Back 29 Rainier Avenue
Off Market

29 Rainier Avenue

Dromana VIC 3936

781 m²
Land
Last sold for $640,000
Mark RhodesMark Rhodes, last sold this property on 01 February 2026 after 41 days on market.

Overview

Perfect Opportunity to Build your Dream Home.

A great opportunity property with land size of 781 m², providing a ready to build block located within close proximity to the freeway and Dromana's town amenities. This parcel of land offers the perfect opportunity to build your dream home and also may be of interest to the builder-developer with the potential for subdivision (STCA). Situated in the peaceful, family-friendly heart of Dromana, there is endless opportunity with this land mixing an ideal blend of seaside serenity and everyday convenience. Making it ideal for families in a cozy spot, while there is also a number of bars and restaurants just around the corner and at your fingertips. A nearby footbridge provides an easily accessible walking distance from the buzzing foreshore of pristine McCrae beach. Opportunities of this size and readiness are becoming increasingly rare, making this block a standout choice for buyers looking to secure land in a highly sought-after location on the Mornington Peninsula.

Features

781 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 29 Rainier 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 29 Rainier Avenue

2026
Sold
$640,000
Private Sale/Treaty on 01 Feb 2026 by Mark Rhodes, of Barry Plant 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, 9 land plots similar to 29 Rainier Avenue, have been sold.

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

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