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280 Boundary Road, Dromana$1.33m
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280 Boundary Road

Dromana, VIC 3936, Australia
$1.27m – $1.40m
5 bed 3 bath 3 car815 m²

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About this property

3 bedroom house plus a 2 bedroom unit - Panoramic Views - Instant Rental Income Perfectly positioned moments from Boundary Road shops, Dromana's foreshore and the walking trails of Arthurs Seat State Park, this versatile property delivers an exceptional opportunity for multi-generational living, investment, or a live-in/earn-income arrangementall on one generous allotment of 815m2. The main residence captures sweeping views across Dromana Bay toward Mount Martha, offering a warm and inviting three-bedroom home designed around relaxed coastal living. The light-filled open-plan living and dining zone makes the most of its elevated aspect, flowing to a wraparound covered deck that frames the stunning panorama. A well-appointed kitchen serves as the heart of the home, while the bedrooms are all generously sized, including a main bedroom with ensuite. Downstairs, an enormous under-house storage area presents remarkable flexibilityready to become a studio, games or theatre room, additional accommodation, a home gym, workshop, or a dream project space. At the rear of the property sits a completely separate and fully self-contained two-bedroom unit, ideal for extended family, rental income, or holiday letting. Featuring polished timber floors, reverse-cycle heating/cooling, a functional kitchen with gas cooking and timber benchtops, built-in robes, a modern bathroom with integrated laundry, and a private deck off the master bedroom, it offers comfort and convenience while maintaining full independence from the main residence. Whether you're seeking to maximise rental returns (with both dwellings currently rentable immediately), create the perfect family compound, or explore future upgrades to capitalise on the views and location, this property presents unmatched versatility in a tightly held Dromana position. Conveniently close to: - Boundary Road local shops and cafés - Dromana Primary & Dromana Secondary College - Foreshore and beach via Mary Street - Arthurs Seat State Park walking trails - Freeway access for easy Peninsula and Melbourne connections A rare dual-occupancy offering with breathtaking outlooks and endless potentialthis is coastal living with options that truly grow with you.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
3
Land Area
815 m²
Listed
3 months ago

Repayment calculator

$6,460/month
$3,230 /fortnight
Loan $1,066,000 at 6.10% over 30 years

Upfront costs

Deposit$266,500
Stamp duty$73,288
Conveyancing (est.)$2,000
Total upfront$341,788
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Dromana

This 5-bedroom house in Dromana, VIC 3936 sits within reach of public transport, local shops and nearby schools. It is listed 54% above the $866,250 median of 66 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)1.3 km away
  • Dromana General Store671 m away
  • Unnamed158 m away
  • Unnamed319 m away
  • Unnamed379 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 5+ bed

$1.23mcurrent median

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