Back 15 Lugano Avenue
Off Market

15 Lugano Avenue

Dromana VIC 3936

717 m²
Land
Andrew CookAndrew Cook, last sold this property on 17 November 2025 after 1214 days on market.

Overview

A blank canvas in a central location

Set in an ultra-convenient location close to the Dromana Drive-in, sparkling foreshore, strip shopping, micro-breweries, wineries and the popular OT nature reserve with bushland walking trails and mountain bike tracks, is this ideal, level allotment of approximately 717 sqm. With a desirable north facing rear orientation, this rare land offers an opportunity for a new home build or multi-dwelling redevelopment (STCA).

Features

717 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Dromana over the last 12 months, the estimated median property value of 15 Lugano Avenue is $760k.

Median value
$760k
Estimated value range
$570k - $1.35m
Median days on market
49
Estimated value trend
21%
increase 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 15 Lugano Avenue

2025
Sold
Undisclosed
Private Sale/Treaty on 17 Nov 2025 by Andrew Cook, of Jellis Craig Sorrento

Happy sellers in Dromana

67%
67% of sellers in Dromana reported that their sale price either exceeded or met their price expectations.

Dromana stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 29 reviews in Dromana over the last 12 months.

Local market activity for land plots in Dromana

In the last 12 months, 9 land plots similar to 15 Lugano Avenue, have been sold.

This represents a 40% decrease in land plots sales when compared to the previous 12 months.

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