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 1, 23 JAMES ST, DROMANA, VIC, 3936	2	1	1	$590,000 - $620,000
	4 COLEUS ST, DROMANA, VIC, 3936	3	1		$950,000 - $1,045,000
	UNIT 2, 10 CHARLES ST, DROMANA, VIC, 3936	5	2	2	$1,150,000 - $1,250,000
	13 JAMES ST, DROMANA, VIC, 3936	4	4	5	$2,450,000 - $2,695,000
	12 JULIAN CT, DROMANA, VIC, 3936	3	2	4	$950,000 - $1,045,000
	10 WUNDA ST, DROMANA, VIC, 3936	3	2	2	$1,525,000 - $1,675,000
	210-212 BOUNDARY RD, DROMANA, VIC, 3936	2	1	1	$780,000 - $850,000
	27 NOEL ST, DROMANA, VIC, 3936	7	3	3	$1,500,000
	17 MCARTHUR ST, DROMANA, VIC, 3936	3	1	2	$1,550,000 - $1,625,000
	UNIT 1, 30 CATALINA AV, DROMANA, VIC, 3936	3	1	3	$595,000 - $650,000
	UNIT 1, 16 JAMES ST, DROMANA, VIC, 3936	3	3	2	$890,000 - $979,000
	20-22 VERDON ST, DROMANA, VIC, 3936	3	2	10	$2,000,000 - $2,200,000
	14 CALDWELL RD, DROMANA, VIC, 3936				$680,000 - $740,000
	11 CALDWELL RD, DROMANA, VIC, 3936	6	2	4	$2,300,000 - $2,500,000
	13 GLENONE AV, DROMANA, VIC, 3936				$660,000 - $720,000
	11 GLENONE AV, DROMANA, VIC, 3936				$660,000 - $720,000
	307 BOUNDARY RD, DROMANA, VIC, 3936	3	2	2	$1,200,000 - $1,300,000
	UNIT 1, 31 CHARLES ST, DROMANA, VIC, 3936	4	2	2	$950,000 - $1,045,000
	BOATSHED 229, POINT NEPEAN RD, DROMANA, VIC, 3936	1	1		$450,000 - $480,000
	26 PROTEA LANE, DROMANA, VIC, 3936	1	1	2	$590,000 - $645,000
	4 CALDWELL RD, DROMANA, VIC, 3936	4	2	4	Contact Agent
	10 THE GROVE, DROMANA, VIC, 3936	3	1	2	$1,550,000 - $1,630,000
	12 HARDWARE LANE, DROMANA, VIC, 3936	3	2	4	$2,050,000 - $2,255,000
	54 DEVON ST, DROMANA, VIC, 3936	4	2	2	$1,600,000 - $1,750,000
	BOATSHED 48, POINT NEPEAN RD, DROMANA, VIC, 3936	1	1		$395,000 - $430,000
	71-73 LATROBE PDE, DROMANA, VIC, 3936	4	1		Private Sale - $2,590,000
	85 HARRISONS RD, DROMANA, VIC, 3936				CONTACT AGENT
	32 FRANCIS ST, DROMANA, VIC, 3936	4	3	2	$ 2,350,000
	22 PIER ST, DROMANA, VIC, 3936	4	3	2	$ 1,975,000 - $ 2,100,000
	18 WATSON AV, DROMANA, VIC, 3936	4	1	3	1032000
	6 FRIEDA ST, DROMANA, VIC, 3936	4	2	3	Contact Agent
	56 CALLAS ST, DROMANA, VIC, 3936	3	1	1	Contact Agent
	43 LOMBARDY AV, DROMANA, VIC, 3936	4	2	4	$1,000,000 - $1,100,000

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