121 Palmerston Avenue, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

121 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 126m2
Land area: 604m2
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Property Details for 121 Palmerston Ave, Dromana

121 Palmerston Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 604m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1950
Floor Size
126m2
Land Size
604m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP603562

Last Listing description (July 2021)

Inspections by appointment. Please call or text Elke mobile 0423 211 315

Neatly tucked away from the road, this charming three bedroom weatherboard home has great street frontage. Well cared for and skilfully renovated to meet the needs of today's modern family, this property warrants an inspection. Situated near the over-pass bridge, enabling you to walk to the shops and the beach, this home is packed with features:

Three bedrooms with neutral tone short pile hard wearing carpets

Three separately zoned living areas

Stain glassed front door and period cornice work to reflect the character of the home

Beautifully polished floorboards in all high traffic areas

Generously sized windows and skylights strategically located to flood the home with an abundance of natural light

Spacious North / West facing elevated aspect from the front porch with scope to use as alfresco entertainment area

Fireplace in the lounge room

Ornamental fireplace in the formal dining room

Modern kitchen with contemporary splashbacks and appliances, including dishwasher

Plenty of storage cupboards

Ducted heating & split system air-conditioning

Off street parking for several cars / boat / caravan

Stand alone single carport and additional lock up garage / storage shed area

Second toilet

Fenced in backyard

Please note your contact phone number on all enquiries if you would like to be kept updated with this property

Property History for 121 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$720,000
08 Jul 2021
Listed for Rent
$375/w
26 Jun 2019
  • 08 Jul 2021
    Sold for $720,000
  • 28 Apr 2021
    Listed for Sale $695,000 to $759,000
  • 30 May 2019
    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 16.41% increase in median value, while Units have seen a 6.99% increase. As at 31 March 2026:

  • The median value for Houses in Dromana is $1,042,592 while the median value for Units is $783,093.
  • Houses have a median rent of $649 while Units have a median rent of $600.
There are currently 38 properties listed for sale, and 10 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 221 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.