OFF MARKET

2/275A Princes Way
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 130m2
Land area: 342m2
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Last updated 28 Oct 2024
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Property Details for 2/275a Princes Way, Drouin

2/275a Princes Way, Drouin is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 342m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in December 2022.

Building Type
Townhouse
Year Built
2014
Floor Size
130m2
Land Size
342m2
Local Government
Baw Baw
Lot/Plan
1/PS743893

Last Listing description (February 2023)

Conveniently located to parkland, public transport or even a short walk into town, this well-presented townhouse, being one of only two in the development is the ideal investment if you are seeking low maintenance easy living.
Featuring 3 bedrooms all with built in robes & ensuite to main, open plan living/dining, large modern kitchen with stone bench tops & stainless steel appliances and beautiful floating timber floors.
The north facing living area ensures making the most of available sunlight and leads into a covered alfresco which overlooks the private back yard. Other features include a lock up garage, ducted gas heating and evaporative cooling.

Currently returning $410 per week to a quality tenant who ideally would like to stay on or vacant possession could be possible after June 2023 if required. NOTE: Adjoining townhouse also available if required vacant possession will be available earlier after March 2023.

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Property History for 2/275a Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$490,000
20 Dec 2022
Listed for Rent
$410/w
02 May 2022
  • 12 Jan 2023
    Listed for Sale $490,000
  • 20 Dec 2022
    Sold for $490,000
  • 11 Jul 2019
    Listed for Rent - Price not available
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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 9,247 properties. Over the last 5 years, Houses in Drouin have seen a 47.14% increase in median value, while Units have seen a 33.29% increase. As at 30 September 2024:

  • The median value for Houses in Drouin is $655,632 while the median value for Units is $424,561.
  • Houses have a median rent of $500 while Units have a median rent of $420.
There are currently 156 properties listed for sale, and 16 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 451 properties were sold in the past 12 months in Drouin.

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