13 Elizabeth Avenue
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About this property
Positioned in the heart of Dromana, this 3 bedroom, 2 bathroom residence presents an exceptional opportunity for renovators or developers seeking value and future upside in a tightly held coastal pocket. Set on a generous allotment of approximately 746m², the property offers exciting potential for subdivision (STCA), making it an ideal proposition for those looking to capitalise on the growth of the Mornington Peninsula lifestyle market. Inside, the home features a functional and flexible floorplan with multiple living zones, well-proportioned bedrooms, and original character ready to be transformed. With some vision and renovation, this could become a stunning family residence or high-yield investment. Enjoy elevated aspects with glimpses of the water, adding lifestyle appeal and long-term value. Outdoors, the spacious block provides ample room for future redevelopment, landscaping, or extension options (STCA). Key Features: 3 bedrooms, 2 bathrooms Approx. 746m² allotment Subdivision potential (STCA) Water glimpses from the property Renovator's delight with strong upside Highly sought-after coastal location Close to beaches, schools, shops, and lifestyle amenities Whether you're looking to renovate, rebuild, or redevelop, this is a rare chance to secure a versatile property in one of the Peninsula's most in-demand locations. Opportunities like this don't last long - inspect and imagine the possibilities. 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
Property Details
- Property Type
- house
- Listing Type
- For Sale
- Bedrooms
- 3
- Bathrooms
- 2
- Land Area
- 746 m²
- Listed
- 3 weeks ago
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Neighbourhood
Living in Dromana
This 3-bedroom house in Dromana, VIC 3936 sits within reach of public transport, local shops and nearby schools. It is listed 10% below the $898,000 median of 64 comparable houseswithin 5 km.
Schools near Dromana
- Dromana Primary Schoolprimary · Prep-6 · CoEd
- Dromana Secondary Collegesecondary · 7-12 · CoEd
What's nearby
- Gibson St/Odonohue St (bus) — 963 m away
- Lions Op Shop Dromana — 865 m away
- Unnamed — 106 m away
- Unnamed — 243 m away
- Unnamed — 398 m away
Dromana at a glance
Full suburb profile- Population
- 6,626
- Median age
- 50
- Household income
- $1,304/wk
- Median rent
- $380/wk
- Median mortgage
- $1,781/mo
Source: ABS Census.
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Suburb market
Suburb price trend
Dromana price trend
Median sold · House 3 bed
Compound growth -1.5% / yr over 4 yrs
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Full Dromana marketThis listing
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Price history
Listing price changes
1 price change recorded for this property
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