FOR SALE
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71 Lampard Road
Drouin VIC 3818

Bedrooms: 4
Bathrooms: 2
Car spaces: 4
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The Brief: Prime Investment and Development Opportunity in the Heart of Drouin!

Its Addressed:
Seize the opportunity to invest in a prime development site at 71 Lampard Road, perfectly suited for astute investors or developers. This expansive 993m² flat block offers a highly desirable location, just moments away from Drouin's essential amenities, including Bellbird Park, the train station, shopping precincts, Drouin Primary School, Drouin Secondary College, recreational reserves, Civic Park playground, The Royal Hotel, and more.
The existing weatherboard home is a charming, well-maintained residence featuring:
- Optional 4 bedrooms or 3 plus home office/study.
- 2 spacious living areas
- A modern kitchen with an adjoining dining space
- A decked veranda, perfect for entertaining, with views over the large backyard.
Additional Features Include:
- Convenient side access with ample off-street parking
- A large shed equipped with a concrete floor, lighting, and power, offering secure parking and storage.
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Property Details for 71 Lampard Rd, Drouin

71 Lampard Rd, Drouin is a 4 bedroom, 2 bathroom House with 4 parking spaces. The place is currently for sale with AREA SPECIALIST KEYSBOROUGH.

Building Type
House

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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 9,250 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 167 properties listed for sale, and 17 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 462 properties were sold in the past 12 months in Drouin.

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Sarah Mccallum
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AREA SPECIALIST KEYSBOROUGH
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