OFF MARKET

7/57 Pier Street
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Land area: 766200m2
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Property Details for 7/57 Pier St, Dromana

7/57 Pier St, Dromana is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2010. The property has a land size of 766200m2. While the property is not currently for sale or for rent, it was last sold in February 2014.

Building Type
Unit
Year Built
2010
Land Size
766200m2
Local Government
Mornington Peninsula
Lot/Plan
7/PS626878

Last Listing description (February 2014)

Set in an exclusive gated community and located only 500 metres from the Dromana Pier, foreshore and cafe precinct comes this luxury as new 3 bedroom townhouse.

The residence offers generous open plan formal and informal living spaces, over two luxurious levels, stunning gourmet kitchen with
island stone bench, breakfast bar and 900mm European oven / cooktop.

The attractive Travertine floor tiling, high ceilings, and modern decor throughout complement the outstanding build quality of the lock and leave residence

Two levels of luxury include a private, north facing balcony, free standing bath and frameless showers, intercom and double blinds throughout as well as services such as reverse cycle air conditioning, water tank and continuous flow hot water service for the convenience of the fortunate buyer of this quality home.

Location, luxury and lifestyle are what this truly outstanding residence has to offer.

Weekly holiday rental return approximately $3,000.

If you are buying this home as an investment, we estimate that this home may rent for approximately $350 - $380 per week.
If you are looking to purchase this home or another property as an investment, please contact Rod Richards on 5986 8880 or 0432 767 450 or by email rod.richards@barryplant.com.au

Craig Leo : 0412 502 938

Property History for 7/57 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$510,000
08 Feb 2014
  • 08 Feb 2014
    Sold for $510,000
  • 09 Dec 2013
    Listed for Sale OFFERS OVER $500,000
  • 28 Mar 2011
    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 5,885 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 43 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 161 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.