5 Karadoc Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

5 Karadoc Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 604m2
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Property Details for 5 Karadoc St, Dromana

5 Karadoc St, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 604m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in December 2021.

Building Type
House
Floor Size
118m2
Land Size
604m2
Local Government
Mornington Peninsula
Lot/Plan
55/LP16119

Last Listing description (December 2021)

A fantastic opportunity to buy a house and level block (604m2 approx.) only six minutes' stroll to gorgeous Dromana beach. Many happy summers could be enjoyed here - imagine family BBQs, backyard cricket, trips to the beach, walking to dinner in one of the many restaurants nearby. A well-loved yet timeworn 2-bedroom home, perhaps a fisherman's cottage, set behind a picket fence with gated access to the carport and on an almost level block, it is surrounded by fenced gardens with lawns, mature native trees and fruit trees, plus covered front patio area.
- Potential for future sub-division (Subject to Council approval)
- Large open plan lounge/dining area with lots of light and built-in storage

- Two bedrooms include spacious master, with high ceilings and BIR
- Ante-room with BIR, for use as a study, nursery, or large WIR
- Functional kitchen/dining area with storage, built-in table and bench seats
- Bathroom includes bath with shower over, vanity, and built-in cupboard
- Utility room with toilet, additional shower, laundry, storage
- New carpets and split system a/c
- Options include living in/renting out as is, perhaps updating gradually
- You could completely renovate to create a lovely beachside sanctuary
- Or knock down and rebuild a brand-new home in this fantastic location
- Minutes' walk to beach, shops, restaurants, and easy access to freeway

Property History for 5 Karadoc St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$990,000
18 Dec 2021
Listed for Rent
$240/w
01 Jun 2012
  • 18 Dec 2021
    Sold for $990,000
  • 24 Nov 2021
    Listed for Sale $900,000 - $990,000
  • 08 Apr 2015
    Sold for $458,000
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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 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 38 properties listed for sale, and 6 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 247 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.