SOLD
Sold on 06 May 2024 for $235,000

3/234 Princes Way
Drouin VIC 3818

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 88m2
Land area: 113m2
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Property Details for 3/234 Princes Way, Drouin

3/234 Princes Way, Drouin is a 2 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 113m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Drouin in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
88m2
Land Size
113m2
Local Government
Baw Baw
Lot/Plan
3/PS346513

Last Listing description (June 2024)

3/234 Princes Way is conveniently located within walking distance of all Drouin amenities and V/Line Station. The quiet complex features a large concrete driveway with designated car parking. In addition to two great-sized bedrooms with built-in robes, the property offers a spacious living room, a U-shaped kitchen, and a separate bathroom with a combined large laundry.

This excellent opportunity would make a profitable asset to your rental portfolio or a beaut project for any investor. Drouin offers a wide range of retail and recreational facilities, delicious eateries, and several well-known and reputable schools and is only an hour from Melbourne.

Features include:

- Split system heating and cooling
- Quality appliances
- Designated courtyard
- Enclosed veranda
-
Inspections are easily arranged by contacting Brad Boyde. 0400775388

Property History for 3/234 Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$235,000
06 May 2024
Listed for Rent
$220/w
25 Mar 2019
  • 06 May 2024
    Sold for $235,000
  • 18 Apr 2024
    Listed for Sale UNDER CONTRACT
  • 15 Mar 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 9,260 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 162 properties listed for sale, and 13 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 463 properties were sold in the past 12 months in Drouin.

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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.