OFF MARKET

56 Pier Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 130m2
Land area: 549m2
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Property Details for 56 Pier St, Dromana

56 Pier St, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 549m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in February 1999.

Building Type
House
Floor Size
130m2
Land Size
549m2
Local Government
Mornington Peninsula
Lot/Plan
180/LP21118

Last Listing description (February 2008)

PIER VIEW PROPERTY
Situated right behind the Dromana Pier, Dromana shopping centre and the Dromana oval is this original 50’s style crème brick veneer property that offers three bedrooms, a main lounge plus kitchen/dining and family area. Ducted gas heating, single garage on land approx 550m2. Currently under lease, showing an investment return.

Property History for 56 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$96,500
03 Feb 1999
Listed for Rent
$320/w
10 Dec 2014
  • 10 Oct 2014
    Listed for Rent $320 / week
  • 09 Apr 2008
    Listed for Rent - Price not available
  • 01 Feb 2008
    Listed for Sale $459,000
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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 5,886 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, 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.