3 Shire Road, Dromana, VIC 3936 | House for sale | OnTheHouse
FOR SALE
$1,150,000

3 Shire Road
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1043m2
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BAY VIEWS, BIG BLOCK & ENDLESS POTENTIAL - 1043m2 PRIME COASTAL LAND

ARTIST IMPRESSION & POSSIBLE BUILD OPTIONS ON PHOTOS 3 & 4 - LOCAL BUILDER ON STANDBY TO DISCUSS
in a peaceful, elevated setting just a short walk to the beach, this classic home is bursting with charm, space, and possibility. With beautiful bay views, a generous 1042m² block, and the option to renovate or rebuild (STCA), this is a rare offering in one of Dromana's most desirable pockets.
Currently leased, this property offers strong investment appeal with the tenant happy to stay on, or a wonderful chance to plan your dream home while enjoying immediate rental income – making this a must-consider for families, developers, and long-term visionaries.
FEATURES:
• Bay views from the elevated rear alfresco area and living zones
• Approx. 1043m² allotment – a beautiful, usable block with excellent potential
• Scope to renovate or rebuild your forever home (STCA)
• Three-bedroom residence – full of warmth, original charm, and functional spaces
• Light-filled living with hardwood floors and ducted heating
• Updated kitchen with ample storage, modern appliances and breakfast bar
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Property Details for 3 Shire Rd, Dromana

3 Shire Rd, Dromana is a 3 bedroom, 2 bathroom House. The property has a land size of 1043m2. The place is currently for sale with YPA Dromana.

Building Type
House
Land Size
1043m2
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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 5,968 properties. Over the last 5 years, Houses in Dromana have seen a 11.75% increase in median value, while Units have seen a 3.70% increase. As at 30 April 2026:

  • The median value for Houses in Dromana is $1,032,900 while the median value for Units is $758,993.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 35 properties listed for sale, and 17 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 225 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Elke Remscheid
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Ryan Oswald
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YPA Dromana
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.