OFF MARKET

54 Olympic Parade
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 150m2
Land area: 717m2
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Property Details for 54 Olympic Pde, Dromana

54 Olympic Pde, Dromana is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 717m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in November 2008.

Building Type
House
Year Built
1970
Floor Size
150m2
Land Size
717m2
Local Government
Mornington Peninsula
Lot/Plan
241/LP41392

Last Listing description (November 2008)

DECEASED ESTATE AUCTION
DECEASED ESTATE AUCTIONS. THIS ELEVATED PROPERTY OFFERS SOME BAY VIEW OF PORT PHILLIP BAY. THERE ARE TWO BEDROOMS OPEN PLAN LIVING TO KITCHEN WITH BREAKFAST BAR. THE PROPERTY IS IN NEED OF SOME T.L.C BUT HAS GREAT POTENTIAL FOR IMPROVEMENT OR DEVELOPMENT. LAND AREA IS APPROX 717M2. TERMS OF SALE ARE 10% DEPOSIT WITH BALANCE IN 30/90 DAYS. INSPECTION BY APPOINTMENT WITH MICHAEL MANGAN 0418 399 550

Property History for 54 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$275,000
22 Nov 2008
Listed for Rent
$230/w
19 Jan 2011
  • 31 Oct 2010
    Listed for Rent - Price not available
  • 28 Aug 2010
    Listed for Rent - Price not available
  • 24 Sep 2009
    Listed for Rent - Price not available
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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, 165 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.