Dromana is drawing the biggest crowds through opens on this stretch of the Peninsula, and the numbers show why. Two-bedroom houses at $720,000 and two-bedroom units at $618,500 both sit comfortably under the $850,000 mark that is seeing the strongest interest right now.
Three-bedroom homes are trading at $885,000 with 92 sales this year and a 62 per cent clearance rate, the clear volume leader. Four and five-bedroom homes above $1.2 million round out a more selective top end, taking longer on market as buyers become choosier at that level.
Buyers here favour neat, structurally sound homes over flashy renovations, and with demand a little quieter but stock also tight, sellers who come to market with realistic pricing are securing genuine offers. Those who price too high are finding the crowds at their open simply move on to the next listing down the street.
Median sale price for houses in Dromana is $920,000, down 4.9% from last year.
Median sale price for units in Dromana is $653,250, up 3.7% from last year.
Properties sold for houses in Dromana is 179, down 6.8% from last year.
Properties sold for units in Dromana is 30, up 0.0% from last year.
Auction clearance for houses in Dromana is 56.5%, up 29.2% from last year.
Auction clearance for units in Dromana is 50.0%, down 25.0% from last year.
Av days on market for houses in Dromana is 56, up 0.0% from last year.
Av days on market for units in Dromana is 86, up 75.5% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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