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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 $992,500 and this has changed -5.48% over the past year and changed -9.78% over 2 years.

The median rent in Dromana for houses is $590 per week and the median rental yield is 3.09%. Stock on the market for houses/townhouses has changed 14.29% compared to last year and the average time to sell a house/townhouse is 113 days.The median listing price for units is $570,000 and this has changed -5.00% over the past year. The average unit takes 197 days to sell and the median rent for a unit in Dromana is $470 per week, producing a rental yield of 4.28%.

Supply & Demand in Dromana, Mornington Peninsula

0.85%

Current vacancy rate


44

Rental stock available


5,801

Population


15.10%

Rental population


0.56%

Current vacancy rate


541

Rental stock available


154,997

Population


14.32%

Rental population


0.93%

Current vacancy rate


28,886

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 $992,500 $900,000 $570,000
Median price change - last quarter -0.36% -2.64% -4.21%
Median price change - 1 year -5.48% 0.55% -5.00%
Median price change - 2 years -9.78% -18.19% -11.29%
  House Townhouses Units
Median weekly rent $590 $630 $470
Median yield % 3.09% 3.64% 4.28%
Median rent change - 1 year 2.60% 10.52% 2.17%
  House Units
Previous month sales 11 1
Stock on market previous month 88 17
Stock variance vs. last year 14.29% 30.77%
Average days on market 113 197

Dromana investment property listings

Showing 5 of 38 investment properties found in Dromana on realestateinvestar.com.au

2/6 Permien St, Dromana

$990,000

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Private Coastal Luxury; Your Secure Dromana Beachside Living.

Sale by SET DATE: Monday 4th May at 12pm (unless sold prior) Welcome to your private sanctuary in the heart of Dromana, just 200m from the shimmering shoreline. Whether you're seeking a permanent residence or weekend escape, this home masterfully blends high-end functionality with it's luxury and ...

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Townhouse

VIC 3936


58/131 Nepean Hwy, Dromana

$250,000

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Easy Peninsula Living

Perfectly positioned within Dromana Holiday Village, this charming cabin delivers effortless, low-maintenance living in a sought-after coastal setting. Step inside to discover a light-filled open plan living zone enhanced by raked ceilings, creating a wonderful sense of space. The functional ...

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Unit

VIC 3936


30 Callas St, Dromana

$1,025,000

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Coastal Chic

Welcome to Coastal Chic, a beautifully renovated home that delivers the ultimate in low-maintenance living in a standout seaside setting. Step inside and you'll immediately feel the warmth and style, with a cosy living area complemented by classic plantation shutters. The home offers three ...

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House

VIC 3936


24 Clarendon St, Dromana

$3,200,000

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Luxury Coastal Living Awaits

Step into a world of refined coastal luxury with this masterfully crafted five-bedroom, four-bathroom residence, perfectly positioned on a generous 767m² (approx) allotment in the heart of Dromana. Designed for those who appreciate elevated living, this contemporary home delivers an exceptional ...

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House

VIC 3936


3/59 Callas St, DROMANA

$695,000

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A STORY BOOK DROMANA RETREAT

Perfectly positioned just moments from the Dromana foreshore, cafés, restaurants and Dromana Shopping Village, this beautifully refreshed residence delivers relaxed coastal living with modern updates and exceptional outdoor entertaining. Recently renovated and extended, the home features a ...

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Townhouse

VIC 3936


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