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

8 Margo Street
Dromana VIC 3936

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 111m2
Land area: 614m2
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Property Details for 8 Margo St, Dromana

8 Margo St, Dromana is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 614m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in September 2024.

Building Type
House
Year Built
1960
Floor Size
111m2
Land Size
614m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP96563

Last Listing description (November 2024)

Loaded with lifestyle appeal and positioned for convenience, this older-style home offers the spoils of seaside living just a short stroll from Dromana Beach. Anchored by a modern kitchen and dining area, the home features a welcoming lounge and north-facing sunroom, with 3 bedrooms and a family bathroom zoned privately to the rear. Outside, a sheltered deck and private backyard provide an ideal setting for family barbeques and space for kids to enjoy outdoor play. Situated in a quiet street within a 10-minute walk to Dromana Hub, schools, buses, sporting grounds and caf?s.

- Prime location and set on a level 618sqm approx block
- North-facing sunroom and lounge, high ceilings, heating & cooling

- Modern kitchen with stainless-steel gas cooktop/electric oven
- Large master bedroom with an abundance of built-in robe storage
- Two junior bedrooms, one with built-in robe storage
- Fully-tiled bathroom with large shower & laundry facilities, sep WC
- Mitsubishi r/c air-con in lounge room and 2 bedrooms
- Detached single garage with additional off-street parking
- Fully fenced with gated access into the property and the backyard
- Easy access to Peninsula Freeway onramp via McCulloch Street

Property History for 8 Margo St, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$920,000
13 Sep 2024
Listed for Rent
$395/w
13 Nov 2018
  • 13 Sep 2024
    Sold for $920,000
  • 15 Aug 2024
    Listed for Sale Sold
  • 26 Jul 2018
    Listed for Rent $395 / 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 6,006 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 3 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 253 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.