5 George Street, Dromana, VIC 3936 sold on 11 March 2025 | OnTheHouse
SOLD
Sold on 11 Mar 2025 for $1,250,000

5 George Street
Dromana VIC 3936

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Floor area: 151m2
Land area: 1012m2
Sold By
agent headshot
Belle Property Rosebud / Dromana
Save

Property Details for 5 George St, Dromana

Building Type
Land
Year Built
1960
Floor Size
151m2
Land Size
1012m2
Local Government
Mornington Peninsula
Lot/Plan
12~B/LP22166

Last Listing description (September 2025)

Set in the heart of Dromana, this untouched 1,012sqm (approx.) land parcel offers a rare opportunity to unleash your imagination and capitalize on its exceptional location. A stone's throw from the pristine sands of Dromana Beach and the vibrant Dromana Shopping Village, this property is a gateway to coastal living at its finest. With Dromana Primary School, local parks, playgrounds, scenic walking tracks, and public transport all within easy reach, it promises an unbeatable lifestyle of convenience and leisure.

Without existing plans or permits, the property offers unparalleled flexibility to craft a bespoke family haven or pursue a multi-dwelling development (STCA). The blank canvas allows for innovative designs that reflect your unique vision, with the added incentive of future financial rewards.

Whether you dream of building a tranquil coastal retreat or a high-yield investment, this is your chance to secure a piece of prime real estate in a thriving community. Don't miss the opportunity to bring your vision to life in one of the Mornington Peninsula's most sought-after locations.

- Situated on a generous 1,012sqm (approx.) parcel in the heart of Dromana.
- Easy access to Dromana Beach, Shopping Village, schools, parks, walking tracks, and public transport.
- Ideal for crafting a bespoke family home or pursuing a multi-dwelling project (STCA).
- No existing plans or permits, allowing complete creative freedom.
- A chance to secure prime real estate in a thriving and highly sought-after coastal community.
- A rare blend of beachside tranquility and everyday convenience.

Property History for 5 George St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,250,000
11 Mar 2025
  • 11 Mar 2025
    Sold for $1,250,000
  • 19 Dec 2024
    Listed for Sale Sold
  • 21 Sep 2010
    Transferred
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 6,008 properties. Over the last 5 years, Houses in Dromana have seen a 30.22% increase in median value, while Units have seen a 29.31% increase. As at 31 December 2025:

  • The median value for Houses in Dromana is $1,050,608 while the median value for Units is $823,135.
  • Houses have a median rent of $630 while Units have a median rent of $600.
There are currently 39 properties listed for sale, and 5 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 250 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.