8 Iris Street, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

8 Iris Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 118m2
Land area: 603m2
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Property Details for 8 Iris St, Dromana

8 Iris St, Dromana is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 603m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Floor Size
118m2
Land Size
603m2
Local Government
Mornington Peninsula
Lot/Plan
341/LP21130

Last Listing description (November 2023)

This much-loved quintessential beach house is full of coastal charm, with sought-after Northerly views of Port Phillip Bay, the city skyline & Martha Point. Family-friendly location overlooking Heath Road Reserve, the surrounds create a lovely sense of privacy with a relaxed coastal ambiance. Comprising of 3 bedrooms, 1 bathroom and an eclectic, functional kitchen with free-standing stove and warm timber benchtops. The adjoining dining & living area basks in the north facing bay views and overlooks the vast lawn space in the rear yard- perfect for a backyard game of cricket and Summertime BBQ's. Set on low maintenance grounds of 603sqm (approx) with good fencing and space under the house for car accommodation along with a cool shaded Summer retreat area. This home is perfect for those seeking a Peninsula holiday home in a prime position, investors looking for a high return (current Airbnb history providing $40+k pa), or a purchaser looking for a great reno project in a sought-after location - secure this property today and enjoy the benefits for years to come.

Property History for 8 Iris St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$850,000
23 Feb 2023
  • 23 Feb 2023
    Sold for $850,000
  • 20 Jan 2023
    Listed for Sale $860,000
  • 19 Jun 2018
    Sold for $620,000
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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, 238 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.