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Sold on 17 Oct 2023 for $640,000

227 Princes Way
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 940m2
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Property Details for 227 Princes Way, Drouin

227 Princes Way, Drouin is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 940m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Drouin in the last 12 months.

Building Type
House
Land Size
940m2
Local Government
Baw Baw
Lot/Plan
1/TP243804

Last Listing description (October 2023)

Enjoying a high level of privacy behind a brick pillar fence and automatic sliding gate is this desirable 3-bedroom brick veneer home on a very spacious 940m2 allotment. Boasting a convenient inner-town address, this property is a short walk from the heart of the Drouin township and in close proximity to milk bar and service station. Currently leased until November 2023, this offering will suit investors and owner occupiers. With a fully renovated interior, the home features polished hardwood flooring and gas ducted heating throughout, a spacious formal lounge with split system cooling, modern kitchen with stone benches and d/w, large rear decked entertaining area, single car garage and enclosed rear yard. With rapid property growth within Drouin and surrounds, it is increasingly difficult to find such large and flat residential lots like this so close to town with future subdivisional potential (STCA). Don't wait to book your inspection!

Property History for 227 Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$640,000
17 Oct 2023
Listed for Rent
$480/w
10 Nov 2022
  • 04 Oct 2023
    Sold for $640,000
  • 12 Oct 2022
    Listed for Rent $480 / week
  • 11 Mar 2020
    Sold for $477,500
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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 9,265 properties. Over the last 5 years, Houses in Drouin have seen a 39.88% increase in median value, while Units have seen a 31.09% increase. As at 31 July 2024:

  • The median value for Houses in Drouin is $644,939 while the median value for Units is $416,281.
  • Houses have a median rent of $493 while Units have a median rent of $415.
There are currently 156 properties listed for sale, and 8 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 456 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Contact agent
Daniel Sheehan
Show contact details
OBrien Real Estate Clark
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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.