113/277 Point Nepean Road, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

113/277 Point Nepean Road
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 92m2
Land area: 2226m2
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Property Details for 113/277 Point Nepean Rd, Dromana

113/277 Point Nepean Rd, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2014. The property has a land size of 2226m2 and floor size of 92m2. While the property is not currently for sale or for rent, it was last sold in November 2021.

Building Type
Unit
Year Built
2014
Floor Size
92m2
Land Size
2226m2
Local Government
Mornington Peninsula
Lot/Plan
113B/PS629688

Last Listing description (November 2021)

What a great opportunity to secure a blue-chip asset, a gem very few of its kind, on the gorgeous beach in the Mornington Peninsula! Without breaking the 'bank'!

As you cruise down Point Nepean Road in warm sun and soothing breeze from the bay, you will not miss this unique boutique apartment building, right across the street from the sandy beach, served by the Dromana Hub Shopping Centre and the IGA super store by its side and surrounded by a myriad of renowned restaurants, popular cafes and boutique fashion shops.

Within the solid building, the lucky owners get to enjoy a range of luxurious amenities featuring secure ground floor parking, internal access to lift, picturesque foyer and courtyard, wide and noise-proof corridor and roof-top bay view platform accompanied by a fun-size pool for those joyful summer nights. The apartment itself features stone benchtop, floorboards, air-conditioner to the living area, panel heaters and ceiling fans in each bedroom and modern European kitchen appliance.

This is your ideal family holiday and weekend patch. You can spend days and nights here by the beach and take an easy drive to all the leisure and scenery attractions the Peninsula has to offer. There is also great potential to generate some incomes, whether by renting the apartment out for short stays or on longer term leases. Or you can mix family uses with some renting - The choice is yours. This blue-chip assets provide many options in balancing between lifestyle and income generation.

Property History for 113/277 Point Nepean Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$650,000
07 Nov 2021
Listed for Rent
$425/w
21 Oct 2019
  • 07 Nov 2021
    Sold for $650,000
  • 04 Aug 2021
    Listed for Sale UNDER OFFER
  • 20 Jun 2019
    Listed for Rent $425 / week
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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.