7 Gibson StreetDromana VIC 3936
Property Details for 7 Gibson St, Dromana
Last Listing description (July 2023)
A rare opportunity with endless development potential - "PRICE REVISED" the ultimate in prime coastal development sites just 230m to sandy shoreline providing scope for creating your ideal seaside sanctuary. Clever designers will maximize the 17.78m frontages, privacy, sunny aspect & views to Arthurs Seat & bay. 2 stunning allotments cleared, ready for investors, family dream homes or beachside project/s stca. Level 465m2 and 391m2 sites with separate Titles & individual Street frontages. Moments' walk to the heart of Dromana shopping, cafes, parkland, Pier & beautiful beach. 7 Gibson Street ($925k - $975k) and 16 Harrison Street ($825k-$875k) "A Discount is available for a Purchaser of both Lots" present an exciting opportunity to secure Land in a tightly held, proven, popular, quiet pocket of Dromana just 4 mins walk to beach & central to all township amenities. Impressive Arthurs Seat views from quiet desirable location. Buy one or Both!
Property History for 7 Gibson St, Dromana, VIC 3936
- 30 Aug 2023Sold for $779,000
- 30 Aug 2023Sold for $719,000
- 10 Dec 2022Listed for Sale $925,000 - $975,000
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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 5,846 properties. Over the last 5 years, Houses in Dromana have seen a 36.73% increase in median value, while Units have seen a 18.25% increase. As at 30 September 2024:
- The median value for Houses in Dromana is $942,608 while the median value for Units is $778,267.
- Houses have a median rent of $600 while Units have a median rent of $570.
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