OFF MARKET

79 Clarendon Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 252m2
Land area: 1392m2
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Property Details for 79 Clarendon St, Dromana

79 Clarendon St, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1392m2 and floor size of 252m2. While the property is not currently for sale or for rent, it was last sold in August 1985.

Building Type
House
Year Built
1970
Floor Size
252m2
Land Size
1392m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP159070

Last Listing description (October 2019)

Perched on this elevated 1392m2 approx. land capturing endless bay views, sits this ugly duckling awaiting a beautiful transformation. Help her sore into the heights she deserves with your creative genius and boundless imagination.
Perhaps you might consider a multi award winning development STCA to share the spoils with others. Either way this fantastic and rare piece of real estate offers a long term investment that will inevitably continue to increase in value as the time distance between Melbourne or Dromana continues to decrease.
Finally you may consider to take advantage of the existing large accommodation and offer a long term or short term tenancy, to maximise the potential rental return.

- 5 Bedroom
- Separate lounge room
- 2 Bathrooms
- Separate laundry and WC
- Massive Outdoor area
- Large double carport

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Property History for 79 Clarendon St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$70,000
01 Aug 1985
  • 01 Jun 2017
    Listed for Sale 1,500,000-1,650,000
  • 01 Aug 1985
    Sold for $70,000

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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.
There are currently 42 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to CoreLogic's data, 167 properties were sold in the past 12 months in Dromana.

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