71 Palmerston AvenueDromana VIC 3936
Property Details for 71 Palmerston Ave, Dromana
71 Palmerston Ave, Dromana is a 3 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 606m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (December 2023)
Set for contemporary redesign atop a generous parcel of 606sqm (approx.) of land, this single-level home welcomes a bright future for investment or permanent living within one of Dromana's most convenient pockets. Ideal for families, or first-timers with a trade-based background, this three-bedroom home presents an exciting opportunity for those seeking space to create the ultimate coastal dream (STCA).
Originally built in the 1980's and nurtured more recently by a loving family, the home offers comfortable proportions across three generous bedrooms, a family bathroom and an open living and dining domain. A recent kitchen removal welcomes the chance to redesign a culinary domain to personal style, with space ready to accommodate modern family requirements.
Cocooned in established gardens, a prized address confirms easy walking distance to the Boundary Road shops and Hillview Leash-free Dog Park, while a short drive invites convenience with Dromana's township, coastline and the Mornington Peninsula's award-winning winery and day-spa region located only moments from home.
Property History for 71 Palmerston Ave, Dromana, VIC 3936
- 10 Nov 2023Sold for $630,000
- 06 Oct 2023Listed for Sale $620,000 - $680,000
- 04 Aug 2010Sold for $290,000
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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 5,886 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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