Back 38 Olympic Parade
Off Market

38 Olympic Parade

Dromana VIC 3936

5
2
2
717 m²
House
Last sold for $1,282,000
Rachael HolmanRachael Holman, last sold this property on 23 September 2026 after 525 days on market.

Overview

NEW PRICE! - $1,290,000 - $1,390,000

Welcome to a truly exceptional family home that blends luxury, comfort, and views of Port Phillip Bay and Arthurs Seat. This double storey brick residence features five spacious bedrooms plus a dedicated study, with walk-in robes and an ensuite off the master bedroom. Designed for both relaxed living and entertaining, the home boasts an alfresco dining area with electric blinds, allowing for seamless indoor-outdoor enjoyment all year round. Take a dip in the salt water chlorinated pool, framed by striking sleepers reclaimed from the historic Middle Brighton Baths, adding a touch of coastal charm and heritage. The home offers cleverly zoned living, including a central open-plan area where the kitchen, dining, and main living space come together. Movie nights are a treat in the private cinema room, while the upstairs rumpus room opens onto a balcony with stunning bay views. The heart of the home is a stylish kitchen, featuring stone benchtops, premium Blanco appliances, and a massive walk-in pantry perfect for the modern family. Comfort is key, with reverse cycle air conditioning, evaporative cooling and a cosy wood heater for year-round climate control. A 2.5 car lock-up garage with rear roller door, completes the picture, with potential to store an extra car or even a boat, plus the huge front parking area, provides space for the teenagers cars, making this property the perfect blend of coastal elegance and practical living for the extended family. All within an easy walk to the new Hillview Reserve Playground & Boundary Road shops.

Features

5 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
717 m² lot size
House

Estimated Value

Based on this property and similar 5 bedroom houses sold in Dromana over the last 12 months, the estimated median property value of 38 Olympic Parade is $1.2m.

Median value
$1.2m
Estimated value range
$923k - $1.89m
Median days on market
121
Estimated value trend
16%
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 38 Olympic Parade

2026
Sold
$1,282,000
23 Sep 2026 by Rachael Holman, of Hodges McGrath Rye

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 20 reviews in Dromana over the last 12 months.

Local market activity for 5 bedroom houses in Dromana

In the last 12 months, 7 five-bedroom houses similar to 38 Olympic Parade, have been sold.

This represents a 20% increase in five-bedroom houses sales when compared to the previous 12 months.

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