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Sold on 01 Nov 2024 for $850,000

5 You Yangs Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 118m2
Land area: 743m2
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Property Details for 5 You Yangs Ave, Dromana

5 You Yangs Ave, Dromana is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 743m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Year Built
1970
Floor Size
118m2
Land Size
743m2
Local Government
Mornington Peninsula
Lot/Plan
136/LP12635

Last Listing description (November 2024)

This beautiful 3 bedroom residence is set on a generous block and has been immaculately updated recently. It offers exceptional elevated living for lovely views with bay glimpses, and enjoys a calming coastal ambience throughout with a natural palette of crisp whites and timber flooring. A spacious balcony complements the large covered side deck, providing perfect spaces for alfresco entertaining or relaxing.

Peacefully set alongside a reserve, and a short walk to the beach, shops, caf?, and primary school, plus easy freeway access nearby. Estimated rental return of $700 per week.

- Elegant stone kitchen has 900mm oven/5-burner gas cooktop, dishwasher
- Lounge/dining with fireplace, RC/AC, study nook, and doors to balcony
- Separate sleep zone provides 3 good-sized bedrooms all with BIRs
- Contemporary bathroom with bath, shower, dual vanity and toilet
- Fitted laundry plus powder room accessible from side deck
- Ground floor study or 4th bedroom, storage room and under house storage
- Gas ducted heating throughout, plus 1.6kW solar system
- Secure, easy-care side and back garden with water tank, mature planting
- Large front garden with double carport and off-street parking
- Water tank fitted with Davey Rain bank supplying water for toilets and laundry applications
- Foot Bridge approx. 5-minute walk away, close to beaches, shops and caf?.
- Estimated rental return of $700 per week.

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Property History for 5 You Yangs Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$850,000
01 Nov 2024
Listed for Rent
$460/w
20 Feb 2020
  • 01 Nov 2024
    Sold for $850,000
  • 02 Oct 2024
    Listed for Sale Sold
  • 02 Jan 2020
    Listed for Rent $460 / 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 5,889 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 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

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