73 Palmerston Avenue
Dromana, 3936 VIC
1985 house on a 604 m² block with 15m frontage.
Property Snapshot
1985House3 Bed1 Bath1 Off Street604 m² Land88 m² Internal15m Frontage
Investment Highlights
What makes 73 Palmerston Avenue compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
604 m²
Frontage
15m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1985 house on a 604 m² block and a 15m frontage.
Renovate upside — modest 88 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 752m to bus, 13km to train station and 3.2km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
1 off-street
Internal Area
88 m²
Ownership & Value
Last Sold$710k
Sold DateApr 2026
Land Value—
RPD26\LP21130
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$906k
Growth Since 2026
—
Price Estimate
—Low
$710k
—High
VeryHigh Confidence
—
Since last sold — $710,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$630
3 Bed Yield
3.6%
Vacancy
1.3%
Rentals Last 12M
12
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: No bushfire known in this area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 73 Palmerston Avenue.
Train Station
13km
Bus Stop
752m
Schools
3.2km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
1.5%Train Station
13kmBus Stop
752mCentre Zone
844mRoad Type
residential (Low Noise)School Catchment
3.2kmDromana Snapshot
Broader suburb metrics that support the local story.
Population
6,626
Owner Occupiers
71%
Social Housing
1.5%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Dromana in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
