SOLD
Sold on 10 Apr 2024 for $540,000

48 Springwater Drive
Drouin VIC 3818

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 126m2
Land area: 536m2
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Property Details for 48 Springwater Dr, Drouin

48 Springwater Dr, Drouin is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2007. The property has a land size of 536m2 and floor size of 126m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Drouin in the last 12 months.

Building Type
House
Year Built
2007
Floor Size
126m2
Land Size
536m2
Local Government
Baw Baw
Lot/Plan
64/PS533880

Last Listing description (June 2024)

Offering a functional floorplan and light filled modern spaces, this updated three bedroom home offers an outstanding move-in ready opportunity for first home buyers, young families and downsizers alike.

Offering three bedrooms including a master bedroom with walk-In robe and ensuite. The Two remaining bedrooms both offer built-in robes and have easy access to the family bathroom and separate toilet.

Making your way through to the rear of the home you are greeted with a large open plan living and dining area all centred around a well-equipped kitchen. The kitchen boasting stainless steel appliances, electric cooktop, oven, and dishwasher as well as plenty of bench and cupboard space.

Many Additional comforts that really make this house a home include split system heating and cooling and a double remote garage with internal access. Situated in a quiet location, only walking distance to parkland and public transport as well as being only a short drive to the M1 freeway, both Primary and Secondary schools, shopping, medical centres and all the amenities that Drouin has to offer.

Property History for 48 Springwater Dr, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$540,000
10 Apr 2024
Listed for Rent
$320/w
10 Feb 2017
  • 10 Apr 2024
    Sold for $540,000
  • 18 Mar 2024
    Listed for Sale $530,000 - $550,000
  • 10 Jan 2017
    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 9,272 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.
There are currently 164 properties listed for sale, and 20 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 469 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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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.