OFF MARKET

5 Mcarthur Street
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 1021m2
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Property Details for 5 Mcarthur St, Dromana

5 Mcarthur St, Dromana is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 1021m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2010.

Building Type
Unit
Year Built
2005
Floor Size
130m2
Land Size
1021m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP375696

Last Listing description (September 2022)

A leisurely stroll to the beach (3-5 minutes) from this well presented 2 bedroom unit/home makes it ideal in location and appealing for someone after a place with space to move and storage space.
Main bedroom is a good size with gas heater and has its own walk in robe with 2 separate sliding wardrobes.
Bay views are available from bedroom 2 and the lounge/kitchen area.

The main bathroom offers a large double shower & vanity with plenty of cupboard space.
Kitchen offers a small dishwasher, electric cooking yet once again lots of cupboard space plus dining area. Off the kitchen is a separate storage room ideal as a walk in pantry as it has room for a fridge and cupboard space.
A second bathroom/laundry has a large shower with a second toilet.
Drive through carport and small undercover storage area at rear.
Inspection will impress.
Bond $1,955.00.

Property History for 5 Mcarthur St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$875,000
21 Sep 2010
Listed for Rent
$450/w
01 Sep 2022
  • 03 Aug 2022
    Listed for Rent $450 / week
  • 30 Dec 2013
    Listed for Rent $330 / week
  • 21 Sep 2010
    Sold for $875,000
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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 5,885 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 43 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 161 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.