13 Elizabeth Avenue

Off Market

13 Elizabeth Avenue

Dromana VIC 3936

0 m²

746 m²

House

Last sold for $770,000

Mark Rhodes, last sold this property on 14 September 2026 after 87 days on market.

Overview

Renovator’s Delight with Water Glimpses & Subdivision Potential

Positioned in the heart of Dromana, this 3 bedroom, 2 bathroom residence presents an exceptional opportunity for renovators or developers seeking value and future upside in a tightly held coastal pocket. Set on a generous allotment of approximately 746m², the property offers exciting potential for subdivision (STCA), making it an ideal proposition for those looking to capitalise on the growth of the Mornington Peninsula lifestyle market. Inside, the home features a functional and flexible floorplan with multiple living zones, well-proportioned bedrooms, and original character ready to be transformed. With some vision and renovation, this could become a stunning family residence or high-yield investment. Enjoy elevated aspects with glimpses of the water, adding lifestyle appeal and long-term value. Outdoors, the spacious block provides ample room for future redevelopment, landscaping, or extension options (STCA). Key Features: • 3 bedrooms, 2 bathrooms • Approx. 746m² allotment • Subdivision potential (STCA) • Water glimpses from the property • Renovator's delight with strong upside • Highly sought-after coastal location • Close to beaches, schools, shops, and lifestyle amenities • Whether you're looking to renovate, rebuild, or redevelop, this is a rare chance to secure a versatile property in one of the Peninsula's most in-demand locations. Opportunities like this don't last long - inspect and imagine the possibilities. Disclaimer: *The information contained herein has been prepared in good faith and is believed to be accurate at the time of publication. However, no representation or warranty is made as to its accuracy, completeness or reliability, and no responsibility is accepted for any errors, omissions or inaccuracies. Prospective purchasers are advised to make their own enquiries and undertake independent due diligence to satisfy themselves as to all relevant details, including dimensions, measurements, building size, floor plans, land details and zoning. **Photo ID is required at all Open Homes. View our complete privacy policy at: ypa.au/privacy

Features

3 bedrooms

2 bathrooms

0 m² floor area

746 m² lot size

House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dromana over the last 12 months, the estimated median property value of 13 Elizabeth Avenue is $840k.

Median value

$840k

Estimated value range

$595k - $2.2m

Median days on market

Estimated value trend

-8%

decrease over the last 12 months

Average days on market is based on recent, comparable sales in Dromana. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 13 Elizabeth Avenue

2026

Sold

$770,000

14 Sep 2026 by Mark Rhodes, of YPA Dromana

Happy sellers in Dromana

<50%

Less than 50% of sellers in Dromana reported that their sale price either exceeded or met their price expectations.

Dromana stands out as a desirable suburb for sellers, consistently delivering great customer service and strong market results for homeowners.

This is based on voluntary sentiment collected from 14 reviews in Dromana over the last 12 months.

Local market activity for 3 bedroom houses in Dromana

In the last 12 months, 61 three-bedroom houses similar to 13 Elizabeth Avenue, have been sold.

This represents a 40% increase in three-bedroom houses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Dromana for a free market appraisal.

Najee Charkas

at Belle Property Dromana/Rosebud

4.9

(82 reviews)

Get a free market appraisal

Tracey Hedin

at YPA Dromana

4.9

(71 reviews)

Get a free market appraisal

Jarrod Eastwood

at Belle Property Dromana/Rosebud

4.8

(316 reviews)

Get a free market appraisal

Mark Rhodes

at YPA Dromana

(21 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Dromana

Najee Charkas

Sellers who recommend Najee Charkas have praised them for being clear communication, responsive, local expert, friendly, supportive, well-prepared and honest

4.9 (82 reviews)
9 Reviews in Dromana
13 Sales in Dromana

View profile

Tracey Hedin

Tracey Hedin is a recommended agent for Dromana. They have 9 local sales and collected 9 local reviews across the last 12 months.

4.9 (71 reviews)
9 Reviews in Dromana
9 Sales in Dromana

View profile

Jarrod Eastwood

Sellers who recommend Jarrod Eastwood have praised them for being clear communication, local expert, responsive, friendly, honest, pleasant and supportive