299-301 Point Nepean RoadDromana VIC 3936
Property Details for 299-301 Point Nepean Rd, Dromana
Last Listing description (April 2022)
LEASED!
* 72 proposed places on 1,579sqm (approx.)
* A location that is second to none on the main road, near shopping precinct and over the road from the beach
* Planning permit to be lodged soon
* According to Victoria In Future 2019, the population of Mornington Peninsula is projected to increase from 161,530 in 2016 to 200,360 in 2036. The projected increase of 38,830 people means that an additional 24,010 dwellings is needed. This translates to around 1,200 net new dwellings per year.
* A design sympathetic to the modern beach theme designed with ease of operation in mind
* A business opportunity where demand is strong and a seaside location is not to be missed
Contact Celestine Eramo 0408 111 383 or Guido Bonanni 0407 444 808 to receive a detailed information memorandum and lease documentation.
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Property History for 299-301 Point Nepean Rd, Dromana, VIC 3936
- 29 Nov 2021Listed for Rent - Price not available
- 18 May 1992Sold for $130,000
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0About 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 5,965 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.
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