SOLD
Sold on 06 Mar 2024 for $2,369,222

155 Walton Road
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1210900m2
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Property Details for 155 Walton Rd, Drouin

Building Type
Commercial
Land Size
1210900m2
Local Government
Baw Baw
Lot/Plan
1/PS405542

Last Listing description (August 2024)

A rare opportunity to purchase a 300-acre holding close to Drouin which has been held by the same family for over 80 years. The farm is located in a high West Gippsland rainfall area. The 300 acres is in 6 tiles and has 2 homes, one of which needs major repairs or even the possibility to be knocked down. Shedding includes 2 x disused herringbone dairies, one of which has the floor concreted in and used as a shed, 2 x hay sheds, 2 x machinery sheds and smaller sundry shedding, and an excellent set of stockyards. Truck access is very good with room for B doubles to get in and out with ease. There is a permanent creek running through the property however the stock water is supplied by town water which could come in very handy if the property was to get a re-zone to residential down the track. Power is connected throughout the property. The farm has been let go a bit over the past few years because of ill health, but the land is top-notch and has a Northerly aspect. 6 titles give the new owner many options moving forward.

Property History for 155 Walton Rd, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$2,369,222
06 Mar 2024
  • 06 Mar 2024
    Sold for $2,369,222
  • 05 Dec 2023
    Listed for Sale $4,850,000 to $5,250,000
  • 28 May 2003
    Sold for $875,000

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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 9,290 properties. Over the last 5 years, Houses in Drouin have seen a 39.87% increase in median value, while Units have seen a 33.80% increase. As at 30 November 2024:

  • The median value for Houses in Drouin is $645,849 while the median value for Units is $417,020.
  • Houses have a median rent of $505 while Units have a median rent of $420.
There are currently 167 properties listed for sale, and 22 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 486 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.