OFF MARKET

14 Armstrong Avenue
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 110m2
Land area: 729m2
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Last updated 11 Nov 2024
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Property Details for 14 Armstrong Ave, Drouin

14 Armstrong Ave, Drouin is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 729m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in August 2022.

Building Type
House
Year Built
1950
Floor Size
110m2
Land Size
729m2
Local Government
Baw Baw
Lot/Plan
5/LP29208

Last Listing description (December 2022)

Located on the fringe of Drouin's inner town and within walking distance to parkland, sporting reserves, supermarkets, and the CBD, this opportunity is ideal for developers or keen renovators with a vision of transforming this tired property into something full of life. Situated on a generous 729m2 allotment the existing home comprises 3 bedrooms, 1 bathroom, lounge room, and a shared dining/kitchen zone. Additional features include timber flooring, ducted heating, a split system air conditioner, an elongated carport, and a detached single-car garage.
For those willing to roll up their sleeves, opportunity knocks. A promising investment for the future indeed.

Property History for 14 Armstrong Ave, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$385,000
19 Aug 2022
Listed for Rent
$260/w
22 Jan 2018
  • 19 Aug 2022
    Sold for $385,000
  • 04 Jul 2022
    Listed for Sale $385,000 - $415,000
  • 18 Feb 2022
    Sold for $355,500
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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 9,266 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 157 properties listed for sale, and 22 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 459 properties were sold in the past 12 months in Drouin.

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