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38 Olympic Parade, Dromana$1.36m
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For Salehouse

38 Olympic Parade

Dromana, VIC 3936, Australia
$1.30m – $1.43m
5 bed 2 bath 2 car717 m²

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About this property

Welcome to a truly exceptional family home that blends luxury, comfort, and views of Port Phillip Bay and Arthurs Seat. This double storey brick residence features five spacious bedrooms plus a dedicated study, with walk-in robes and an ensuite off the master bedroom. Designed for both relaxed living and entertaining, the home boasts an alfresco dining area with electric blinds, allowing for seamless indoor-outdoor enjoyment all year round. Take a dip in the salt water chlorinated pool, framed by striking sleepers reclaimed from the historic Middle Brighton Baths, adding a touch of coastal charm and heritage. The home offers cleverly zoned living, including a central open-plan area where the kitchen, dining, and main living space come together. Movie nights are a treat in the private cinema room, while the upstairs rumpus room opens onto a balcony with stunning bay views. The heart of the home is a stylish kitchen, featuring stone benchtops, premium Blanco appliances, and a massive walk-in pantry perfect for the modern family. Comfort is key, with reverse cycle air conditioning, evaporative cooling and a cosy wood heater for year-round climate control. A 2.5 car lock-up garage with rear roller door, completes the picture, with potential to store an extra car or even a boat, plus the huge front parking area, provides space for the teenagers cars, making this property the perfect blend of coastal elegance and practical living for the extended family. All within an easy walk to the new Hillview Reserve Playground & Boundary Road shops.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
2
Parking
2
Land Area
717 m²
Listed
3 months ago

Repayment calculator

$6,617/month
$3,309 /fortnight
Loan $1,092,000 at 6.10% over 30 years

Upfront costs

Deposit$273,000
Stamp duty$75,075
Conveyancing (est.)$2,000
Total upfront$350,075
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 65% above the $827,500 median of 65 comparable houseswithin 5 km.

Schools near Dromana

  • Dromana Primary Schoolprimary · Prep-6 · CoEd
  • Dromana Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Nepean Highway/Dromana Parade (bus)1.4 km away
  • Dromana General Store463 m away
  • Unnamed372 m away
  • Unnamed410 m away
  • Unnamed456 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

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Dromana price trend

Median sold · House 5+ bed

$1.23mcurrent median

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1 price change recorded for this property

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