OFF MARKET

88 Watson Avenue
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 71m2
Land area: 1067m2
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Property Details for 88 Watson Ave, Dromana

88 Watson Ave, Dromana is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 1067m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
1970
Floor Size
71m2
Land Size
1067m2
Local Government
Mornington Peninsula
Lot/Plan
72/LP16119

Last Listing description (August 2021)

This sought after location is extremely hard to come by and is only a stone's throw away to Dromana Foreshore, walking tracks, shopping strip, public transport, Parks and much more. This level block ofland of approx.1066m2 has potential for Bayview's from a second level.Either build your luxury dream home with plenty of room for a pool/tennis court/ workshop or develop this sort after property S.T.C.A. Or simply renovate the existing dwellings and use as your holiday escape or investment property. Currently existing is 2 separate dwellings, both consisting of 2 bedrooms, spacious living with meals area, kitchen with gas appliances, combined laundry and bathroom and sep w/c.
All on 1 Title. There is also a double garage and double carport. The possibilities are endless.

Property History for 88 Watson Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,125,000
04 May 2021
  • 04 May 2021
    Sold for $1,125,000
  • 20 Feb 2021
    Listed for Sale SOLD
  • 19 Mar 1981
    Sold for $26,500
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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.

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.