46 Coleus Street, Dromana, VIC 3936 sold on 20 October 2025 | OnTheHouse
SOLD
Sold on 20 Oct 2025 for $720,000

46 Coleus Street
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 107m2
Land area: 604m2
Sold By
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Belle Property Rosebud / Dromana
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Property Details for 46 Coleus St, Dromana

46 Coleus St, Dromana is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. The property has a land size of 604m2 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.

Building Type
House
Year Built
1980
Floor Size
107m2
Land Size
604m2
Local Government
Mornington Peninsula
Lot/Plan
220/LP21130

Last Listing description (November 2025)

With endorsed plans and permits already in place to build two double-storey townhouses, each with its own pool. This prime bayside property offers an exceptional opportunity for developers, builders, or savvy investors.Adding to the appeal, a demolition permit has also been approved, and the site is ready for the building permit to be issued as soon as a builder is appointed, saving valuable time and streamlining the path to construction.Set on a generous block with bay views, the existing home has been partially updated with a modernised kitchen and bathrooms. For those not ready to build, there's still potential to renovate further and create a relaxed coastal escape.Whether you proceed with the approved development or continue enhancing the current home, the location is a standout, just moments from the beach, shops, cafes and all that Dromana has to offer.- The current sun-drenched home is updated inside with fresh white decor- Upstairs living/dining and covered balcony, enjoy bay views throughout- Chic new kitchen with built-in Technika oven and ceramic cooktop- Main bedroom with robe and ensuite, and 2 bedrooms with robes- 3 bedrooms, 2 with robes including the main bedroom with new ensuite- New ground floor shower room and toilet, plus laundry facilities- Single garage and single carport entrance plus level front garden- Large back garden with lemon tree, offers space to extend (STCA)- Plans for 2 double storey homes with 4BRs, 3bath, dual living, and pool- About 20mins walk to the beach, multiple cafs, shops, and Dromana Hub - Close to the Dromana bike tracks and 7 Minutes to Red Hill wineries

Property History for 46 Coleus St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$720,000
20 Oct 2025
  • 20 Oct 2025
    Sold for $720,000
  • 01 Aug 2025
    Listed for Sale SOLD
  • 10 Jul 2025
    Listed for Rent $575 / week
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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 6,007 properties. Over the last 5 years, Houses in Dromana have seen a 30.70% increase in median value, while Units have seen a 28.91% increase. As at 30 November 2025:

  • The median value for Houses in Dromana is $1,027,931 while the median value for Units is $787,974.
  • Houses have a median rent of $620 while Units have a median rent of $600.
There are currently 36 properties listed for sale, and 4 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 243 properties were sold in the past 12 months in Dromana.

Suburb Insights for Dromana 3936

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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.