SOLD
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Sold on 14 Nov 2024 for $721,000

6 Overbay Avenue
Dromana VIC 3936

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 786m2
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Property Details for 6 Overbay Ave, Dromana

Building Type
Land
Land Size
786m2
Local Government
Mornington Peninsula
Lot/Plan
33/LP51499

Last Listing description (November 2024)

UP TO 6 MONTHS SETTLEMENT AVAILABLE
Escape to a serene haven perched atop Dromana hill, where a generous 786 m2 block of land invites you to craft your ideal home. Surrounded by upscale residences, this elevated parcel promises stunning bay views from a potential second-story vantage point.

Embrace an active lifestyle with nearby access to parkland, BMX tracks, and hiking trails, catering to outdoor enthusiasts of all ages. The State Park is just a stone's throw away, offering endless opportunities for exploration and adventure.

Beyond the tranquility of your surroundings lies the vibrant Mornington Peninsula, renowned for its beaches, wineries, and bustling shopping and dining scene. Whether you crave a day of relaxation by the shore or an evening of culinary delights, this location offers something for everyone.

Feel confident embarking on your home-building journey with a local builder ready to address any inquiries or concerns you may have. From design concepts to construction queries, their expertise ensures a smooth and stress-free process from start to finish.

Don't miss out on the chance to create your own slice of paradise in this sought-after locale.

Disclaimer: All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice.

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Property History for 6 Overbay Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$721,000
14 Nov 2024
  • 14 Nov 2024
    Sold for $721,000
  • 19 Feb 2024
    Listed for Sale Not Disclosed

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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 5,889 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 41 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 171 properties were sold in the past 12 months in Dromana.

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Elke Remscheid
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