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

187 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 110m2
Land area: 767m2
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Property Details for 187 Palmerston Ave, Dromana

187 Palmerston Ave, Dromana is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 767m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in November 2014.

Building Type
House
Year Built
1960
Floor Size
110m2
Land Size
767m2
Local Government
Mornington Peninsula
Lot/Plan
115/LP14132

Last Listing description (December 2014)

Tucked behind a private brush fence is this refurbished 3 bedroom home providing the perfect investment or holiday retreat. This little home has character and that classic cottage atmosphere which includes high ceilings and hard wood timber floors. Along with an open plan air conditioned living area, timber kitchen, generous sized bedrooms with built in robes and the master enjoying reverse cycle air-conditioning, walk in robe and ensuite. Addition features include a refurbished main bathroom and study nook. Allowing for you to simply move in and enjoy. Step outside to discover a sensational entertaining area with undercover decking and built in BBQ that's set amongst a great sized yard with generous storage sheds/workshop and a few fruit trees ready to bloom. Also potential for a 2 unit site (S.T.C.A) with a generous land size of 767m2.

Property History for 187 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$325,000
21 Nov 2014
Listed for Rent
$300/w
20 Aug 2011
  • 21 Nov 2014
    Sold for $325,000
  • 17 Aug 2014
    Listed for Sale $350,000
  • 16 Jan 2014
    Listed for Sale $385,000
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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 6,007 properties. Over the last 5 years, Houses in Dromana have seen a 30.22% increase in median value, while Units have seen a 29.31% increase. As at 31 December 2025:

  • The median value for Houses in Dromana is $1,050,608 while the median value for Units is $823,135.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 7 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 240 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.