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Unit 3,
6 MARY STREET Dromana VIC 3936

This property is Off Market

All about Dromana Homes for sale in Dromana

The Average property price in this area is $1,419,601, this is based on recent transactions.
Distance to the coast 0.95 km
Potential bushfire risk 0 / 10
Report as to subsidence
Potential Land Contamination risk
Powerlines within 200m 0

Street view

Drive times

School Catchments

Property For Sale Nearby

Belle Property 6 WINDWARD CT, ARTHURS SEAT, $1,500,000 - $1,650,000 4 Beds - 3 Baths - 2 Parking Within 2.3 km OneAgency 190 PURVES RD, ARTHURS SEAT, $ 5,800,000 - $ 6,200,000 - House + 2 Cottages 6 Beds - 5 Baths - 6 Parking Within 4.0 km

Recently Sold Properties in this Area

About Dromana

With an average age of 45, households expect an average monthly mortgage payment of $1,600 or a weekly rent payment of $348. The average family earns a weekly income of $1,726 with a typical household size of 2.3 and a 94.07% employment rate.

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.

Public Transport

Leawarra

Somerville train

Tyabb Station ship

Tankerton Jetty train

Bittern Station ship

Cowes Jetty train

Moorooduc

Mornington train

Hastings

Stony Point Pier

General Points of Interest

Bay Views Golf Course

The Briars Park Visitor Centre

Sunny Ridge Strawberry Farm

Wetland Viewpoint

Heronswood

Hickinbotham Winery

McCrae Homestead golf

Mount Martha Public Golf Course

Red Hill Bike Park

Red Hill Estate

Population

(Country of Birth not stated 9%)

Are people healthy?

There are a recorded 1692 asthma sufferers and 637 people living with diabetes. In addition, 903 people have a heart/vascular condition and 1529 people live with three or more chronic diseases.

A good place to invest in property?

Dromana a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.

Investability - Housing Demand

Victoria State average 44 / 100

Income

42 / 100

52 / 100

Industry

10 / 100

17 / 100

Population

35 / 100

32 / 100

House Prices

75 / 100

70 / 100

Jobs

31 / 100

34 / 100

Disclaimer

Local Crime Rates

Incidents Trend State Average

Local Schools

School Catchments

Dromana Primary School Dromana Secondary College
Rosebud Primary School
Rosebud, VIC, 3939 State Prep-6
Dromana Primary School
Dromana, VIC, 3936 State Prep-6
Eastbourne Primary School
Rosebud, VIC, 3939 State Prep-6
Our Lady of Fatima School
Rosebud, VIC, 3939 Independent Prep-6
Peninsula Specialist College
Dromana, VIC, 3936 State U
Rosebud Secondary College
Rosebud, VIC, 3939 State 7-12
Red Hill Consolidated School
Red Hill, VIC, 3937 State Prep-6
Dromana Secondary College
Dromana, VIC, 3936 State 7-12
Mount Martha Primary School
Mount Martha, VIC, 3934 State Prep-6
Balcombe Grammar School
Mount Martha, VIC, 3934 Independent Prep-12

Property Story

Unit 3, 6 Mary Street, Dromana, Vic, 3936 is a residential property . The estimated distance to the sea is only 0.95km and 0.91KM to vegatation considered to be a factor in bushfire risk.

Local Developments

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134 Acme Avenue Street, Town, State

Description - Details the application. Type and other information pertaining to the development application and more...

Authority Reference: UX0909823-GOV Website

The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz 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 Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.

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