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Drouin
AREA REPORTS

Drouin

Drouin - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3818

house
unit

Based on its average 5-year and quarterly capital gains DROUIN, 3818 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that DROUIN, 3818 obtained a 6.56% growth over a ten-year period. It ranks 636th on our list of suburbs that property investors should look into.

DROUIN, 3818 in VIC belongs to the local government area of Baw Baw (S).

DROUIN, 3818 has a capital gain of 10.61% for the past year, which is higher than average compared to its 52.31% growth within a five-year period.

With the median home price in DROUIN sitting at $495,000, and the average rent at $370, property owners could potentially earn a 3.89% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in DROUIN are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Drouin
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $495,000 $345,000
GROWTH REPORT
Median Quarterly 5.32% 2.99%
Median 12 month 10.61% 3.31%
Median 3 years 25.32% 24.32%
Median 5 years 52.31% 43.15%
10 years average annual 6.56% 5.34%
Weekly media advert. rent $370 $300
Time on Market 75.7 days 94.7 days
Gross Rental Yield Percent 3.89% 4.52%
demographics (median values)*
Total Population
14167
Weekly Household Income
1159
Household Size
2.50
Age
41
Monthly Loan Repayment
1500
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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