lovely bay windows to the front for abundant natural light.

Whether you're looking for investment, a holiday escape or permanent home, it's perfectly located 800m walk to the clean, sandy beach, Dromana Hub Shopping Centre, restaurants, local amenities & primary school. Move in and relax, update gradually or maybe extend upwards for lovely hillside views (STCA).

- Spacious L-shaped lounge & dining area, gas heating & RC/AC

- Central kitchen/meals, quality appliances, pantry & breakfast bar
- Large main bedroom, WIR & ensuite with lovely garden outlook
- 2 good-sized bedrooms with BIRs, family bathroom includes bath
- Laundry, separate toilet, storage, rear garden access & separate dog run
- Sliding door from meals/family opens to ramp entrance & into back garden
- Ample parking, double garage & carport, 2 storage sheds & water tank
- Relax on the covered front porch enjoying the fenced native garden
- 11 minutes walk to sandy beach, shops caf?'s & primary school
- Close to sports clubs, freeway access & all Peninsula attractions

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Property History for 5 Margo St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$900,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $900,000
  • 19 Sep 2024
    Listed for Sale Sold
  • 08 Mar 1996
    Sold for $112,000
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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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