SOLD
Sold on 23 Jan 2024 for $920,000

50 Arthur Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 90m2
Land area: 647m2
Sold By
Roberts Parkinson Real Estate
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Property Details for 50 Arthur St, Dromana

50 Arthur St, Dromana is a 3 bedroom, 1 bathroom House. The property has a land size of 647m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House
Floor Size
90m2
Land Size
647m2
Local Government
Mornington Peninsula
Lot/Plan
3/LP61744

Last Listing description (October 2024)

Tailor-made for first-time buyers, downsizers, and savvy investors eyeing the beachside market, the immaculate 646sqm (approx.) bounds of this pristine 2-bedroom home showcase a canvas for your dreams, with the potential for a modern makeover and the option to capitalise on incredible Port Phillip views.

On offer for just the second time, its house-proud owners have maintained the home to an incredible degree, with topiary gardens, bespoke timber partitions and door frames providing an insight into the quality of its being. Two large living spaces bookend a central kitchen with a gas cooker and dishwasher, filtering outside to a sealed patio with an automatic awning overhead - perfect for the upcoming housewarming party.

Its two robed bedrooms surround a bathroom, toilet and laundry, while the second lounge could easily convert into a third bedroom. Complete with split-system air conditioning, gas heating, a rainwater tank, a garden shed, an extra-long single garage/workshop, and a single carport, it sits a brisk walk from Dromana Hub Shopping Centre and the foreshore at the end of its street, with equally short distances to Dromana Primary, village shopping and cafes, public transport, and Mornington Peninsula Freeway access.

Property History for 50 Arthur St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$920,000
23 Jan 2024
  • 23 Jan 2024
    Sold for $920,000
  • 08 Jan 2024
    Listed for Sale $920,000
  • 19 Oct 2007
    Sold for $345,000
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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 5,887 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, 170 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.