5 Overbay Ave, Dromana is a 4 bedroom, 3 bathroom House with 2 parking spaces. The property has a land size of 701m2. 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.
Perched high up on Dromana Hill and taking in absolutely spectacular, uninterrupted views across Port Phillip Bay to Martha Cove, the You Yangs and beyond, this impeccably presented coastal home offers a rare opportunity to purchase a property in one of the most coveted and tightly held locations on the Southern Peninsula.Situated in a beautiful, quiet street with the magnificent Arthurs Seat State Park serving as a picturesque backdrop, the home is surrounded by lush native gardens and an abundance of local bird and wildlife, ensuring that the peaceful serenity one enjoys at a property akin to this one does not go unnoticed.Capacious in size, the homes generous and comfortable accommodations include five large bedrooms (the primary bedroom features a large walk-in robe, ensuite and incredible bay views), an additional study or home office, three bathrooms, a stunning entertainers kitchen complete with custom timber cabinetry and quality stainless steel appliances, two generous living rooms, a full-sized laundry room, and a huge upper level entertaining deck that captures the most breathtaking views out across the bay.The lush block is fully landscaped and offers a sunny east-facing rear yard complete with natives, annuals, and fruit trees as well as an undercover gazebo and ample storage for all of your garden tools and beach toys.Additionally, the property also includes a spacious, fully self-contained bungalow complete with a kitchen, bathroom, and direct entry out onto the garden making for the perfect place to accommodate weekend guests, or to serve as a teenager retreat.Other key features include a single lock up garage, carport, ducted heating and split system air-conditioning.Located just minutes to the pristine sandy shores of the Dromana foreshore where you will find an exciting variety of renowned local restaurants and cafes - from this much sought after position, you are also just a short walk to the boundary road shops and mountain bike track, and just a short drive to Main Ridge, Arthurs seat and Red Hill where you will find some of the regions most coveted wineries and breathtaking scenic hiking trails. Property Features:- Spectacular views out across Port Phillip Bay to Martha Cove, Queenscliff, The You Yangs and beyond.- Five bedrooms plus an additional study or home office.- An additional fully self-contained bungalow complete with a kitchen, bathroom, and direct entry out onto the garden.- Entertainers kitchen with custom timber cabinetry and stainless steel appliances.- Palatial upper level entertaining deck that takes in panoramic views across the bay.- Landscaped gardens of natives, annuals and fruit trees.- East facing rear yard.- Ducted heating & split system air-conditioning.- Single lock-up garage and carport.- Located in a quiet street in one of the most coveted and tightly held positions in Dromana.- Walk to boundary road shops, mountain bike track, and the OT Dam/Red Hill Trail.*All distances and measurements are approximate only.
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 6,005 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:
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