114/131 Nepean Highway, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

114/131 Nepean Highway
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 53m2
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Property Details for 114/131 Nepean Hwy, Dromana

114/131 Nepean Hwy, Dromana is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2006. The property has a floor size of 53m2.

Building Type
Unit
Year Built
2006
Floor Size
53m2
Local Government
Mornington Peninsula

Last Listing description (November 2020)

Cheap, cheap, cheap!
99-year leasehold interest with a further option to another 99 years after that.
2 bedroom units don't come any cheaper than this. One careful owner from new, 2 bedrooms, separate toilet, BIR's, modern kitchen, bathroom/laundry, everything you could ever want. Ideally, this superb unit would suit a couple on a tight budget or even a great family holiday escape.

Located less than a 3-minute drive to Dromana Hub shopping centre and it's cosmopolitan beachside living. Not to mention arguably the two best swimming beaches on the Mornington Peninsula, the position simply doesn't get any better.
No stamp duty on purchase, no council or water rates ever. Annual park management fees apply, however.
Gated security, single undercover carport, outdoor deck, storage shed and so much more.
This unit is vacant and ready to move in now! A further bonus, is the full usage of all the park facilities, including swimming pools, BBQ's, tennis courts, recreation room and so much more.
This will sell fast, please genuine buyers only. Inspection by private appointment only.

Property History for 114/131 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
  • 19 May 2020
    Listed for Sale Not Disclosed
  • 22 Apr 2016
    Listed for Sale Not Disclosed
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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.