4/203 Princes WayDrouin VIC 3818
Property Details for 4/203 Princes Way, Drouin
4/203 Princes Way, Drouin is a 1 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 55m2 and floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (May 2023)
Situated within walking distance from an array of shops, cafes, local eateries, Drouin Train Station, public transport and multiple schooling options, this hidden gem is now available just a short walk from Drouin CBD. This one bedroom flat presents as an excellent investment opportunity or an affordable property for the first home buyer or downsizer.
This well maintained flat has just been freshly painted throughout. Standout features include a split system for heating & cooling, new roofing, new hot water pump, electric cooktop oven, attractive rendered exterior, undercover carport, updated ventilation and ample storage, all surrounded by lush green trees. The property is currently leased to a long term tenant. Entry level properties such as this are few and far between.
Please contact Brendan Wetherall at 0467 617 340 to arrange your viewing today.
Property History for 4/203 Princes Way, Drouin, VIC 3818
- 20 Feb 2023Sold for $215,000
- 23 Jan 2023Listed for Sale $220,000 - $240,000
- 22 Jan 2014Listed 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 9,270 properties. Over the last 5 years, Houses in Drouin have seen a 41.67% increase in median value, while Units have seen a 37.85% increase. As at 31 October 2024:
- The median value for Houses in Drouin is $648,469 while the median value for Units is $425,725.
- Houses have a median rent of $500 while Units have a median rent of $420.
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