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.
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:
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