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All About Dromana, Mornington Peninsula, VIC, 3936

Dromana, located on the scenic Mornington Peninsula in Victoria, presents a dynamic housing market characterized by its increasing appeal to both permanent residents and holidaymakers. Over recent years, the area has witnessed a steady appreciation in property values, driven by its attractive coastal location and the lifestyle offerings inherent in the region. The market caters to a diverse demographic, including families, retirees, and young professionals seeking a sea change. The residential landscape in Dromana is a blend of older, charming beachside cottages and modern architectural homes, reflecting a community that respects its rich history while embracing contemporary living. The proximity to Melbourne, approximately an hour's drive, adds to its appeal as a viable commuter town, enhancing property demand further. With ongoing development and infrastructure improvements, Dromana's housing market remains buoyant, with potential for continued growth.

Living in Dromana offers a quintessential coastal experience marked by a relaxed atmosphere and abundant natural beauty. Residents enjoy access to pristine beaches, ideal for swimming, boating, and fishing, contributing to a laid-back lifestyle that is a hallmark of the Mornington Peninsula. The town boasts a vibrant local community with a range of cafes, restaurants, and boutique shops, reflecting a growing cosmopolitan flair while retaining its small-town charm. The surrounding area offers numerous parks, walking trails, and wineries, making it a haven for outdoor enthusiasts and those who appreciate local produce and wine. Dromana's community spirit is exemplified through regular markets and events that bring locals and visitors together, fostering a strong sense of belonging and community engagement. Overall, living in Dromana provides a picturesque setting that balances tranquility with modern conveniences, offering an enviable quality of life.

Household Makeup

Median Weekly Rent $383.50
Median Monthly Mortgage $1685.75
Median Persons Per bed houseroom 0.71
Average Household Size 2.13
Average Age 48.63
Average Income $676.50
Average Cars Per Dwelling 1.73
Average Properties Within 50M 17
Typical 1 bed house$1,230,000
Typical 2 bed house$1,082,000
Typical 3 bed house$1,300,000
Typical 4 bed house$1,758,000
Typical 5 bed house$2,023,000
Typical 6 bed+ house$2,072,000

Housing Stock

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Dromana Real Estate Market Outlook

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

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.

