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.
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
Photo I.D. required at all Inspections.
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:
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