About 57 Pier Street
57 Pier Street is a 17 lot apartment building in Dromana, built in 2010. It is located within the Mornington Peninsula region and falls under Mornington Peninsula council.
Apartments at 57 Pier Street currently show a median estimated value of $733,044 and a median weekly rent of $525, 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 57 Pier Street is $733k, with a median rent of $525/wk and a median gross yield of 3.72%.
| Metric | 57 Pier Street | 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 |
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Building Location
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From the Roost blog
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