SOLD
RECENT ADVICE
Sold on 07 Mar 2024 for $175,000

5/203 Princes Way
Drouin VIC 3818

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 60m2
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Property Details for 5/203 Princes Way, Drouin

5/203 Princes Way, Drouin is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 60m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Drouin in the last 12 months.

Building Type
Unit
Land Size
60m2

Last Listing description (March 2024)

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. This one bedroom flat presents as an excellent investment opportunity or an affordable property for the first home buyer or downsizer. Comprising 1 sizeable bedroom with built in robe, shared bathroom and laundry, a front entry lounge and adjacent kitchen/dining. Additional features include undercover carport, new roof, rendered exterior, and a shared common BBQ area. The surrounding greenery provides a private place to reside whilst being so close to all necessary amenities. The property is currently leased periodically 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 5/203 Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$175,000
07 Mar 2024
Listed for Rent
$160/w
17 Feb 2012
  • 23 Feb 2024
    Sold for $175,000
  • 20 Sep 2023
    Listed for Sale $195,000
  • 17 Feb 2012
    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 9,291 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 164 properties listed for sale, and 22 properties listed for rent in Drouin on OnTheHouse. According to CoreLogic's data, 482 properties were sold in the past 12 months in Drouin.

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Brendan Wetherall
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Harcourts Warragul
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