46 Coleus St, Dromana is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 603m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 4 bedroom House sold in Dromana in the last 12 months.
Framing a bay glimpse just moments from the Boundary Road Shops, this original holiday dwelling entices with creative freedom for future use. Ideal as a first step into the market or summer holiday base, the tidy space proposes immediate enjoyment whilst developing plans and obtaining permits for future redevelopment (STCA).
Elevated above street level, the central living area welcomes natural light and the sparkle of Port Phillip Bay across a space to be shared with friends and family. Recently updated for genuine liveability the kitchen comprises a gas stove, tiled splashback and ample cabinetry before a timber deck extends the meals area with shelter from above.
Three bedrooms ensure comfortable accommodation, with a walk-in robe and W/C enlarging the master bedroom, and contemporary bathroom found at ground level. Championing a position 1km from the entry to the Red Hill Mountain Bike Park the 603sqm (approx.) allotment offers drive through access to the rear yard providing ample parking and a desirable entry-point for future construction.
In addition to the main residence, a two room bungalow adjoins the single garage with a kitchenette and private access offering additional accommodation. Capturing an idyllic lifestyle only paces from Dromana Beach and Boundary Road shops, a position within a neighbourhood of continual growth confirms the exciting prospect of redevelopment.
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 6,046 properties. Over the last 5 years, Houses in Dromana have seen a -3.78% decrease in median value, while Units have seen a -2.85% decrease. As at 31 July 2026:
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