Dromana continues to anchor this stretch of the Peninsula, and it's exactly the kind of full coastal lifestyle buyers are most excited about right now, beach access, golf, wineries and genuine outdoor space all within reach. The median house price has eased to $920,000, while units have climbed 3.7 per cent to $653,250.
Buyers remain increasingly price sensitive, and days on market for units have stretched to 86, up 75.5 per cent, a sign that even in a desirable pocket, presentation and realistic pricing matter more than ever. Houses are more measured too, though clearance has improved sharply, up 29.2 per cent to 56.5 per cent.
With upgraders the dominant buyer type in the $700,000 to $1.2 million range, and both buyers and sellers making decisions more slowly than in past cycles, a longer, well-considered campaign is proving to be an asset here rather than a drawback.
Median sale price for houses in Dromana is $920,000, down 4.5% from last year.
Median sale price for units in Dromana is $640,000, up 0.0% from last year.
Properties sold for houses in Dromana is 178, down 4.8% from last year.
Properties sold for units in Dromana is 33, up 17.9% from last year.
Auction clearance for houses in Dromana is 57.8%, up 41.6% 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 90, up 100.0% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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