1/23 Pier Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

1/23 Pier Street
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 233m2
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Last updated 8 Dec 2025
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Property Details for 1/23 Pier St, Dromana

1/23 Pier St, Dromana is a 2 bedroom, 1 bathroom Unit with 2 parking spaces. The property has a land size of 233m2.

Building Type
Unit
Land Size
233m2
Local Government
Mornington Peninsula
Lot/Plan
B/PS628256

Last Listing description (October 2020)

This well presented apartment is now available for lease in central Dromana. Located on the 2nd level, it is both modern and spacious, the apartment features large open plan living with rev cycle split system, kitchen /meals, lounge area lead onto private front balcony with Bay views. The kitchen features s/s appliances inc dishwasher, electric cook top and oven, plenty of cupboard space. Euro style laundry, full family bathroom with bath and a separate toilet. Both bedrooms are fitted with built in robes and split systems. Tiling throughout with carpet to the bedrooms, secure entry with intercom. All within a lazy stroll to shops, cafe's, restaurants, beach & transport. Please note: Off street parking available and the unit is not suitable for pets.

$ 345 pw / $ 1495 pcm

HOW TO INSPECT / APPLY

PLEASE SUBMIT A 1FORM APPLICATION AND WE WILL CONTACT YOU WITH FURTHER INFORMATION ABOUT THE PROPERTY AND HOW TO INSPECT

Property History for 1/23 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Listed for Rent
$345/w
09 Oct 2020
  • 13 Sep 2020
    Listed for Rent $345 / week
  • 24 Sep 2016
    Listed for Rent - Price not available
  • 01 May 2015
    Listed for Rent - Price not available
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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 6,007 properties. Over the last 5 years, Houses in Dromana have seen a 30.70% increase in median value, while Units have seen a 28.91% increase. As at 30 November 2025:

  • The median value for Houses in Dromana is $1,027,931 while the median value for Units is $787,974.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 36 properties listed for sale, and 4 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 247 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.