OFF MARKET

8 Olympic Parade
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 716m2
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Property Details for 8 Olympic Pde, Dromana

8 Olympic Pde, Dromana is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 716m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
House
Land Size
716m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP182933

Last Listing description (March 2022)

This elevated 4-bedroom property (716sqm approx.) with portico entrance suggests a grand home, and you won't be disappointed upon entry as you're welcomed by beautiful, polished timber floors and bright, open spaces flowing perfectly through a light-filled front lounge and vast open plan living/dining and kitchen, as well as spacious bedrooms.
In a fantastic location on a quiet street, yet just minutes' drive to Dromana beach, shopping hub, freeway access, and the delights of the Peninsula, there's nothing to do but move in and enjoy.
- Elegant kitchen, abundance of storage/bench space, SMEG appliances

- Spacious master bedroom, with WIR and sparkling white ensuite
- 3 additional spacious bedrooms with BIRs, laundry with garden access
- Gleaming family bathroom with spa bath, large shower, and separate w/c
- Braemar Heating and Cooling system, Swann Security system
- Rinnai Infinity water for showers, kitchen. Filtered-water kitchen tap
- Internal garage door and ample built-in cupboards to main hallway
- Colonnaded alfresco, level lawn and garden beds, water tank, shed
- The double garage opens to the rear, for additional parking space

Property History for 8 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,140,000
30 Mar 2022
  • 30 Mar 2022
    Sold for $1,140,000
  • 10 Mar 2022
    Listed for Sale Contact Agent
  • 01 Mar 1987
    Sold for $20,000
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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, 168 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.