FOR SALE
$500,000 - $550,000

60 Longwarry Road
Drouin VIC 3818

Bedrooms: -
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Land area: 1112m2
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Prime Development Opportunity

Positioned in the heart of Drouin’s thriving residential growth corridor, this expansive block offers a unique opportunity for developers and investors alike. With the potential to develop up to 4 units (STCA), the cleared site is ready to be transformed into a high-return investment.
Located just minutes from the Drouin town center, this property benefits from its proximity to key amenities, including schools, shops, public transport, and medical facilities. Drouin itself is part of the fast-growing West Gippsland region, known for its charming rural atmosphere, yet offering easy access to Melbourne via the Princes Freeway.
The town has experienced significant development in recent years, attracting families, retirees, and investors looking for an affordable alternative to inner-city living. This makes 60 Longwarry Road the perfect place for a new residential project in a market with strong demand for modern homes.
With ample space for parking and outdoor living, this site can be the foundation for high-quality, desirable homes in a community-focused environment. The block’s potential to accommodate multiple units ensures a great return on investment for the savvy developer.
Don’t miss your chance to secure this rare development opportunity in a booming regional town!

Property Details for 60 Longwarry Rd, Drouin

Building Type
Land
Land Size
1112m2

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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 9,247 properties. Over the last 5 years, Houses in Drouin have seen a 47.14% increase in median value, while Units have seen a 33.29% increase. As at 30 September 2024:

  • The median value for Houses in Drouin is $655,632 while the median value for Units is $424,561.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 156 properties listed for sale, and 16 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 455 properties were sold in the past 12 months in Drouin.

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