7 Palmerston Avenue, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

7 Palmerston Avenue
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 669m2
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Property Details for 7 Palmerston Ave, Dromana

7 Palmerston Ave, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 669m2.

Building Type
House
Land Size
669m2
Local Government
Mornington Peninsula

Last Listing description (August 2026)

Privately set behind high fencing with dual gated entry to the spacious 669sqm block (approx.) this property presents so many options. Providing potential to renovate and extend the 3BR home, maybe to occupy or rent out while you make your plans, the block also offers the possibility for subdivision, which would allow for a rebuild of the existing property with one or more new homes in its place, all STCA.Conveniently located in walking distance to local stores, cafs and reserve, and a short drive to the beach, shops and freeway access.- Current home has 3 robed bedrooms, bathroom, laundry with garden entry- Kitchen/meals with freestanding electric oven/gas cooktop and pantry- Lounge with gas wall furnace and split system reverse cycle aircon- Generous, almost level garden, fully fenced, and includes garden shed- Dual gates open to off-street parking and double carport- Around 2km drive or walk to the beach and Dromana Hub Shopping Centre- Approx. 20mins walk to popular Boundary Road cafs and stores- 1.5km to Hillview Community Reserve, playground, mountain bike trailsDisclaimer - Whilst every effort has been made to ensure the accuracy of the information provided, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers should make their own enquiries to verify all information, including land size, building size, floor plans, and zoning.

Property History for 7 Palmerston Ave, Dromana, VIC 3936

A timeline of how this property has performed in the market
Listed for Rent
$460/w
05 Oct 2021
  • 27 Jul 2026
    Listed for Sale $595,000 - $650,000
  • 21 Sep 2021
    Listed for Rent $460 / week
  • 25 May 2020
    Listed for Rent $330 / week
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About Dromana 3936

The size of Dromana is approximately 30.6 square kilometres. There are 19 parks, covering nearly 7.2% of the 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 6,044 properties. Over the last 5 years, Houses in Dromana have seen a -1.10% decrease in median value, while Units have seen a 4.30% increase. As at 30 June 2026:

  • The median value for Houses in Dromana is $963,588 while the median value for Units is $776,394.
  • Houses have a median rent of $650 while Units have a median rent of $620.
There are currently 36 properties listed for sale, and 17 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 228 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.