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Back 91 Palmerston Ave
Off Market

91 Palmerston Ave

Dromana VIC 3936

4
2
1
0 sq.
604 m²
House
Last sold for $680,000
Elke RemscheidElke Remscheid, last sold this property on 28 April 2026 after 63 days on market.

Overview

FLEXIBLE DUAL LIVING WITH INCOME, LIFESTYLE & FUTURE POTENTIAL

Set on approximately 604 m² of established, private gardens, this versatile property presents an outstanding opportunity for families, investors or those seeking dual-occupancy flexibility in a prime beachside pocket. With a well-proportioned three-bedroom residence at the front and a fully self-contained bungalow at the rear, the options here are as appealing as the location itself. • Approx. 604 m² allotment with established gardens providing privacy MAIN HOUSE: • Main residence comprising three generous bedrooms, all with built in robes • Multiple living areas offering flexibility for growing families or work from home arrangements • Spacious kitchen with excellent bench space and a large separate walk-in pantry • Modernised central family bathroom servicing the main home • Front and side decks, accessible from both living zones, creating seamless indoor-outdoor flow • Split system heating & cooling plus Coonara wood heater in the main living area • Ceiling fans in the bedrooms • Solar system THE REAR BUNGALOW OFFERS IDEAL INDEPENDENT ACCOMMODATION: • Generous living area and kitchen • Separate bedroom with built in robe • Ensuite bathroom • Beautiful north facing porch capturing natural light • Currently returning $1,434 per month LOCATION: • Easy walking distance to Mary Street and the school bus stop • Leisurely stroll to the beach and the Dromana retail strip • Close to the Boundary Road shopping strip • Near Hillside Community Park with access to the hiking- and BMX trails within Arthurs Seat State Park POTENTIAL: • Live in the front home while receiving rental income of currently $1,434 per month from the rear bungalow • Improve and add value to the main residence • Explore full site redevelopment potential STCA • Flexible dual occupancy opportunity in a highly convenient Dromana location • Lease both dwellings – estimated current rental return of approximately $520 per week for the front home plus $1,434 per month for the bungalow. This equates to a possible combined rental return of approximately $44,248 per annum including outgoings. INSPECT AS ADVERTISED OR BY APPOINTMENT Disclaimer: *All measurements are approximate. All information provided is deemed reliable but not guaranteed. Buyers are advised to conduct their own due diligence and seek independent professional advice. **Photo ID is required at all Open Homes. View our complete privacy policy at: ypa.au/privacy

Features

4 bedrooms
2 bathrooms
1 carspace
1 carport space
0 sq. floor area
604 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Dromana over the last 12 months, the estimated median property value of 91 Palmerston Ave is $1.18m.

Median value
$1.18m
Estimated value range
$680k - $2.8m
Median days on market
46
Estimated value trend
3%
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 91 Palmerston Ave

2026
Sold
$680,000
28 Apr 2026 by Elke Remscheid, of YPA Dromana
2023
Rented
Undisclosed
Leased on 23 Oct 2023 by YPA Dromana
2022
Rented
Undisclosed
Leased on 23 Feb 2022 by Flynn & Co Real Estate

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 4 bedroom houses in Dromana

In the last 12 months, 42 four-bedroom houses similar to 91 Palmerston Ave, have been sold.

This represents a 25% increase in four-bedroom houses 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)
  •  12 Reviews in Dromana
  •  11 Sales in Dromana
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Adam Alexander

Adam Alexander is an award winning recommended agent for Dromana.  They have 13 local sales and collected 13 local reviews across the last 12 months.

  •   4.9   (524 reviews)
  •  13 Reviews in Dromana
  •  13 Sales in Dromana
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Tracey Hedin

Tracey Hedin is a recommended agent for Dromana.  They have 10 local sales and collected 8 local reviews across the last 12 months.

  •   4.9   (64 reviews)
  •  8 Reviews in Dromana
  •  10 Sales in Dromana
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Elke Remscheid

Elke Remscheid is a recommended agent for Dromana.  They have 23 local sales and collected 4 local reviews across the last 12 months.

  •   4.9   (76 reviews)
  •  4 Reviews in Dromana
  •  23 Sales in Dromana
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