90 Wallaces Road, Dromana, VIC 3936 | Property Value & History | OnTheHouse
OFF MARKET

90 Wallaces Road
Dromana VIC 3936

Bedrooms: 4
Bathrooms: 3
Car spaces: 3
Floor area: 780m2
Land area: 411337m2
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Property Details for 90 Wallaces Rd, Dromana

Building Type
Rural
Year Built
2023
Floor Size
780m2
Land Size
411337m2
Local Government
Mornington Peninsula
Lot/Plan
2/PS423320

Last Listing description (January 2025)

Seize this extraordinary opportunity to own a versatile 101-acre property with immense agricultural potential. This prized landholding on the Mornington Peninsula offers a unique blend of luxury living and farming possibilities, perfect for the discerning agriculturist or investor.

Agricultural Potential

Diverse Farming Opportunities
With beautifully well-draining, level paddocks and large green pastures, this property is primed for various agricultural ventures:
Vineyard development, capitalizing on the regions renowned wine-growing reputation
Equestrian facilities, including existing infrastructure for horse agistment and training
Cattle farming, with ample grazing land and water resources
Crop cultivation, benefiting from the fertile soil and favourable climate

Water Resources
Ensuring year-round productivity, the property boasts:
Three dams
A borehole
107,000L underground concrete water tank
Additional 275,000L above-ground water tanks

Equestrian Excellence
The property features top-notch equestrian facilities:
Nine paddocks with electrified Duncan Equine Stallion Rail
Eight Anvil powder-coated stables with Stable Comfort flooring
Covered arena with Martin Collins waxed surface
Two utility sheds and a drive-in truck garage
Tack and feed rooms, two wash bays with hot/cold water
Sheds and stables have been designed to be adaptable to various other agricultural endeavours.

Energy Independence
Three-phase power
61kW solar system, reducing operational costs

Luxurious Homestead
While focusing on agricultural pursuits, enjoy the comforts of a stunning contemporary farmhouse:
Spectacular rural and bay views
Award-winning kitchen with 6-meter marble island bench
Multiple living spaces, including rumpus/games room and wine cellar
Four bedrooms, including two master suites
Hydronic heating throughout
10m tiled automated heated mineral pool & spa
Beautiful stonework
Garaging for 6 cars

Prime Location
Situated in one of the Mornington Peninsulas finest locations, youll benefit from:
Proximity to Peninsula Link for easy city access
Minutes from Marthas Cove Marina and the beach
Close to signature wineries and tourist venues

Dont miss this rare chance to combine a luxurious rural lifestyle with a thriving agricultural business, with primary producer status already in place. Act now to secure your future in one of Australias most sought-after regions. Inspection will not disappoint contact Peninsula Sothebys International Realty today to make this agricultural dream a reality.

Proudly marketed Internationally by Peninsula Sotheby's International Realty.

Property History for 90 Wallaces Rd, Dromana, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$11,000,000
15 Dec 2024
  • 15 Dec 2024
    Sold for $11,000,000
  • 26 Sep 2024
    Listed for Sale UNDER CONTRACT
  • 28 Mar 2024
    Listed for Sale Expressions Of Interest!
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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 6,011 properties. Over the last 5 years, Houses in Dromana have seen a 23.29% increase in median value, while Units have seen a 15.31% increase. As at 28 February 2026:

  • The median value for Houses in Dromana is $1,054,744 while the median value for Units is $798,677.
  • Houses have a median rent of $630 while Units have a median rent of $610.
There are currently 43 properties listed for sale, and 2 properties listed for rent in Dromana on OnTheHouse. According to Cotality's data, 236 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.