Auction Times
Sat 27 Apr | Auction Time | Agency | |
---|---|---|---|
5 Tennent Street 5 2 4 House | 1:00 PM Sat 27th Apr | Barry Plant |
Sat 4 May | Auction Time | Agency | |
---|---|---|---|
227 Boundary Road 5 6 4 House | 11:00 AM Sat 4th May | McEwing Partners | |
211 Boundary Road 2 1 1 House | 12:30 PM Sat 4th May | Hocking Stuart | |
12 Jackson Way 4 2 4 House | 1:00 PM Sat 4th May | Barry Plant |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | 186 |
2018 | $750,000 | +8.4% | $120,000 | $1,750,000 | 132 |
2019 | $727,000 | -3.2% | $420,000 | $2,575,000 | 128 |
2020 | $800,000 | +9.1% | $508,000 | $2,219,650 | 117 |
2021 | $1,035,000 | +22.7% | $385,000 | $4,210,000 | 171 |
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% | $630,000 | $3,300,000 | 49 |
Median Sale Price
$1.05M
Based on 143 recorded sales within the last 12 months
Updated on 26 Apr 2024
Suburb Growth
-6.7%
Current Median Price: $1,050,000
Previous Median Price: $1,120,000
Based on 269 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $595 | +7.6% | $360 | $1,200 | 119 |
2024 | $600 | +0.8% | $480 | $1,350 | 24 |
Median Rent Price
$595
per week
Based on 102 recorded rent within the last 12 months
Updated on 26 Apr 2024
Rent Price Growth
+0.8%
Current Median Rent: $595
Previous Median Rent: $590
Based on 214 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.9%
Current Median Price: $1,050,000
Current Median rent: $595
Based on 245 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Dromana
Houses sold in Last 12 months ends 20 Apr 2024
$1.09M
Median Sale Price
69%
Clearance Rate
35/51
Sold/Reported
$3.13M
Highest Sale Price
Sold Price Range | No. of Sold Properties | |
---|---|---|
$3 M and more | 1 | |
$2 M - $3 M | 1 | |
$1.6 M - $1.8 M | 2 | |
$1.4 M - $1.6 M | 4 | |
$1.2 M - $1.4 M | 4 | |
$1 M - $1.2 M (Median Price Range) | 7 | |
$800 K - $1 M | 5 | |
$600 K - $800 K | 5 | |
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 |