4 Margo StreetDromana VIC 3936
Property Details for 4 Margo St, Dromana
4 Margo St, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 291m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in February 2025.
Last Listing description (February 2025)
This quintessential Dromana cottage is perfect blend of character, charm, and convenience. Situated just 700m from the pristine beach, Dromana pier, and a vibrant selection of shops, cafes, and restaurants, this weatherboard home offers an unbeatable coastal lifestyle.
This three-bedroom gem is perfect for first-home buyers, holidaymakers, retirees, or savvy investors and developers looking to secure a piece of prime real estate in this sought-after seaside suburb.
FEATURES YOU'LL LOVE
Original hardwood floors throughout
Comfortable lounge with a gas heater
Functional kitchen with 60's flair
Front yard oasis
Stone Balinese hot water bath your personal retreat
Carport and two sheds
Option to purchase fully furnished
Low maintenance gardens
WHY YOU'LL FALL IN LOVE:
700m to the beach and pier
A short walk to cafes, restaurants, and shops
A versatile property offering many opportunities
Privacy behind a high, quality timber fence
Whether you're looking for a seaside sanctuary, a fantastic investment, or your first step into the property market, this quintessential weatherboard cottage captures the essence of coastal living.
Don't miss out this rare opportunity won't last long!
Call today to arrange a private inspection and make your coastal dreams a reality.
Property History for 4 Margo St, Dromana, VIC 3936
- 03 Feb 2025Sold for $675,000
- 06 Jan 2025Listed for Sale $660,000 - $720,000
- 27 Jun 2018Sold for $565,000
Recent sales nearby
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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 16.41% increase in median value, while Units have seen a 6.99% increase. As at 31 March 2026:
- The median value for Houses in Dromana is $1,042,592 while the median value for Units is $783,093.
- Houses have a median rent of $649 while Units have a median rent of $600.
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