5 Olympic Parade, Dromana, VIC 3936 | Property Value & History | OnTheHouse
 
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5 Olympic Parade
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 2
Car spaces: 6
Floor area: 157m2
Land area: 715m2
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Property Details for 5 Olympic Pde, Dromana

5 Olympic Pde, Dromana is a 4 bedroom, 2 bathroom House with 6 parking spaces and was built in 1985. The property has a land size of 715m2 and floor size of 157m2. While the property is not currently for sale or for rent, it was last sold in July 2021.

Building Type
House
Year Built
1985
Floor Size
157m2
Land Size
715m2
Local Government
Mornington Peninsula
Lot/Plan
341/LP41392

Last Listing description (July 2021)

Superbly positioned just an easy stroll from the Boundary Rd shops, Hillview Community Reserve and walking trails through Arthurs Seat State Park, rejoice in relaxed family living with an entertainers agenda.

Set on a level 718sqm allotment with the option to subdivide (STCA) and build a new home at the rear, the four-bedroom residence is supremely comfortable with two covered alfresco decks for all-weather outdoor entertaining and scope to add a pool beside a big 10x5m shed and workshop ideal for a tradesman or to create a fabulous man cave.

Inside, a huge lounge is perfect for family gatherings and there is also a generous family/meals area beside an updated kitchen boasting plenty of bench space, a new Ariston stainless steel stove and Asko dishwasher.

The master bedroom offers parents an ensuite and sliding glass door directly onto the sheltered main deck and three childrens bedrooms with built-in robes share the main bathroom.

Only a short drive to Dromana primary and secondary schools as well as beaches, shops, restaurants, wineries and more, other features include ducted heating, split-system airconditioning and a tandem carport.

Homes and Acreage is proud to be offering this property for sale To arrange an inspection or for further information, please contact the office on 1300 077 557 or office@homesacreage.com.au

Features:
Huge lounge
Large family/dining
Updated kitchen
New Ariston s/steel stove
. Schweigan range hood
Asko dishwasher
Master ensuite
BIRs to all bedrooms
S/system aircon
Ducted heating
Separate laundry
Walk to shops, park
10x7m shed/workshop
Tandem carport
Room for a pool
Potential to subdivide (STCA)

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Property History for 5 Olympic Pde, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$825,000
12 Jul 2021
  • 12 Jul 2021
    Sold for $825,000
  • 21 Jun 2021
    Listed for Sale $750,000 - $825,000
  • 04 Nov 2017
    Sold for $592,500
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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 6,009 properties. Over the last 5 years, Houses in Dromana have seen a 25.66% increase in median value, while Units have seen a 22.37% increase. As at 31 January 2026:

  • The median value for Houses in Dromana is $1,054,183 while the median value for Units is $824,398.
  • Houses have a median rent of $630 while Units have a median rent of $615.
There are currently 43 properties listed for sale, and 9 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 231 properties were sold in the past 12 months in Dromana.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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