OFF MARKET

50/131 Nepean Highway
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Last updated 11 Nov 2024
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Property Details for 50/131 Nepean Hwy, Dromana

50/131 Nepean Hwy, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 53m2.

Building Type
Unit
Year Built
2006
Floor Size
53m2
Local Government
Mornington Peninsula

Last Listing description (January 2019)

Beautifully presented, spacious 2 bedroom unit, located in the Dromana Holiday Village, is without doubt, the best buying, permanent living option in all of Dromana.
Try this for size, no stamp duty on purchase, no water or council rates ever, 99 year leasehold interest on land with a further option to another 99 years, gives absolute peace of mind and long term security, but most importantly, it is being offered at an affordable price!
Located less than 3 minutes drive to arguably, one of the best beaches on the Mornington Peninsula and Dromana Hub Shopping centre etc. the position couldn't be any better!

You will also enjoy full access to all the Holiday Park facilities including, 2 swimming pools (one indoor heated), tennis courts, recreation room & BBQ areas, secure PIN access and much more.
Also available for sale are the adjoining blocks of land, on either side of this unit.
.Lot 51 for sale. asking price is ($110,000).
.Lot 49 for sale, asking price ($90,000).
Act now as all 3 are priced to sell and are sure to be snapped up quickly!

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Property History for 50/131 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
  • 11 Sep 2018
    Listed for Sale Not Disclosed

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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 5,886 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 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 168 properties were sold in the past 12 months in Dromana.

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