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.
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
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:
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