23 Caldwell Road
Dromana, 3936 VIC
House on a 849 m² block with 46m frontage.
Property Snapshot
House4 Bed2 Bath2 Off Street849 m² Land118 m² Internal46m Frontage
Investment Highlights
What makes 23 Caldwell Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
849 m²
Frontage
46m
Zoning
GRZ1
Residential - Medium Density
Why Buyers Look At This One
Renovate upside — modest 118 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 1.5km to bus, 15km to train station and 4.8km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
2 off-street
Internal Area
118 m²
Ownership & Value
Last Sold$965k
Sold DateMar 2026
Land Value—
RPD19\LP54188
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Corner LotWide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
Auto Estimate
$965k
Confidence: VeryHigh
4 Bed Median
$1.20M
Growth Since 2026
—
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$750
4 Bed Yield
3.2%
Vacancy
1.3%
Rentals Last 12M
12
Suburb 4 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: BPA - Bushfire Prone Area. Heritage: No heritage known in this area. Biodiversity: VPO - VEGETATION PROTECTION OVERLAY - SCHEDULE 1.
Location & Connectivity
Access to transport, schools and local amenity around 23 Caldwell Road.
Train Station
15km
Bus Stop
1.5km
Schools
4.8km
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.
Dromana 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
