1/165 Palmerston Avenue, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

1/165 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 1
Floor area: 151m2
Land area: 349m2
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Property Details for 1/165 Palmerston Ave, Dromana

1/165 Palmerston Ave, Dromana is a 4 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 349m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
1980
Floor Size
151m2
Land Size
349m2
Local Government
Mornington Peninsula
Lot/Plan
1A/PS841774

Last Listing description (November 2024)

This home is up for Lease & Sale. Whichever occurs first.A designer vogue extends from its reimagined facade into an interior of exceptional space and style, matching its family proportions with enduring quality and class. Hybrid floors and a crisp colour palette run through its spacious lounge and dining areas, sided by a stone-laden kitchen of absolute form and functionality, relishing a suite of Asko appliances and easy entertaining access to the adjacent covered deck.The four spacious bedrooms are just as welcoming with built-in robes and plush carpets, closely served by a stunning bath and laundry room, with the main suite boasting twin vanities to its lavish ensuite bathroom. Complete with split-system air conditioning, ducted heating, ceiling fans, premium blinds, designer light fittings, floor-to-ceiling tiles and backlit mirrors to its wet areas, a refurbished roof, a single carport and an additional car space, it sits a short walk from Dromana's vibrant village scene, the foreshore and freeway access, making it ideal for a lock-and-leave Peninsula lifestyle.

Property History for 1/165 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$792,500
17 Oct 2024
  • 17 Oct 2024
    Sold for $792,500
  • 24 Jun 2024
    Listed for Sale $850,000 - $930,000
  • 11 Apr 2023
    Listed for Sale $875,000 - $950,000
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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. It has 19 parks covering nearly 7.2% of 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 5,964 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 37 properties listed for sale, and 13 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 224 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Cotality Copyright and Legal Disclaimers about Property Data
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.