OFF MARKET

54 Lombardy Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 108m2
Land area: 444m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 18 Nov 2024
Low

High
Save

Property Details for 54 Lombardy Ave, Dromana

54 Lombardy Ave, Dromana is a 3 bedroom, 1 bathroom House and was built in 1950. The property has a land size of 444m2 and floor size of 108m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
House
Year Built
1950
Floor Size
108m2
Land Size
444m2
Local Government
Mornington Peninsula
Lot/Plan
53/LP41392

Last Listing description (February 2020)

Flexible options - 715m2 level site. Approved Planning Permit for 3 Impressive Townhouses. Opportunity to subdivide & sell Tulip Street land or develop the proposed 4 bedroom stand alone dwelling with bay view whilst receiving income stream from existing property, then further develop Units 2 & 3 with Lombardy Avenue frontage. Spacious 3 bedroom rental, gas heating, sunny open plan lounge/dining with bay windows, adjacent kitchen, modern appliances, 1 bathroom + 2nd WC in laundry. Fenced, level & less than 2km to beach. Perfect for builders, developers or Investors. A rare find - 715m2 - planning permit for 3.

Property History for 54 Lombardy Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$680,000
14 Feb 2020
Listed for Rent
$300/w
13 Dec 2017
  • 14 Feb 2020
    Sold for $680,000
  • 02 Nov 2018
    Listed for Sale $780,000 - $815,000
  • 25 Oct 2017
    Listed for Rent $300 / week
Sign in to see more transactions

Commute Calculator

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 4 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 165 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

Market Insights
Dromana Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Dromana Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.