OFF MARKET

59 Lombardy Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 232m2
Land area: 719m2
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Last updated 18 Nov 2024
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Property Details for 59 Lombardy Ave, Dromana

59 Lombardy Ave, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 719m2 and floor size of 232m2. While the property is not currently for sale or for rent, it was last sold in May 2018.

Building Type
House
Year Built
2020
Floor Size
232m2
Land Size
719m2
Local Government
Mornington Peninsula
Lot/Plan
193/LP41392

Last Listing description (May 2018)

Be quick to secure one of the last remaining blocks available in this area. This 719m2 flat block has great potential to build a dream home with bay glimpses or for a potential two lot subdivision STCA. Located close to shops, transport and a short drive to the beautiful Dromana foreshore, the Mornington Peninsula wineries and the Arthur's Seat. This is a secure investment and won't last long on the market.

Property History for 59 Lombardy Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$500,000
07 May 2018
  • 07 May 2018
    Sold for $500,000
  • 11 Apr 2018
    Listed for Sale $479,000
  • 07 Jan 2004
    Transferred

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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 5,887 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.

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