21 Graeme Street

Off Market

21 Graeme Street

Dromana VIC 3936

688 m²

Land

Last sold for $825,000

Liam Mangan, last sold this property on 21 October 2026 after 163 days on market.

Overview

Prime Coastal Allotment with Endless Potential

Perfectly positioned in a sought-after Dromana pocket, this exceptional 688m² (approx.) flat allotment presents a rare opportunity to secure a premium parcel of land just moments from the beach. Boasting an impressive frontage of approximately 15.85 metres and a depth of approximately 43.42 metres, the block provides excellent proportions for those looking to build a substantial coastal residence or explore future development potential (STCA). Located approximately 600 metres from the foreshore, this prime parcel offers the ideal balance of lifestyle and convenience. Enjoy easy access to Dromana's shopping precinct, local cafés, restaurants, parks and everyday amenities, while the walking trails of Arthurs Seat and the renowned wineries of the Mornington Peninsula are all close by. With flat, usable land and generous dimensions in an increasingly tightly held area, this is a superb opportunity for builders, developers, investors or families looking to create their dream Peninsula home. Whether you're seeking a premium land holding, a future development site (STCA), or the perfect place to build by the coast, opportunities of this calibre are becoming increasingly hard to secure.

Features

688 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 21 Graeme Street is $750k.

Median value

$750k

Estimated value range

$360k - $1.38m

Median days on market

Estimated value trend

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 21 Graeme Street

2026

Sold

$825,000

21 Oct 2026 by Liam Mangan, of Bennetts Real Estate

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 land plots in Dromana

In the last 12 months, 15 land plots similar to 21 Graeme Street, have been sold.

This represents a 8% increase 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.

Najee Charkas

at Belle Property Dromana/Rosebud

4.9

(82 reviews)

Get a free market appraisal

Tracey Hedin

at YPA Dromana

4.9

(70 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

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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 (70 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