114 Longwarry RoadDrouin VIC 3818
Property Details for 114 Longwarry Rd, Drouin
114 Longwarry Rd, Drouin is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 2008. The property has a land size of 893m2 and floor size of 118m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (May 2023)
Price & Co. Real Estate is proud to present this exciting investment opportunity, which is situated on a substantial 893m2 allotment. An excellent tenant is currently in place making this family home an ideal addition to an investment portfolio or alternatively a great place to call home once the lease expires. The residence consists of
- 3 generous bedrooms
- Main with ensuite and walk-in robe
- Spacious designer kitchen with adjacent meals area
- Central bathroom
- Ducted heating & reverse cycle air conditioning
- Superb outdoor alfresco area
- Large private rear yard
Oversized remote garage with rear roller door access
- 9 x 6m colourbond shed
- Current rental return of $401 per week with the lease expiring in July 2023
Drouin is an excellent place to invest, with the median house price for 3-bedroom homes increasing by 23.1% in the previous 12 months & strong rental demand with a vacancy rate of just 0.66%.
Disclaimer: The information contained in this website has been prepared by eXp Australia Pty Ltd ("the Company") and/or an agent of the Company. The Company has used its best efforts to verify and ensure the accuracy of, the information contained herein. The Company accepts no responsibility or liability for any errors, inaccuracies, omissions, or mistakes present on this website. Prospective buyers are advised to conduct their own investigations and make the relevant enquiries required to verify the information contained on this website.
Due Diligence Checklist https://www.consumer.vic.gov.au/duediligencechecklist
Property History for 114 Longwarry Rd, Drouin, VIC 3818
- 27 Feb 2023Listed for Sale $525,000 - $550,000
- 25 Jan 2023Listed for Sale $525,000 - $550,000
- 31 Oct 2022Sold for $517,500
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0About 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.
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