59 Fig Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

59 Fig Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 103m2
Land area: 603m2
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Property Details for 59 Fig St, Dromana

59 Fig St, Dromana is a 3 bedroom, 1 bathroom House and was built in 1970. The property has a land size of 603m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
House
Year Built
1970
Floor Size
103m2
Land Size
603m2
Local Government
Mornington Peninsula
Lot/Plan
62/LP21130

Last Listing description (March 2021)

Approved plans and permits included for a subdivision for two stunning coastal units and within walking distance to the beach, Dromana Pier and shops this 602sqm (approx.) allotment presents an incredible investment opportunity to become a landlord and developer. The current three bedroom, one bathroom residence is currently tenanted at $1521pcm. The proposed first unit is a double storey, three bedroom two bathroom property with powder room, a double remote garage and an outdoor sun-drenched deck area. The proposed second unit is a spacious single storey two bedroom one bathroom residence with a single remote garage. Both proposed residences come complete with gourmet kitchens, open-plan living areas, spacious laundries and low maintenance gardens. All of this close to the beach, Dromanas main shopping strip, restaurants and cafes and easy access to Peninsula Link. With plans and permits already in place, this unique and exciting development proposition is not to be missed.

* Approved plans and permits included for two unit subdivision
* Currently tenanted at $1521pcm

* First unit includes:
* Double storey, three bedroom, two bathroom & powder
* Double remote garage & outdoor deck area
* Second unit includes:
* Spacious, single storey residence
* Two bedroom, one bathroom & single remote garage
* Both include:
* Gourmet kitchens & open plan living areas
* Spacious laundries & low-maintenance gardens
* Opportunity to become landlord & developer
* Steps to beach, Dromana Pier & main shopping strip

Photo I.D. required at all Inspections.

Property History for 59 Fig St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$652,119
22 Feb 2021
Listed for Rent
$350/w
31 Aug 2018
  • 22 Feb 2021
    Sold for $652,119
  • 08 Sep 2020
    Listed for Sale $610,000 - $640,000
  • 22 Aug 2018
    Listed for Rent $350 / 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 2 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 246 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.