OFF MARKET

51 Rainier Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 91m2
Land area: 715m2
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Property Details for 51 Rainier Ave, Dromana

51 Rainier Ave, Dromana is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 715m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in August 2020.

Building Type
House
Year Built
1970
Floor Size
91m2
Land Size
715m2
Local Government
Mornington Peninsula
Lot/Plan
482/LP41392

Last Listing description (May 2021)

PRICE REDUCTION AGAIN FOR IMMEDIATE SALE!!!

Hidden behind the facade is a little gem plus approved town planning plans for a two townhouse development.

With plenty of options, you can either enjoy the property's lifestyle on it's approximate 715m2 land area or develop the two side by side townhouses.
The house offers feature timber floors throughout with three bedrooms, en-suite to the master bedroom plus a second bathroom. An open plan kitchen dining to the lounge area and a covered alfresco outdoor living deck.

SMS Rainier to 0428 227 424 to receive an e-book with all information and documentation on this property including the Section 32.

Property History for 51 Rainier Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$550,000
22 Aug 2020
Listed for Rent
$280/w
06 Jan 2012
  • 22 Aug 2020
    Sold for $550,000
  • 18 May 2020
    Listed for Sale UNDER CONTRACT
  • 28 Nov 2012
    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.

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.