2/31 Olympic Parade, Dromana, VIC 3936 sold on 03 September 2026 | OnTheHouse
SOLD
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Sold on 03 Sep 2026 for $905,000

2/31 Olympic Parade
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
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Property Details for 2/31 Olympic Pde, Dromana

2/31 Olympic Pde, Dromana is a 3 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Dromana in the last 12 months.

Building Type
House

Last Listing description (September 2026)

Showcasing sophisticated design, premium finishes and effortless indoor-outdoor living, this impressive dual-level residence offers a low-maintenance lifestyle in one of Dromana's most convenient locations. Just moments from Boundary Road cafés and shops, Dromana Hub, stunning beaches and easy freeway access, it presents an outstanding opportunity to enjoy the very best of the Mornington Peninsula.

The thoughtfully designed floorplan places three generous bedrooms and a second living area on the ground floor, including a luxurious main suite with bi-fold doors opening to a private timber deck and a beautifully appointed ensuite. The additional lounge flows seamlessly to a landscaped courtyard complete with a feature brick fireplace, creating the perfect space for year-round entertaining.

Upstairs, expansive open-plan living and dining is bathed in natural light and extends through stacker doors to a covered balcony capturing picturesque views across the bay to Arthurs Seat. At the heart of the home, the designer stone kitchen is appointed with premium SMEG appliances, abundant storage and a large island bench, while a generous home office or optional fourth bedroom and powder room add further flexibility.

Finished to an exceptional standard throughout with Tasmanian oak flooring, polished concrete, hydronic heating, reverse-cycle air conditioning, rainwater tanks and a remote double garage with internal access, this beautifully presented home combines style, comfort and practicality in an enviable coastal setting.

Close to many amenities and lifestyle highlights, walk to Hillview Community Reserve, new playground, bike pump track, walking trails, world class downhill mountain biking trails and Boundary Road Shops.

History of great rental return of $850 per week.
Disclaimer - All information provided is believed to be accurate at the time of publication; however, no warranty or representation is given as to its accuracy. Prospective purchasers should rely on their own enquiries and independent professional advice to verify all information relevant to their purchase.

Property History for 2/31 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$905,000
03 Sep 2026
  • 11 Feb 2026
    Listed for Sale $850,000 - $935,000
  • 30 Jan 2025
    Listed for Sale $1,180,000 - $1,250,000
  • 16 Jun 2024
    Sold for $1,135,000
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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. There are 19 parks, covering nearly 7.2% of the 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 6,066 properties. Over the last 5 years, Houses in Dromana have seen a -10.73% decrease in median value, while Units have seen a -6.70% decrease. As at 31 August 2026:

  • The median value for Houses in Dromana is $908,079 while the median value for Units is $711,538.
  • Houses have a median rent of $680 while Units have a median rent of $620.
There are currently 42 properties listed for sale, and 11 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 227 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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Adam Alexander
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Hollie Alexander
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The Agency Mornignton Peninsula
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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.