Back 5 Margo Street
Off Market

5 Margo Street

Dromana VIC 3936

3
2
4
557 m²
House
Last sold for $900,000
Steve EdmundSteve Edmund, last sold this property on 23 October 2024 after 34 days on market.

Overview

Brilliant Beachside Location - Walk to shops

Charming, sun-drenched residence boasting functional, flowing layout. 3 bedrooms, 2 bathrooms and spacious living/dining areas with soft neutral décor throughout and lovely bay windows to the front for abundant natural light. Whether you're looking for investment, a holiday escape or permanent home, it's perfectly located 800m walk to the clean, sandy beach, Dromana Hub Shopping Centre, restaurants, local amenities & primary school. Move in and relax, update gradually or maybe extend upwards for lovely hillside views (STCA). - Spacious L-shaped lounge & dining area, gas heating & RC/AC - Central kitchen/meals, quality appliances, pantry & breakfast bar - Large main bedroom, WIR & ensuite with lovely garden outlook - 2 good-sized bedrooms with BIRs, family bathroom includes bath - Laundry, separate toilet, storage, rear garden access & separate dog run - Sliding door from meals/family opens to ramp entrance & into back garden - Ample parking, double garage & carport, 2 storage sheds & water tank - Relax on the covered front porch enjoying the fenced native garden - 11 minutes walk to sandy beach, shops café's & primary school - Close to sports clubs, freeway access & all Peninsula attractions

Features

3 bedrooms
2 bathrooms
4 carspaces
2 carport spaces
2 garage spaces
557 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Dromana over the last 12 months, the estimated median property value of 5 Margo Street is $850k.

Median value
$850k
Estimated value range
$595k - $2.2m
Median days on market
34
Estimated value trend
-9%
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 5 Margo Street

2024
Sold
$900,000
23 Oct 2024 by Steve Edmund, of Belle Property Dromana/Rosebud

Happy sellers in Dromana

53%
53% 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 24 reviews in Dromana over the last 12 months.

Local market activity for 3 bedroom houses in Dromana

In the last 12 months, 71 three-bedroom houses similar to 5 Margo Street, have been sold.

This represents a 32% increase in three-bedroom houses sales when compared to the previous 12 months.

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