Download your FREE reports now!

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 69 investment properties found in Dromana on realestateinvestar.com.au

2/15 Codrington St, Dromana

$695,000

property pic

Coastal Convenience

Perfectly positioned just 200m (approx.) from the golden sands of Dromana Beach and directly opposite beautiful parkland, this superb two-bedroom unit delivers lifestyle and convenience in equal measure. Leave the car at home and stroll to local shops, the primary school and public transport with ...

Get more info on this property
rei

2

rei

2

rei

1

Unit

VIC 3936


4/16 James St, Dromana

$800,000

property pic

Impeccable bayside escape

Enjoy luxe elegance in this warm and inviting townhouse nestled peacefully within a boutique development of 4 quality homes. Featuring impeccable interiors across 2 levels, the home also boasts a balcony plus private deck and courtyard garden for relaxation and alfresco entertaining. Offering ...

Get more info on this property
rei

3

rei

3

rei

2

Townhouse

VIC 3936


47 Clarendon St, Dromana

$950,000

property pic

Bayside Art Deco home with potential

Presenting a beautiful slice of Old Dromana history, this Art Deco style residence shines with period architectural detail such as high decorative ceilings and cornicing throughout, as well as solid timber cabinetry and doors. Perfect as a restoration project and boasting potential to expand on ...

Get more info on this property
rei

2

rei

1

rei

2

House

VIC 3936


10 Howitt St, Dromana

$1,750,000

property pic

Bespoke Coastal Haven with Spectacular Views

Expressions of Interest Closing Tuesday 16th of June at 12.30pm (unless sold prior) Nestled between the slopes of Arthurs Seat and the waters of Port Phillip Bay, this unique four-bedroom Dromana residence has recently undergone a designer-led transformation and will captivate with its high-end ...

Get more info on this property
rei

4

rei

2

rei

3

House

VIC 3936


48 Rosalie Ave, Dromana

$760,000

property pic

Charming Cottage on a Corner Allotment

Set on a generous 565m² (approx.) corner allotment, this classic three-bedroom cottage offers comfort, character and excellent outdoor space in a convenient Dromana location. Full of warmth and natural light, the home retains its traditional charm while providing a functional layout suited to ...

Get more info on this property
rei

3

rei

1

rei

2

House

VIC 3936


Navigate to more Suburbs, Regions or States