40 Pier Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

40 Pier Street
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 203m2
Land area: 612m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 27 Apr 2026
Low

High
Save

Property Details for 40 Pier St, Dromana

40 Pier St, Dromana is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1940. The property has a land size of 612m2 and floor size of 203m2. While the property is not currently for sale or for rent, it was last sold in November 2015.

Building Type
House
Year Built
1940
Floor Size
203m2
Land Size
612m2
Local Government
Mornington Peninsula
Lot/Plan
94/LP22177

Last Listing description (February 2016)

A charming beachside beauty with high ceilings, polished timber floors, an open fireplace and just 350 metres to the beach, shops and foreshore, this striking four-bedroom home harmoniously marries classic and coastal beauty with all the privileges this fabulous location has to offer. A decadent holiday home or sublime permanent abode, the gorgeous period home is superbly zoned for families with three spacious bedrooms and a family bathroom with timber vanity and separate toilet downstairs, while the enormous upper-level grand master suite is a floor unto itself with a private Juliet balcony, huge walk-in dressing room and stunning ensuite with freestanding bath and a wave-glass shower. Set on 614sqm. (approx) and moments from cafes, restaurants, childcare, the supermarket and public transport, the home also includes a superb formal lounge, split-system airconditioning, a double garage and fantastic alfresco patio amongst low maintenance gardens.
* Charming 4BR home 350m to beach
* Stroll to Dromana shops, cafes & services

* Original art deco features
* Huge master with balcony & chic ensuite
* Gorgeous formal lounge/dining
* Serene covered alfresco & lush gardens
* High ceilings, timber floors, OFP
* Old-world charm with contemporary touches
* A marriage of classic & coastal beauty
* Double garage
Photo I.D. required at all Open For Inspections

Property History for 40 Pier St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$790,000
01 Nov 2015
Listed for Rent
$3.00k/w
24 Oct 2013
  • 01 Nov 2015
    Sold for $790,000
  • 01 Oct 2015
    Listed for Sale $790,000 plus
  • 24 Oct 2013
    Listed for Rent - Price not available
Sign in to see more transactions
Commute Calculator

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 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.
There are currently 42 properties listed for sale, and 10 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 221 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

Market Insights
Dromana Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Dromana Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.