OFF MARKET

1/9 Armstrong Avenue
Drouin VIC 3818

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Floor area: 31m2
Land area: 60m2
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Last updated 11 Nov 2024
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Property Details for 1/9 Armstrong Ave, Drouin

1/9 Armstrong Ave, Drouin is a 4 bedroom, 3 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 60m2 and floor size of 31m2. While the property is not currently for sale or for rent, it was last sold in February 2013.

Building Type
Unit
Year Built
1975
Floor Size
31m2
Land Size
60m2
Local Government
Baw Baw
Lot/Plan
1/RP6539

Last Listing description (March 2014)

Get In On The Ground Floor Here! **Under Contract**
A very unique opportunity exists here to invest in bricks and mortar at a very affordable price. This superb, well maintained, one bedroom unit in a block of three with carport, is situated in a sought after location close to town. Currently rented to an excellent tenant at $155 per week, it is an ideal investment with good return. The block is approx 970m2 (just under 1/4 acre). The gardens are pretty and easy care. One other unit in this block is also available for purchase. Put your money to work here. Call Pauline Soutar on 0408 354 403 for more information on this great little investment opportunity.

Property History for 1/9 Armstrong Ave, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$116,000
21 Feb 2013
Listed for Rent
$155/w
11 May 2013
  • 19 Mar 2013
    Listed for Rent - Price not available
  • 21 Feb 2013
    Sold for $116,000
  • 18 Feb 2013
    Listed for Sale PRICE BY NEGOTIATION $130,000 - $139,000
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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 9,272 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 164 properties listed for sale, and 20 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 467 properties were sold in the past 12 months in Drouin.

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