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VIC › Dromana › Arthur St

43 Arthur St, Dromana VIC 3936

For saleHouse for Sale

$895,000

For sale

Asking

2

Bedrooms

2

Bathrooms

3

Car spaces

562 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $895,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $895,000(Listing record · 19 Aug 2026)
  • FactLand 562 m²; no building size recorded.(Property record)
  • CalculationAsk is 1% below the Dromana median recorded sale ($900,000, n=88, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Dromana's advertised median rent ($617/wk), implied gross yield would be 3.58% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

The ask against the evidence

Asking

$895,000

Asking · $1,593/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.

See the full Dromana report →

Vs Dromana

-0.6%

Median sale

Suburb $900,000

+0.02 pp

Gross yield

Suburb 3.56%

Suburb median $900,000 from 88 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$895,000
Stamp Duty (Victoria)
$48,770
Transfer/Registration Fee
$2,199
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$949,669

$54,669 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Dromana's advertised median rent — not a rent for this listing.

Net yield
2.08%
Annual cashflow (pre-tax)
$-27,881
Interest cover (DSCR)
0.40
Annual rent
$32,084
Operating expenses
$13,425
Loan amount
$716,000
Annual interest
$46,540
Gross yield
3.58%

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.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$895,000available19 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

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.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.6%. 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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Dromana in one glance

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.

See the full Dromana report →

Keep researching

  • Why Dromana? Read the area thesis →
  • What else is on the market in Dromana →
  • Other records on Arthur St →

Listing material

Listed by YPA Dromana

RETRO CHARACTER, SPACE & CONVENIENCE AND THE BEACH DOWN THE STREET (approx. 500 m)

Full of the warmth and personality of its era, this classic brick home offers an appealing combination of retro charm, generous proportions and an outstanding central Dromana location. From its distinctive brick façade and established garden to the beautiful timber floors, large picture windows and original features inside, this is a home with genuine character.

There is an individuality here that immediately gives the property a welcoming atmosphere. The spacious living room is filled with natural light and features polished timber flooring and an electric log fire set within the original fireplace, while the adjoining meals area and kitchen retain their appealing retro character. The original cabinetry and vintage detailing provide a nostalgic nod to the home's past and could be embraced as part of its style or gradually updated to create an interesting blend of old and new.

Two well-proportioned bedrooms are complemented by a separate study/sunroom, another charming feature of the home's original design and a versatile space for working from home, hobbies or guests. The bathroom also retains its period character, while a separate shower and laundry add everyday practicality.

Read the full description

PROPERTY FEATURES INCLUDE:

• Classic brick home with wonderful retro character

• Two generous bedrooms

• Separate study/sunroom

• Spacious, light-filled living room

• Electric log fire

• Polished timber flooring

• Character-filled kitchen and meals area with original retro cabinetry and detailing

• Central bathroom with period appeal

• Laundry with additional shower

• Heating & air conditioning

• Generous but low maintenance garden and lawn area

• Large freestanding garage approx. 3.6m x 6.0m

• Excellent off-street parking

• Approximately 562m² of land

The location adds enormously to the appeal, with Dromana's Foreshore, the Beach Trail, the Pier, Cafés, Restaurants, Shopping Centre / IGA, Football Oval, Tennis Club and other Recreational Facilities, as well as Medical Facilities, Schools & Public Transport, everything is within an easy walk.

The future owner will appreciate the character and individuality this home has to offer, with the opportunity to embrace its authentic retro charm, enhance its existing features or introduce contemporary updates while preserving its unique personality.

This is a character-filled beachside home with space, charm and plenty of potential – ready for its next chapter as a permanent home, investment property or to be enjoyed as a traditional beach home.

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.

Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.