215-217 Palmerston Avenue, Dromana, VIC 3936 | Property Value & History | OnTheHouse
 
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215-217 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 3
Car spaces: 2
Floor area: 260m2
Land area: 1014m2
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Last updated 18 May 2026
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Property Details for 215-217 Palmerston Ave, Dromana

215-217 Palmerston Ave, Dromana is a 3 bedroom, 3 bathroom House with 2 parking spaces and was built in 1885. The property has a land size of 1014m2 and floor size of 260m2. While the property is not currently for sale or for rent, it was last sold in November 2023.

Building Type
House
Year Built
1885
Floor Size
260m2
Land Size
1014m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP889203

Last Listing description (April 2024)

Nestled on 4 titles, occupying a generous 2,519.1sqm (approx.) of seaside land, Bayview House is an impressive 5-bedroom period home offering captivating northerly bay views. Built around 1880, this stunning property showcases timeless elegance and holds a prominent position near the beach on the Mornington Peninsula.

With a lap pool as its backdrop, Bayview House provides the perfect setting for summer gatherings and private relaxation. Its grandeur rivals that of multi-million-dollar period homes in Hawthorn, but without the hustle and bustle of the city.

Inside, high ceilings, exquisite timberwork, and intricate details create a warm and inviting atmosphere. The spacious single-level interior is well-suited for families, entertainers, and those seeking a coastal retreat with old-world charm.

With built-in robes in every bedroom, multiple living rooms, fireplaces, a formal dining area, and more, Bayview House provides ample space for various activities. The landscaped gardens enhance the property's beauty, while the presence of an original well and a freestanding studio adds character. The period-style bathrooms, well-appointed kitchen, generous storage, and inviting alfresco terrace further contribute to the property's appeal.

Offering excellent scope and outstanding potential for improvements (STCA), Bayview House truly embodies the allure of coastal living combined with the elegance of a bygone era.

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Property History for 215-217 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,770,000
22 Nov 2023
  • 22 Nov 2023
    Sold for $1,770,000
  • 07 Oct 2021
    Sold for $1,800,000
  • 04 Aug 2021
    Listed for Sale Forthcoming Auction
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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 5,964 properties. Over the last 5 years, Houses in Dromana have seen a 11.75% increase in median value, while Units have seen a 3.70% increase. As at 30 April 2026:

  • The median value for Houses in Dromana is $1,032,900 while the median value for Units is $758,993.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 37 properties listed for sale, and 13 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 224 properties were sold in the past 12 months in Dromana.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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