FOR SALE
EXPRESSION OF INTEREST BY THE 17 of SEPTEMBER 2024

18 Main Neerim Road
Drouin VIC 3818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 8928m2
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Charming Multi-Use Property with Development Potential in Drouin

Welcome to Wattlebird, this charming property set on approximately 8928m² (approx.) of General Residential Zone 1 land, with two separate titles.
This unique property presents a world of possibilities, whether you envision operating a Day Care Centre, Aged Care Facility, Unit or Townhouse development, Land development (STCA), or even an Airbnb or horticultural business.
Main Residence:
• Bedrooms: 3 spacious bedrooms.
• Bathrooms: fully equipped central bathroom.
• Living Areas: Multiple living areas, including an office, formal lounge, and family living and dining rooms.
• Kitchen: Open plan kitchen equipped with essential appliances and plenty of space.
• Outdoor Area: A beautiful wrap-around verandah provides a perfect spot to relax and enjoy the lush gardens.
Additional Features:
• Workshop: Includes a separate studio/one bedroom, kitchenette, laundry, and bathroom.
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Property Details for 18 Main Neerim Rd, Drouin

18 Main Neerim Rd, Drouin is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 8928m2. The place is currently for sale with Candappa First National Real Estate.

Building Type
House
Land Size
8928m2

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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4% of total area. The population of Drouin in 2011 was 9,685 people. By 2016 the population was 12,348 showing a population growth of 27.5% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation. In 2011, 72.9% of the homes in Drouin were owner-occupied compared with 71.7% in 2016.

Drouin has 9,265 properties. Over the last 5 years, Houses in Drouin have seen a 39.88% increase in median value, while Units have seen a 31.09% increase. As at 31 July 2024:

  • The median value for Houses in Drouin is $644,939 while the median value for Units is $416,281.
  • Houses have a median rent of $493 while Units have a median rent of $415.
There are currently 156 properties listed for sale, and 8 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 458 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Shane Candappa
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Candappa First National Real Estate
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.