Instant Property Valuation

Houses for sale Dromana

BarryPlant 9 Shaw Street, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 0 $1,180,000 - $1,220,000
BarryPlant 31A Corey Avenue, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 0 $690,000 to $740,000
BarryPlant Unit 101, Dromana Village, 131 Nepean Hwy, Dromana, VIC, 3936 Beds2 Bathrooms1 Parking 0 Contact Agent
BarryPlant 58 Pier Street, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 0 $949,950
BarryPlant 38 Fig Street, Dromana, VIC, 3936 Beds5 Bathrooms2 Parking 0 $780,000 - $850,000
BarryPlant 30 Scott Street, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 0 $1,450,000
BarryPlant 6 The Righi, Dromana, VIC, 3936 Beds0 Bathrooms0 Parking 0 $660,000 - $720,000
BarryPlant 62 Clarendon Street, Dromana, VIC, 3936 Beds4 Bathrooms3 Parking 0 $2,450,000 - $2,695,000
BarryPlant Unit 15, Dromana Village, 131 Nepean Hwy, Dromana, VIC, 3936 Beds2 Bathrooms1 Parking 0 $315,000 - $330,000
BarryPlant Unit 135, Dromana Village, 131 Nepean Hwy, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 0 $425,000
BarryPlant Unit 5, 50 Seacombe Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 0 $995,000 - $1,050,000
BarryPlant 19 Mary Street, Dromana, VIC, 3936 Beds5 Bathrooms2 Parking 0 $880,000 - $910,000
BarryPlant 38 Manna Street, Dromana, VIC, 3936 Beds4 Bathrooms3 Parking 0 $1,475,000 - $1,575,000
BarryPlant 4 St Marys Place, Dromana, VIC, 3936 Beds4 Bathrooms5 Parking 0 $4,250,000 - $4,650,000
BarryPlant 18 Charmaine Street, Dromana, VIC, 3936 Beds5 Bathrooms5 Parking 0 Contact Agent
BarryPlant Unit 134, Dromana Village, 131 Nepean Hwy, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 0 Contact Agent
BarryPlant Unit 207, 277 Point Nepean Road, Dromana, VIC, 3936 Beds2 Bathrooms2 Parking 0 $750,000 - $795,000
Belle Property 8 Beachurst Avenue, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $900,000 - $990,000
Belle Property 2 Somerset Drive, Dromana, VIC, 3936 Beds Bathrooms $820,000
Belle Property 12 Elizabeth Avenue, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 2 $740,000 - $800,000
Belle Property Unit 3, 10 Charles Street, Dromana, VIC, 3936 Beds5 Bathrooms2 Parking 2 $950,000 - $1,040,000
Belle Property 8A James Street, Dromana, VIC, 3936 Beds2 Bathrooms1 Parking 1 $630,000 - $665,000
Belle Property 5 George Street, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 2 $1,380,000 - $1,510,000
Belle Property Unit 3, 5 Seacombe Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $930,000 - $1,020,000
Belle Property 18 Lugano Avenue, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 2 $700,000 - $770,000
Belle Property 105-107 Rainier Avenue, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 $700,000 - $770,000
Belle Property 7 Burton Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $1,750,000 - $1,900,000
Belle Property Unit 2, 38 Corey Avenue, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 $800,000 - $880,000
Belle Property Unit 3, 6 Mary Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $685,000 - $750,000
Belle Property 246 Boundary Road, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 1 $1,000,000 - $1,100,000
Belle Property 22 Seaview Parade, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 1 $895,000 - $980,000
Belle Property 27 Heath Road, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 $1,675,000
Belle Property 40 Manna Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 4 $960,000 - $1,040,000
Belle Property 55 Mcculloch Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 4 $1,060,000 - $1,160,000
Belle Property Unit 3, 35 Williams Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $800,000 - $880,000
Belle Property 20 Heales Street, Dromana, VIC, 3936 Beds3 Bathrooms3 Parking 2 Expressions of Interest -Close Tue 28 Jan at 12pm
Belle Property 5 Burton Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $1,990 000 - $2,180,000
Belle Property Unit 6, 54 Kangerong Avenue, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $1,350,000 - $1,450,000
Belle Property Unit 4, 49 Seacombe Street, Dromana, VIC, 3936 Beds2 Bathrooms2 Parking 2 $580,000 - $630,000
Belle Property Unit 1, 33 Graeme Street, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 1 $950,000 - $1,045,000
Belle Property 2B Mcarthur Street, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 $1,200,000 - $1,320,000
Belle Property 30 Francis Street, Dromana, VIC, 3936 Beds Bathrooms $795,000 - $850,000
Belle Property 15 Boundary Road, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 6 $2,095,000 - $2,295,000
Belle Property 8 Shire Road, Dromana, VIC, 3936 Beds3 Bathrooms1 Parking 1 $1,000,000 - $1,100,000
Belle Property 7 Jackson Way, Dromana, VIC, 3936 Beds Bathrooms $740,000 - $790,000
Belle Property 20 Seaview Parade, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $1,400,000 - $1,500,000
Belle Property 4 Coleus Street, Dromana, VIC, 3936 Beds3 Bathrooms1 $700,000 - $770,000
Belle Property 13 James Street, Dromana, VIC, 3936 Beds4 Bathrooms4 Parking 5 $2,350,000 - $2,550,000
Belle Property 27 Noel Street, Dromana, VIC, 3936 Beds7 Bathrooms3 Parking 3 $1,290,000 - $1,390,000
Belle Property 14 Caldwell Road, Dromana, VIC, 3936 Beds Bathrooms $680,000 - $740,000
Belle Property Boatshed 229, Point Nepean Road, Dromana, VIC, 3936 Beds1 Bathrooms1 $450,000 - $480,000
Belle Property 12 Hardware Lane, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 4 $1,790,000 - $1,960,000
Belle Property 54 Devon Street, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 $1,400,000 - $1,540,000
Belle Property Boatshed 48, Point Nepean Road, Dromana, VIC, 3936 Beds1 Bathrooms1 $395,000 - $430,000
Fletchers 18 Storer Drive, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 For Sale 1,320,000 -1,420,000
OneAgency 26 Marcus Street, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 2 Contact Agent
OneAgency 40 Hillside Avenue, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 4 $2,350,000 - $2,450,000 - Bay Views + 2 Garages
OneAgency 47 Coleus Street, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 3 $900,000 - $990,000
Ray White 22 Verona Street, Dromana, VIC, 3936 Beds5 Bathrooms3 Parking 2 910000
Ray White 9 Jackson Way, Dromana, VIC, 3936 Beds0 Bathrooms0 Parking 0 1000000
Stockdale&Leggo 24 Burns Close, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 5 $1,050,000 to $1,150,000
Woodards 45 Rainier Avenue, Dromana, VIC, 3936 Beds4 Bathrooms2 Parking 3 $960,000 - $990,000
Woodards 76 Rainier Avenue, Dromana, VIC, 3936 Beds3 Bathrooms2 Parking 2 $900,000 - $945,000
Properties for sale in Dromana

Local Schools

Peninsula Specialist College

Dromana Primary School

Dromana Secondary College

Red Hill Consolidated School

(While the above schools are located with the suburb of Dromana there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Dromana weather - Average Local Climate by month

(mm)
RAIN
Min (°C)
TEMP
Max (°C)
TEMP
Min (%)
HUMIDITY
Max (%)
HUMIDITY
(m/sec)
WIND
(MJ/sq m)
SOLAR
Jan1.413.824.746.686.53.624.7
Feb1.214.325.844.286.23.320.3
Mar1.413.023.646.487.13.015.4
Apr2.110.520.052.289.52.711.9
May2.48.416.757.889.32.98.4
Jun2.46.414.363.790.32.67.2
Jul2.06.213.761.488.73.17.4
Aug2.26.814.655.487.93.510.2
Sept2.47.817.249.788.63.514.4
Oct2.29.119.149.888.73.419.2
Nov2.111.021.150.688.63.222.4
Dec2.012.423.448.188.03.426.4

source: Australian Government Bureau of Meteorology



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General Points of Interest


Nearby Suburbs

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