SOLD
Sold on 05 Jan 2024 for $1,040,000

Dromana Parade
Safety Beach VIC 3936

Bedrooms: 4
Bathrooms: -
Car spaces: -
Land area: 356m2
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Property Details for Lot 3 Dromana Pde, Safety Beach

Lot 3 Dromana Pde, Safety Beach is a 4 bedroom, bathroom Unit. The property has a land size of 356m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 4 bedroom Unit sold in Safety Beach in the last 12 months.

Building Type
Unit
Land Size
356m2
Local Government
Mornington Peninsula
Lot/Plan
3/PS906755

Property History for Lot 3 Dromana Pde, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,040,000
05 Jan 2024
  • 05 Jan 2024
    Sold for $1,040,000

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About Safety Beach 3936

The size of Safety Beach is approximately 6 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2011 was 3,517 people. By 2016 the population was 4,824 showing a population growth of 37.2% in the area during that time. The predominant age group in Safety Beach is 60-69 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a trades occupation. In 2011, 69.6% of the homes in Safety Beach were owner-occupied compared with 69.8% in 2016.

Safety Beach has 5,084 properties. Over the last 5 years, Houses in Safety Beach have seen a 47.42% increase in median value, while Units have seen a 25.76% increase. As at 31 July 2024:

  • The median value for Houses in Safety Beach is $1,210,735 while the median value for Units is $837,044.
  • Houses have a median rent of $695 while Units have a median rent of $620.
There are currently 54 properties listed for sale, and 3 properties listed for rent in Safety beach on OnTheHouse. According to CoreLogic's data, 179 properties were sold in the past 12 months in Safety beach.

Suburb Insights for Safety Beach 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.