20 Verdon Street

Off Market

20 Verdon Street

Dromana VIC 3936

670 m²

Land

Last sold for $1,035,000

Elke Remscheid, last sold this property on 29 August 2025 after 22 days on market.

Overview

AUCTION THIS SATURDAY

PRIME CORNER ALLOTMENT approx. 450 m TO THE BEACH just 450 m (approx.) from the sparkling shores of Port Phillip Bay, this exceptional corner block offers a rare opportunity to secure your place in one of Dromana's most tightly held and prestigious pockets – affectionately known by locals as “Old Dromana” or the Dress Circle of Dromana. With a generous land size of approximately 670 m², the block is surrounded by established trees and leafy streets that create an atmosphere of peace and tranquillity, yet it remains just moments from everything you need. Stroll a mere 5 minutes to nearest coffee shop and the local convenience store. A leisurely walk also brings you to Dromana's vibrant retail precinct, where you will find shops &, restaurants, more coffee shops etc. Public transport and the Dromana Primary School are also within easy walking distance, and nearby parks and the scenic Bay Trail offer endless leisure options. This sought after neighbourhood is home to residences valued well over $2,000,000, reflecting the premium nature of the location and the quality of homes in the area. Whether you dream of creating your own luxury holiday haven or building your forever home, this allotment offers the perfect foundation to bring your vision to life. For builders and developers, the corner position also presents an excellent potential for subdivision (STCA) to construct two high end townhouses. Disclaimer: All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice.

Features

670 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 20 Verdon Street is $775k.

Median value

$775k

Estimated value range

$360k - $1.38m

Median days on market

Estimated value trend

15%

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 20 Verdon Street

2025

Sold

$1,035,000

29 Aug 2025 by Elke Remscheid, of YPA Dromana

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, 17 land plots similar to 20 Verdon Street, have been sold.

This represents a 114% decrease in land plots 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.

Steve Edmund

at Belle Property Dromana/Rosebud

4.9

(86 reviews)

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Adam Alexander

4.9

(524 reviews)

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Tracey Hedin

at YPA Dromana

4.9

(64 reviews)

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Elke Remscheid

at YPA Dromana

4.9

(76 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

Steve Edmund

Sellers who recommend Steve Edmund have praised them for being clear communication, responsive, honest, reliable, local expert, friendly and supportive