Market Update 7th January 2025

A strong sale to end 2024 was at 37 Latrobe Parade in Dromana. The four bedroom, two bathroom home sold for $1,590,000 with the vendors making a considerable profit in a decade after purchasing it for $660,000 in 2014.

https://www.realestate.com.au/sold/property-house-vic-dromana-146147972

 

Another strong sale to see out the 2024 year was that of 187 Nepean Highway in Dromana. The property which included approximately 12 acres of land and a four bedroom home, sold for $2,300,000. It was the first time the property had been on the market in over 40 years with the vendors having purchased it in

1979 for $52,000.

https://www.realestate.com.au/sold/property-acreage+semi-rural-vic-dromana-146571744

 

Another impressive sales result for 2024 was that of 3 Arthur St, Dromana. The three bedroom, one bathroom home sold for $1,550,000 resulting in a considerable profit for the owners who bought it in 2001 for $224,000.

https://www.realestate.com.au/property/3-arthur-st-dromana-vic-3936/

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