FOR SALE
$650,000 - $690,000

196A Princes Way
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Floor area: 135m2
Land area: 2051m2
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Development Opportunity

Don't miss this incredible development opportunity in the heart of Drouin. Situated on a generous 2040m2/2554m2 block, this property offers endless potential for those looking to build their dream project. With its prime location and ample space, the possibilities are truly endless.
Looking for a property with renovation potential? Look no further! This charming residential house is ready for a makeover. With 3 bedrooms, 1 bathroom, and a multiple car space, this home is the perfect canvas for those seeking to create their own unique living space. Bring your creative ideas and transform this property into your dream home.
Imagine the possibilities when you combine this property with the adjacent 2 Longwarry Road. With a combined land size of 2554m2, the potential for development is immense. Whether you're looking to subdivide, build multiple dwellings, or create a sprawling estate, this is your chance to make your vision a reality.
Don't miss out on this incredible opportunity. Contact us today to arrange a viewing and start exploring the potential of this amazing property.
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Property Details for 196a Princes Way, Drouin

196a Princes Way, Drouin is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 2051m2 and floor size of 135m2. The place is currently for sale with Coronis Hastings & Koo Wee rup.

Building Type
House
Floor Size
135m2
Land Size
2051m2

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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 9,273 properties. Over the last 5 years, Houses in Drouin have seen a 41.67% increase in median value, while Units have seen a 37.85% increase. As at 31 October 2024:

  • The median value for Houses in Drouin is $648,469 while the median value for Units is $425,725.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 171 properties listed for sale, and 20 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 461 properties were sold in the past 12 months in Drouin.

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Adam Schutz
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Charlie Cameron
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Coronis Hastings & Koo Wee rup
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