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Sold on 29 Jan 2024 for $500,000

3 Railway Avenue
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 624m2
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Property Details for 3 Railway Ave, Drouin

3 Railway Ave, Drouin is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 624m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 3 bedroom House sold in Drouin in the last 12 months.

Building Type
House
Land Size
624m2

Last Listing description (January 2024)

Discover the remarkable 3-bedroom house nestled on a generous approx. 621sqm parcel of land, offering not only a comfortable residence but also an incredible investment opportunity. The property comes with approved plans and permits for the construction of an additional 3-bedroom townhouse, providing the chance to expand and enhance the value of this prime real estate.

The original house boasts a thoughtfully designed floor plan, featuring a spacious living area that welcomes abundant natural light, creating a warm and inviting atmosphere. The generously sized kitchen is a focal point, equipped with a gas cooktop and electric oven. The convenience of a dedicated laundry space adds to the overall practicality of the home.

Enjoy the comfort provided by the wall heating and the added convenience of a split system for customizable climate control, ensuring comfort year-round. The 6.6kw solar panels contribute to energy efficiency and reduced environmental impact, making this property not only a haven for comfortable living but also a sustainable and forward-thinking investment.

Located in the heart of Drouin, you'll have access to all the town has to offer, from local schools, parks, and shops to easy access to local amenities. Within walking distance to Drouin train station and Woolworths, convenience is at your doorstep. Whether commuting or indulging in local amenities, this location offers the perfect blend of suburban tranquility and accessibility.

Do not miss out on this extraordinary opportunity. Contact us today to arrange an inspection.

Please Note: This home is virtually staged, and all information contained herein and advertised is gathered from sources we deem to be reliable; however, we cannot guarantee its accuracy, and the interested person or purchaser should rely on their research and satisfaction.

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Property History for 3 Railway Ave, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$500,000
29 Jan 2024
Listed for Rent
$460/w
06 May 2023
  • 16 Jan 2024
    Sold for $500,000
  • 23 Nov 2023
    Listed for Sale $495,000 - $544,000
  • 29 Apr 2023
    Listed for Rent $460 / week
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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 9,291 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 171 properties listed for sale, and 21 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 481 properties were sold in the past 12 months in Drouin.

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