Thinking about buying in Dromana? Now could not be a better time, with 6971 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,333,000 with prices in this suburb ranging from $80,000 to $10,126,000. Dromana is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Dromana Real Estate Market Outlook

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Dromana due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Dromana provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Dromana necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Dromana we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Dromana a better buying opportunity than it may have been in the past.

Houses for sale Dromana

	unit 3, 10 charles st, dromana, vic, 3936	5	2	2	$950,000 - $1,040,000
	8a james st, dromana, vic, 3936	2	1	1	$630,000 - $665,000
	5 george st, dromana, vic, 3936	3	1	2	$1,380,000 - $1,510,000
	unit 3, 6 mary st, dromana, vic, 3936	3	2	2	$685,000 - $750,000
	246 boundary rd, dromana, vic, 3936	4	2	1	$1,000,000 - $1,100,000
	73 lombardy av, dromana, vic, 3936	3	3	3	$1,085,000 - $1,185,000
	17 ocean st, dromana, vic, 3936				$900,000 - $990,000
	22 seaview pde, dromana, vic, 3936	3	1	1	$930,000 - $1,020,000
	27 heath rd, dromana, vic, 3936	4	2	2	$1,675,000
	40 manna st, dromana, vic, 3936	3	2	4	$1,040,000 - $1,144,000
	55 mcculloch st, dromana, vic, 3936	3	2	4	$1,060,000 - $1,160,000
	unit 3, 35 williams st, dromana, vic, 3936	3	2	2	$850,000 - $935,000
	unit 2, 35 williams st, dromana, vic, 3936	2	1	1	$700,000 - $770,000
	20 heales st, dromana, vic, 3936	3	3	2	Expressions of Interest -Close Tue 28 Jan at 12pm
	5 burton st, dromana, vic, 3936	3	2	2	$1,990 000 - $2,180,000
	unit 6, 54 kangerong av, dromana, vic, 3936	3	2	2	Forthcoming Auction
	30 francis st, dromana, vic, 3936				$845,000 - $895,000
	15 boundary rd, dromana, vic, 3936	3	1	6	$2,095,000 - $2,295,000
	8 shire rd, dromana, vic, 3936	3	1	1	$1,000,000 - $1,100,000
	20 seaview pde, dromana, vic, 3936	3	2	2	$1,400,000 - $1,500,000
	9 charles st, dromana, vic, 3936	4	2	1	$865,000 - $950,000
	1 garner st, dromana, vic, 3936	4	3	4	$1,195,000 - $1,250,000
	4 coleus st, dromana, vic, 3936	3	1		$700,000 - $770,000
	13 james st, dromana, vic, 3936	4	4	5	$2,350,000 - $2,550,000
	27 noel st, dromana, vic, 3936	7	3	3	$1,380,000 - $1,480,000
	14 caldwell rd, dromana, vic, 3936				$680,000 - $740,000
	boatshed 229, point nepean rd, dromana, vic, 3936	1	1		$450,000 - $480,000
	12 hardware lane, dromana, vic, 3936	3	2	4	$1,790,000 - $1,960,000
	54 devon st, dromana, vic, 3936	4	2	2	$1,540,000 - $1,690,000
	boatshed 48, point nepean rd, dromana, vic, 3936	1	1		$395,000 - $430,000
	18 storer dr, dromana, vic, 3936	3	2	2	For Sale 1,320,000 -1,420,000
	27 coleus st, dromana, vic, 3936	3	1	8	$780,000 - $830,000
	47 coleus st, dromana, vic, 3936	3	2	3	$900,000 - $990,000
	9 jackson way, dromana, vic, 3936	0	0	0	1000000
	45 rainier av, dromana, vic, 3936	4	2	3	$960,000 - $990,000
	76 rainier av, dromana, vic, 3936	3	2	2	$900,000 - $945,000

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