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Back 7/54 Kangerong Ave
Off Market

7/54 Kangerong Ave

Dromana VIC 3936

3
1
2
Townhouse
Last sold for $460,000
Jonathon McCoyJonathon McCoy, last sold this property on 03 July 2018 after 12 days on market.

Overview

Buy all 5 or buy just 1!!!

Opportunities like this don't come along very often, where you can buy 5 of 7 townhouses in one group, only 650 metres and an 8 minute walk to Point Nepean Road shops and beach. Townhouses 1, 2, 5 & 6 are all 3 bedrooms, 1 bathroom, large living / dining, laundry, upstairs balcony, good size back yards and single lock up garage, selling for $420,000 each. Townhouse 7 is the newest having been built in 2011 (approx.) it has all the features above but modern features plus including a large two way bathroom with the master, extra toilet, very big back yard and double lock up garage, selling for $460,000. All townhouses are currently tenanted with 1, 5, 6 & 7 on a month to month tenancy basis and townhouse 2 is on a lease until November 2018. Currently returning an average of 3.42% ROI for all 5. Townhouses 1, 2, 5 & 7 are all double storey and 6 is single storey. So do you need to add to your superannuation fund then buy up these as these have to be one of the cheapest and best returning townhouses in Dromana, the median price for a unit in Dromana in January 2018 was $565,643* (* Pricefinder). If you cant purchase all maybe buy 2 or more….??? Maybe you just want an affordable first home or a cost effective holiday home, no matter what you do with these townhouses you will not lose in the long term as they are beachside of the freeway in the fantastic suburb of Dromana. Call now to make an appointment to inspect.

Features

3 bedrooms
1 bathroom
2 carspaces
Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Dromana over the last 12 months, the estimated median property value of 7/54 Kangerong Ave is $910k.

Median value
$910k
Estimated value range
$745k - $1.95m
Median days on market
37
Estimated value trend
-8%
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 7/54 Kangerong Ave

2025
Rented
Undisclosed
Leased on 27 Nov 2025 by Harcourts Coast & Lifestyle
2025
Rented
Undisclosed
Leased on 26 Nov 2025 by Harcourts Coast & Lifestyle
2018
Sold
$460,000
03 Jul 2018 by Jonathon McCoy, of Stockdale & Leggo Dromana | Rosebud

Happy sellers in Dromana

51%
51% 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 22 reviews in Dromana over the last 12 months.

Local market activity for 3 bedroom townhouses in Dromana

In the last 12 months, 14 three-bedroom townhouses similar to 7/54 Kangerong Ave, have been sold.

This represents a 100% decrease in three-bedroom townhouses sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Dromana

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Steve Edmund

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

  •   4.9   (86 reviews)
  •  10 Reviews in Dromana
  •  5 Sales in Dromana
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Tracey Hedin

Tracey Hedin is a recommended agent for Dromana.  They have 10 local sales and collected 9 local reviews across the last 12 months.

  •   4.9   (67 reviews)
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  •  10 Sales in Dromana
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Adam Alexander

Adam Alexander is an award winning recommended agent for Dromana.  They have 9 local sales and collected 7 local reviews across the last 12 months.

  •   4.9   (526 reviews)
  •  7 Reviews in Dromana
  •  9 Sales in Dromana
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Jarrod Eastwood

Sellers who recommend Jarrod Eastwood have praised them for being clear communication, local expert, responsive, friendly, honest, pleasant and supportive

  •   4.8   (314 reviews)
  •  5 Reviews in Dromana
  •  9 Sales in Dromana
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