Dromana, VIC 3936
Compare Part of Mornington Peninsula
57.79 km
Distance from Melbourne CBD
8 k
Population
Auction Times
Sat 25 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 2B McArthur Street 4 2 2 House | 11:00 AM Sat 25th Jan | Hocking Stuart |
 | 2/2 Corey Avenue 4 2 2 Unit | 11:00 AM Sat 25th Jan | Hocking Stuart |
 | 2 Rosalie Avenue 3 2 2 House | 11:30 AM Sat 25th Jan | Scenic Property |
 | 5 George Street 3 1 2 House | 3:30 PM Sat 25th Jan | Hocking Stuart |
Sun 26 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 7 Burton Street 3 2 2 House | 12:30 PM Sun 26th Jan | Hocking Stuart |
 | 4/49 Seacombe Street 2 2 2 Townhouse | 2:00 PM Sun 26th Jan | Hocking Stuart |
 | 109 Rainier Avenue 4 2 2 House | 2:00 PM Sun 26th Jan | Hocking Stuart |
 | 18 Lugano Avenue 3 1 2 House | 3:30 PM Sun 26th Jan | Hocking Stuart |
Mon 27 Jan | Auction Time | Agency | |
|---|---|---|---|
 | 3/5 Seacombe Street 3 2 2 Townhouse | 2:00 PM Mon 27th Jan | Hocking Stuart |
Sat 1 Feb | Auction Time | Agency | |
|---|---|---|---|
 | 8 Fig Street 2 1 0 House | 2:00 PM Sat 1st Feb | Biggin & Scott |
 | 11 Caldwell Road 6 2 4 House | 2:00 PM Sat 1st Feb | Biggin & Scott |
Median Sale Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $390,000 | 0.0% | $245,000 | $1,020,000 | 115 |
| 2010 | $460,000 | +15.2% | $200,000 | $2,325,000 | 161 |
| 2011 | $460,500 | +0.1% | $100,000 | $1,275,000 | 133 |
| 2012 | $480,000 | +4.1% | $280,000 | $1,500,000 | 152 |
| 2013 | $500,000 | +4.0% | $230,000 | $2,000,000 | 163 |
| 2014 | $507,000 | +1.4% | $284,000 | $4,400,000 | 204 |
| 2015 | $590,000 | +14.1% | $45,500 | $2,800,000 | 185 |
| 2016 | $590,000 | 0.0% | $145,000 | $1,780,000 | 180 |
| 2017 | $687,000 | +14.1% | $92,425 | $2,010,000 | 187 |
| 2018 | $750,000 | +8.4% | $120,000 | $1,750,000 | 132 |
| 2019 | $720,000 | -4.2% | $420,000 | $2,575,000 | 129 |
| 2020 | $800,000 | +10.0% | $508,000 | $2,219,650 | 117 |
| 2021 | $1,035,000 | +22.7% | $385,000 | $4,210,000 | 172 |
| 2022 | $1,100,000 | +5.9% | $182,000 | $4,600,000 | 132 |
| 2023 | $1,070,000 | -2.8% | $431,000 | $3,129,000 | 138 |
| 2024 | $945,000 | -13.2% | $390,000 | $3,400,000 | 133 |
| 2025 | $820,000 | -15.2% | $750,000 | $2,250,000 | 7 |
Median Sale Price
$945K
Based on 137 recorded sales within the last 12 months
Updated on 21 Jan 2025
Suburb Growth
-14.3%
Current Median Price: $945,000
Previous Median Price: $1,080,000
Based on 270 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Dec 2024)
Price Range Segments (12 months ending Dec 2024)
Median Weekly Rent Price
House
-
Updated on Nov 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Nov 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $310 | 0.0% | $195 | $3,000 | 95 |
| 2012 | $320 | +3.1% | $190 | $1,000 | 117 |
| 2013 | $330 | +3.0% | $200 | $3,000 | 120 |
| 2014 | $350 | +5.7% | $150 | $1,500 | 136 |
| 2015 | $350 | 0.0% | $180 | $1,195 | 144 |
| 2016 | $360 | +2.8% | $250 | $52,000 | 139 |
| 2017 | $400 | +10.0% | $270 | $3,283 | 142 |
| 2018 | $395 | -1.3% | $235 | $750 | 125 |
| 2019 | $410 | +3.7% | $200 | $800 | 108 |
| 2020 | $430 | +4.7% | $285 | $990 | 96 |
| 2021 | $500 | +14.0% | $295 | $1,600 | 65 |
| 2022 | $550 | +9.1% | $350 | $1,250 | 100 |
| 2023 | $590 | +6.8% | $360 | $1,200 | 122 |
| 2024 | $595 | +0.8% | $450 | $1,500 | 112 |
| 2025 | - | - | - | - | - |
Median Rent Price
$595
per week
Based on 107 recorded rent within the last 12 months
Updated on 21 Jan 2025
Rent Price Growth
+0.8%
Current Median Rent: $595
Previous Median Rent: $590
Based on 231 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+3.3%
Current Median Price: $945,000
Current Median rent: $595
Based on 244 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Dec 2024)
Auction Results For Dromana
Houses sold in Last 12 months ends 18 Jan 2025
$1.04M
Median Sale Price
55%
Clearance Rate
23/42
Sold/Reported
$2.18M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $2 M - $3 M | 1 | |
| $1.6 M - $1.8 M | 3 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M | 1 | |
| $1 M - $1.2 M (Median Price Range) | 3 | |
| $800 K - $1 M | 6 | |
| $600 K - $800 K | 2 | |
Similar Suburbs to Dromana 3936
Based on median house sale price sold in last 12 months
Schools closest to Dromana, VIC 3936
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| Dromana Primary School | MCCULLOCH STREETDromana 3936 | Primary | Government | 0.63 km |