About 2 Nepean Highway
2 Nepean Highway is a 17 lot apartment building in Dromana, built in 2016. It is located within the Mornington Peninsula region and falls under Mornington Peninsula council.
Apartments at 2 Nepean Highway currently show a median estimated value of $1,399,000 and a median weekly rent of $800, compared with Dromana medians of $765,000 and $605 per week.
Valuation Performance vs. Dromana (3936)
Based on data we have available for this building and other apartment buildings in the area, the median unit value for 2 Nepean Highway is $1.4m, with a median rent of $800/wk and a median gross yield of 2.97%.
| Metric | 2 Nepean Highway | Suburb median | Suburb ranking |
|---|---|---|---|
| 1,2,3 Bedroom medians | Premium | Premium | Premium |
| Capital growth trends | Premium | Premium | Premium |
| Turnover analysis | Premium | Premium | Premium |
| Location risk | Premium | Premium | Premium |
AVM data is based on aggregated unit sales and rental activity. Estimates are modelled values - not formal valuations. Use as a guide only. Data updated January 2026.
Recent Sales & Rental Listings
| Sales | |
|---|---|
| Premium | Premium |
| Rentals | |
|---|---|
| Premium | Premium |
Research this building with a StrataLens Premium report: valuation insights, sales and rental history, and performance against the suburb.
Order a Premium reportMake this building smarter
Share useful information
Resident FAQs, building rules, useful contacts, building links and more.
Resident Messaging
Send announcements and updates to verified residents instantly.
Manage residents and data
Add or edit building residents and manage your public building page.
Building Location
Other buildings in Dromana VIC
From the Roost blog
-
National · RoostIntroducing StrataLens Apartment Building reportsStrataLens are Roost’s new premium building reports, giving potential apartment buyers and owners a clear, data-driven view of apartment building performance.Read article → -
NationalWhy Australian Apartments Don’t Appreciate Like HousesStrataLens are Roost’s new premium strata building reports, giving buyers and owners a clear, data-driven view of apartment performance. Compare value, rent, yield, activity and risk at a building level.Read article → -
National · RoostTop 10 risks to watch out for buying into a strata complexHere are the top ten risks buyers face when purchasing an apartment in a strata property in Australia, along with tips to mitigate each risk before buying.Read article → -
Explainers · NationalA quick intro to strata propertyA quick summary of key strata concepts for people thinking about buying or renting an apartment in an Owners Corporation.Read article →
Disclaimer: Roost is independently operated by Property UX Pty Ltd to provide apartment buyers and residents an easy way to access useful information, services and people. The site is not affiliated with any developer, management company or agent unless otherwise stated, and Property UX does not assert any rights to any building names or documentation. Property data and listings are third party supplied and while we make the best efforts to ensure accuracy, we make no warranty as to the accuracy, currency, or completeness of this information and data corrections can be made here. View our terms of use and privacy statement.