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Investment Property Dromana, VIC, 3936

Suburb Snapshot

Dromana is a suburb in the Mornington Peninsula Region of Victoria. Dromana has a population of 5,801 people and 15.10% of its occupants live in rental accommodation. The median listing price for houses is $1,095,000 and this has changed 0.00% over the past year and changed 15.26% over 2 years.

The median rent in Dromana for houses is $585 per week and the median rental yield is 2.77%. Stock on the market for houses/townhouses has changed 26.98% compared to last year and the average time to sell a house/townhouse is 83 days.The median listing price for units is $605,000 and this has changed -3.97% over the past year. The average unit takes 148 days to sell and the median rent for a unit in Dromana is $460 per week, producing a rental yield of 3.95%.

Supply & Demand in Dromana, Mornington Peninsula

0.70%

Current vacancy rate


36

Rental stock available


5,801

Population


15.10%

Rental population


0.65%

Current vacancy rate


623

Rental stock available


154,997

Population


14.32%

Rental population


0.87%

Current vacancy rate


26,641

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Dromana, Mornington Peninsula

  House Townhouses Units
Median listing price $1,095,000 $947,500 $605,000
Median price change - last quarter 9.50% -9.34% 0.83%
Median price change - 1 year 0.00% -9.34% -3.97%
Median price change - 2 years 15.26% 19.18% 0.83%
  House Townhouses Units
Median weekly rent $585 $595 $460
Median yield % 2.77% 3.26% 3.95%
Median rent change - 1 year 0.00% -0.84% 9.52%
  House Units
Previous month sales 4 0
Stock on market previous month 80 12
Stock variance vs. last year 26.98% 9.09%
Average days on market 83 148

Dromana investment property listings

Showing 5 of 93 investment properties found in Dromana on realestateinvestar.com.au

24 Rainier Ave, DROMANA

$895,000

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House

VIC 3936


34 Macedon Ave, Dromana

$1,400,000

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Entertaining Ingenuity to Incredible Heights

Positioned to take in the magical views of Port Phillip Bay and the leafy ambience of Arthur's Seat, this architect designed 3 bedroom 2 bathroom brand new landmark sits perfectly on the block to lap up the panorama. Welcomed by a flagstone fence and steel picket fence in a generous landscaped ...

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Townhouse

VIC 3936


227 Boundary Rd, Dromana

$1,950,000

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ZETA

A cutting-edge coastal residence that exemplifies privileged beachside living and enviable outdoor entertaining, enjoy panoramic views across Port Phillip Bay from both levels of this superb five-bedroom home. Configured to maximise the light and breathtaking water vistas, the residence boasts a ...

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House

VIC 3936


18 Watson Ave, Dromana

$1,032,000

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Seaside Charm: Renovated 4 Bed Home with Development Potential (

Welcome to your next family retreat situated in Dromana on the breathtaking Mornington Peninsula. This beautifully renovated brick veneer home offers four bedrooms and one bathroom, providing ample space for comfortable living. Nestled on 562m2 of subdividable land, (STCA). Stepping inside, you'll ...

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House

VIC 3936


2/65 Rainier Ave, Dromana

$595,000

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Low Maintenance Lifestyle

Be quick to secure the opportunity to own this fantastic unit, designed to be low maintenance. Ideal for investor's with the added bonus of an A grade tenant in place with flexibility to stay on if purchased as an investment property but would also make a great holiday home or first home. Located ...

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Unit

VIC 3936


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