198 Dromana Parade, Safety Beach, VIC 3936 sold on 22 February 2025 | OnTheHouse
 
SOLD
Sold on 22 Feb 2025 for $1,620,000

198 Dromana Parade
Safety Beach VIC 3936

Bedrooms: 3
Bathrooms: 2
Car spaces: -
Land area: 1405m2
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Belle Property Dromana
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Property Details for 198 Dromana Pde, Safety Beach

Building Type
Land
Year Built
1974
Land Size
1405m2
Local Government
Mornington Peninsula
Lot/Plan
1/TP336707

Last Listing description (September 2025)

Offering an abundance of development or renovation/sub-division potential, this expansive block of approx. 1,405 sqm is set in an enviable location just a stroll to the beautiful beach, caf/store, and boat ramp, and close to the marina precinct.

The current double-storey property provides a 3-bedroom, dual-living area home with bay glimpses, and while it could be restored to its former glory, it also presents a golden opportunity for owner-builders or developers to create a stunning new coastal home or multiple townhouses (STCA).

- Expansive corner block approx. 1,405 sqm, beside Shand St (unmade road)

- Convenient location ideal for permanent family living or holiday home
- Spacious home with 3 ground floor bedrooms, and family room with bar
- 2 ground floor bathrooms, plus study and laundry, upstairs powder room
- Large 1st floor kitchen/living/dining room opening to covered balcony
- Views across neighbouring reserve to Mount Martha and bay glimpses
- Carport/terrace, off-street parking, garage to rear, and large gardens
- Caf, Provincia Food Store and Chemist Warehouse around 10 mins' walk
- A short drive to Martha Cove Marina, Dromana shops and restaurants

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Property History for 198 Dromana Pde, Safety Beach, VIC 3936

A timeline of how this property has performed in the market
Last Sold
$1,620,000
22 Feb 2025
Listed for Rent
$400/w
17 Jun 2015
  • 22 Feb 2025
    Sold for $1,620,000
  • 30 Jan 2025
    Listed for Sale SOLD
  • 29 Nov 2018
    Listed for Sale Contact Agent
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About Safety Beach 3936

The size of Safety Beach is approximately 6.0 square kilometres. It has 23 parks covering nearly 12.2% of total area. The population of Safety Beach in 2016 was 4821 people. By 2021 the population was 6328 showing a population growth of 31.3% in the area during that time. The predominant age group in Safety Beach is 70-79 years. Households in Safety Beach are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Safety Beach work in a professional occupation.In 2021, 70.40% of the homes in Safety Beach were owner-occupied compared with 69.80% in 2016.

Safety Beach has 5,203 properties. Over the last 5 years, Houses in Safety Beach have seen a 20.98% increase in median value, while Units have seen a 22.55% increase. As at 31 January 2026:

  • The median value for Houses in Safety Beach is $1,224,151 while the median value for Units is $883,254.
  • Houses have a median rent of $750 while Units have a median rent of $618.
There are currently 41 properties listed for sale, and 6 properties listed for rent in Safety beach on OnTheHouse. According to Cotality's data, 192 properties were sold in the past 12 months in Safety beach.

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© 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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