Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Dromana › Palmerston Ave

69A Palmerston Ave, Dromana VIC 3936

House

4

Bedrooms

2

Bathrooms

5

Car spaces

662 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLand 662 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Dromana (last 5 years) with land size: median $1,379/m² of land (n=101). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

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

What this lot has actually traded at

Last sold

No recorded sale price for this property yet.

Local land rate: recorded House sales in Dromana (last 5 years) with land size have a median of $1,379/m² of land (n=101). Districts calculation from recorded sales — not a valuation.

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 →

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. Soldprice unknown4 Apr 2025
  2. Listedprice unknowncompleted25 Feb 2025

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

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. 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 Palmerston Ave →

Listing material

Listed by Ray White Rosebud

Unique Private Coastal Family Home

Presenting shades of a Spanish Villa and nestled in a serene setting, this beautifully rendered family home offers an abundance of space, comfort, and thoughtful design.

With 3-4 bedrooms and two spacious living zones, it provides a flexible layout perfect for families of all sizes.

The master bedroom is a private retreat, complete with a walk-in robe and ensuite.

Read the full description

Two additional bedrooms offer built-in robes, while the versatile 4th bedroom can be used as a spa room or home office.

The home also features a laundry with external access.

The heart of the home is its well-appointed kitchen, boasting timber bench tops, electric cooking, a dishwasher, and a double sink, perfect for preparing meals and entertaining guests.

Upstairs, enjoy a kitchenette with a charming subway tile backsplash, adding a touch of convenience to the second level.

Step outside and be greeted by a stunning main courtyard featuring a heated spa, outdoor shower, and plenty of room for outdoor entertaining.

The spa is heated in just 30 minutes by a gas pool heater, perfect for year-round relaxation.

Beyond the courtyard, discover a well-maintained backyard with a lawn area, chicken coop, vegetable wicking boxes, potting shed, and garden shed.

Several fruit trees, including olive, fig, and magnolia trees, add to the charm of the space, while a second courtyard with timber cladding, herb gardens, and flower beds offer even more outdoor beauty.

The parking here is generous as the property also includes a designated carport for caravan/boat parking, a single garage with a gas log heater, and a remote electric roller door, perfect for use as a workshop.

A large alfresco area with a shade sail ensures you can enjoy the outdoors in comfort, while landscaped tropical gardens, bougainvillea, and grapevines enhance the beauty of the property.

Other thoughtful features include:

• air conditioning upstairs

• electric log fireplace upstairs

• hydronic heating downstair

• concrete driveway

• six outdoor taps

• watering system

• fully fenced yards

Everywhere you turn there are spaces of relaxation and peace where everyone can enjoy some privacy.

With stunning views of Arthurs Seat and glimpses of Mt Martha, this home offers an idyllic blend of tranquillity and convenience.

Don't miss the opportunity to make this stunning home yours.

Perfect for those seeking a private sanctuary with all the modern comforts and ample space for outdoor living.

Listing description written by Shane Fox, Ray White Rosebud — 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.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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