2/31 Olympic Parade, Dromana, VIC 3936 | House for sale | OnTheHouse
 
FOR SALE
$830,000 - $910,000

2/31 Olympic Parade
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Bay views, close to shops, modern, potential rental income estimated at $850 per week

Showcasing sophisticated design, premium finishes and effortless indoor-outdoor living, this impressive dual-level residence offers a low-maintenance lifestyle in one of Dromana's most convenient locations. Just moments from Boundary Road cafés and shops, Dromana Hub, stunning beaches and easy freeway access, it presents an outstanding opportunity to enjoy the very best of the Mornington Peninsula.
The thoughtfully designed floorplan places three generous bedrooms and a second living area on the ground floor, including a luxurious main suite with bi-fold doors opening to a private timber deck and a beautifully appointed ensuite. The additional lounge flows seamlessly to a landscaped courtyard complete with a feature brick fireplace, creating the perfect space for year-round entertaining.
Upstairs, expansive open-plan living and dining is bathed in natural light and extends through stacker doors to a covered balcony capturing picturesque views across the bay to Arthurs Seat. At the heart of the home, the designer stone kitchen is appointed with premium SMEG appliances, abundant storage and a large island bench, while a generous home office or optional fourth bedroom and powder room add further flexibility.
Finished to an exceptional standard throughout with Tasmanian oak flooring, polished concrete, hydronic heating, reverse-cycle air conditioning, rainwater tanks and a remote double garage with internal access, this beautifully presented home combines style, comfort and practicality in an enviable coastal setting.
Close to many amenities and lifestyle highlights, walk to Hillview Community Reserve, new playground, bike pump track, walking trails, world class downhill mountain biking trails and Boundary Road Shops.
History of great rental return of $850 per week.
Disclaimer - All information provided is believed to be accurate at the time of publication; however, no warranty or representation is given as to its accuracy. Prospective purchasers should rely on their own enquiries and independent professional advice to verify all information relevant to their purchase.
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Property Details for 2/31 Olympic Pde, Dromana

2/31 Olympic Pde, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces. The place is currently for sale with The Agency Mornignton Peninsula.

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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. There are 19 parks, covering nearly 7.2% of the total area. The population of Dromana in 2016 was 5803 people. By 2021 the population was 6626 showing a population growth of 14.2% 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 2021, 70.70% of the homes in Dromana were owner-occupied compared with 67.90% in 2016.

Dromana has 6,045 properties. Over the last 5 years, Houses in Dromana have seen a -1.10% decrease in median value, while Units have seen a 4.30% increase. As at 30 June 2026:

  • The median value for Houses in Dromana is $963,588 while the median value for Units is $776,394.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 38 properties listed for sale, and 21 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Dromana.

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Adam Alexander
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Hollie Alexander
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The Agency Mornignton Peninsula
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