85/131 Nepean Highway, Dromana, VIC 3936 | Property Value & History | OnTheHouse
 
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85/131 Nepean Highway
Dromana VIC 3936

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 53m2
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Last updated 6 Jul 2026
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Property Details for 85/131 Nepean Hwy, Dromana

85/131 Nepean Hwy, Dromana is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2006. The property has a floor size of 53m2.

Building Type
Unit
Year Built
2006
Floor Size
53m2
Local Government
Mornington Peninsula

Last Listing description (November 2019)

Live the life in your own peninsula home just a stone throw from Dromana's favourite cafe strip, beaches and the Dromana Village Drive-in. This is the perfect opportunity for holiday makers, retirees, permanent residents and investors!

Potential stamp duty savings on purchase, no water or council rates, no property maintenance, 96 year leasehold left, with a further option to another 99 years. Exclusive security pin gate access, and offering facilities such as 2 swimming pools, one indoor and one solar heated outdoors, a tennis court, BBQ facilities and childrens play-ground..the list goes on.


The home itself offers two bedrooms (WIR to master) central bathroom and a large open plan living area accompanied by a well-appointed kitchen. Amongst many features of this property you will find:
- Split -cycle heating/cooling
- Gas stove
- Open plan kitchen/living area
- Sweet, welcoming facade with front balcony
- Large separate laundry
- External Storage space
- Extra-large driveway/ carport with boat accommodation

Situated in the Dromana Holiday & Lifestyle Village, this home has the hidden advantage of having the grounds fully maintained . Enjoy all of this plus the surrounding pleasures of the Mornington Peninsula. Live in or reap the rewards of a potential rental income.

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Property History for 85/131 Nepean Hwy, Dromana, VIC 3936

A timeline of how this property has performed in the market
  • 11 Sep 2019
    Listed for Sale $179,000-$195,000
  • 08 Jan 2019
    Listed for Sale $195,000 - $225,000
  • 21 Mar 2018
    Listed for Sale $195,000 to $214,500
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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 6,043 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 37 properties listed for sale, and 17 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 225 properties were sold in the past 12 months in Dromana.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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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.

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