Dromana at a glance
7,490
People
$900,000
Median sale
$617/wk
Median rent
3.56%
Suburb gross yield
Median sale from 88 recorded sales (last 12 months) — a Districts calculation.
$1,095,000
For sale
Asking
3
Bedrooms
2
Bathrooms
0
Car spaces
1,043 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,095,000
Asking · $1,050/m² of land
No recorded sale for this property.
Dromana at a glance
7,490
People
$900,000
Median sale
$617/wk
Median rent
3.56%
Suburb gross yield
Median sale from 88 recorded sales (last 12 months) — a Districts calculation.
Vs Dromana
+21.7%
Median sale
Suburb $900,000
-0.63 pp
Gross yield
Suburb 3.56%
Suburb median $900,000 from 88 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$66,592 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Dromana's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $617/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Dromana at a glance
7,490
People
$900,000
Median sale
$617/wk
Median rent
3.56%
Suburb gross yield
Median sale from 88 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by YPA DromanaARTIST IMPRESSION & POSSIBLE BUILD OPTIONS ON PHOTOS 3 & 4 - LOCAL BUILDER ON STANDBY TO DISCUSS
in a peaceful, elevated setting just a short walk to the beach, this classic home is bursting with charm, space, and possibility. With beautiful bay views, a generous 1042m² block, and the option to renovate or rebuild (STCA), this is a rare offering in one of Dromana's most desirable pockets.
Currently leased, this property offers strong investment appeal with the tenant happy to stay on, or a wonderful chance to plan your dream home while enjoying immediate rental income – making this a must-consider for families, developers, and long-term visionaries.
FEATURES:
• Bay views from the elevated rear alfresco area and living zones
• Approx. 1043m² allotment – a beautiful, usable block with excellent potential
• Scope to renovate or rebuild your forever home (STCA)
• Three-bedroom residence – full of warmth, original charm, and functional spaces
• Light-filled living with hardwood floors and ducted heating
• Updated kitchen with ample storage, modern appliances and breakfast bar
• Split system A/C and ceiling fans
• Decked entertaining area – ideal for taking in the views and tranquil setting
• Second external bathroom & toilet – convenient when coming back from the beach
• Ample under-house storage
• Short stroll to the foreshore, beach access, cafes, public transport & the beach walking trails
• Currently tenanted – ideal holding income while planning your next step
This home offers a rare blend of relaxed living and powerful future potential STCA whether you are seeking a coastal lifestyle, a site to create your dream home or obtain a smart investment in a high-growth area.
Moments to all the charm and convenience of Dromana village, this is a location that continues to grow in popularity.
INSPECT AS ADVERTISED OR BY APPOINTMENT
Disclaimer:
*All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice.
**Photo ID is required at all Open Homes. View our complete privacy policy at: ypa.au/privacy
Listing description written by Elke Remscheid, YPA Dromana — reproduced as published, not verified by Districts.