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26 Hillside Avenue, Dromana VIC 3936

$840,000 - $860,000

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$840k - $882k Transparent Transparent Listing Based on an openly advertised listing price.

House 3 Beds 1 Bath 1 Car 1009 m²

Listed: 21 days ago

Updated: 3 hours ago

Overview

Set in a coveted coastal locale, this 1950's residence at 26 Hillside Avenue offers a spacious 1,009 m² parcel of land providing an exceptional foundation for transformation. The property's generous dimensions afford scope for extensive renovation or complete redevelopment, making it an enticing prospect for those seeking to craft a bespoke family haven or coastal retreat.

Its potential is amplified by the possibility of a second-storey addition, which could unveil elevated water views across Port Phillip Bay, thereby enhancing both the aesthetic appeal and value of the home. The expansive backyard presents an inviting canvas to cultivate outdoor living, whether through the addition of a swimming pool, an alfresco dining space, or landscaped gardens, while maintaining ample room for children and pets to enjoy.

Conveniently positioned near the vibrant Dromana foodie strip and the serene foreshore, residents can indulge in leisurely coastal activities and dining experiences. Arthurs Seat's scenic offerings and easy freeway access further complement a lifestyle balancing tranquility with connectivity. This property is well-suited for buyers with a vision for potential and a desire for a coastal lifestyle in one of the Mornington Peninsula’s most accessible and sought-after areas.

Local Market Insights

In Dromana, Quiet Listings observed 36 new houses entering the market over the last 30 days, up from 28 during the previous 30-day period, with an average advertised asking price of $1,475,681. The property type mix of listed properties is predominantly Houses at 72%, followed by units (10%), and land (8%). The most active agency for houses in the Dromana area is currently Belle Property, representing 25% of new listings, followed by Your Property Agent with 17%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.