56 Rainier AvenueDromana VIC 3936
Property Details for 56 Rainier Ave, Dromana
56 Rainier Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 731m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (October 2023)
Discover this classic brick veneer home, nestled on a superb block of land spanning approximately 730m2 with great potential for subdivision (STCA). With its well-maintained condition and a tenant already in residence, this property presents an incredible opportunity for both homeowners, developers and astute investors alike.
As you step inside, you are greeted by a covered porch that leads you seamlessly into an open plan living and dining area, creating a warm and inviting ambiance. The heart of the home boasts a fully functioning kitchen, providing instant livability and potential for future renovations. A split air conditioning provides year-round comfort for the home.
With three generously sized bedrooms, there is ample space for the entire family or the flexibility to create a home office or hobby room to suit your needs. The centrally located bathroom, complete with a separate toilet and laundry room, adds convenience and functionality to your daily routines.
The benefits continue as you venture outdoors, where a sealed driveway provides easy access to a spacious carport, ensuring your vehicles are protected from the elements. With a large backyard there is plenty of room to make it your own, install a veggie garden or create your own natural oasis.
Situated in the sought-after area of Dromana, you'll find yourself within proximity to an array of attractions. Nature enthusiasts will delight in the nearby mountain bike trails and state park, offering endless opportunities to explore the great outdoors. For those who appreciate local flavors, you'll be thrilled to discover the proximity to charming shops, boutique distilleries, and breweries, where you can indulge in the region's finest offerings.
Now is the time to seize the opportunity and make this property your new home or investment with future development potential (STCA). With its classic charm, spacious layout, and enviable location, this property represents an excellent value proposition in the vibrant Dromana real estate market. Don't miss out on this rare gem to own a property with such great potential.
Property History for 56 Rainier Ave, Dromana, VIC 3936
- 18 Jul 2023Sold for $740,000
- 03 Jul 2023Listed for Sale Under Offer
- 22 Oct 2015Listed for Rent $280 / week
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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.
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