18 Beach Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

18 Beach Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 148m2
Land area: 740m2
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Property Details for 18 Beach St, Dromana

18 Beach St, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 740m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Year Built
1940
Floor Size
148m2
Land Size
740m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP572364

Last Listing description (August 2023)

Perfect for investors and developers this is rare and amazing opportunity to purchase in one of the most sought-after locations on the Mornington Peninsula. Offering a unique residential and/or commercial development and set on a corner 744m2 (approx.) allotment, this property is only 100m from the Dromana foreshore, shops, cafes & restaurants. The commercial planning overlay represents limitless and imaginative development opportunity (STCA) ideally suited for the progressive Dromana precinct. The period style weatherboard home offers polished hard wood floors, high ceilings, well-appointed kitchen, gas heating and reverse style A/C. Comprising of three extra-large bedrooms, updated bathroom, plenty of storage, a large garage/shed and lovely outside entertaining area with patio. Currently rented at $450 per week, with the hope to remain, this coastal home will appeal to investors, developers or those seeking a large project. Situated 1 hour from Melbourne CBD with great access to Peninsula Link freeway and a short distance to some of the best wineries, beaches and golf courses the Peninsula has to offer.

* Commercial planning overlay
* Residential/commercial development opportunity (STCA)

* 750 sqm (approx.) corner block
* Period style weatherboard home
* Three extra-large bedrooms
* Polished hardwood floorboards & high ceilings
* Well-appointed kitchen
* Outside entertaining area with patio
* Currently rented at $450 per week
* 100m from Dromana pier and foreshore
* Great Peninsula link access
* Close to schools, shops and transport

Property History for 18 Beach St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,800,000
17 Sep 2021
Listed for Rent
$450/w
09 Nov 2021
  • 13 Jul 2023
    Listed for Sale Not Disclosed
  • 19 Oct 2021
    Listed for Rent $450 / week
  • 17 Sep 2021
    Sold for $1,800,000
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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 6,008 properties. Over the last 5 years, Houses in Dromana have seen a 23.29% increase in median value, while Units have seen a 15.31% increase. As at 28 February 2026:

  • The median value for Houses in Dromana is $1,054,744 while the median value for Units is $798,677.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 41 properties listed for sale, and 2 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 229 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.