AREA REPORTS

Drouin

 

 

VIC/
Drouin

Suburb Profile

Drouin - FREE 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 7.28% growth over a ten-year period. It ranks 894th 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 16.88% for the past year, which is higher than average compared to its 50% growth within a five-year period.

With the median home price in DROUIN sitting at $450,000, and the average rent at $360, property owners could potentially earn a 4.16% 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.

A 16.88% increase in median property prices in DROUIN, 3818 has allowed this suburb to join the ranks of best performing suburbs in VIC, settling at number 82nd.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $450,000 $321,950
GROWTH REPORT
Median Quarterly 1.69% 0.94%
Median 12 month 16.88% 22.65%
Median 3 years 40.63% 33.04%
Median 5 years 50% 37%
10 years average annual 7.28% 5.5%
Weekly media advert. rent $360 $285
Time on Market 38.9 days 35.5 days
Gross Rental Yield Percent 4.16% 4.6%
demographics (median values)
Total Population
7522
Weekly Household Income
805
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

ATO

Thousands of property investors set for tax audit

The Australian Taxation Office has announced that it is doubling the number of audits on “dodgy” rental deductions as the vast majority ...

Buildings

‘Historic development’ stands out in ABS property data

An examination of ABS data has found a rising trend of taller apartment buildings, providing an insight into what Australia’s future unit ...

Yanchep

Big infrastructure spend prompts ‘power house’ predictions for WA suburb

New transport infrastructure spending is set to benefit one coastal suburb in Western Australia, which has been labelled one of the best sub...

Perth

Recovering capital city presents opportunity for investors

Going into a market that is yet to fully recover could pose a risk, but there are strong opportunities in one recovering capital city, accor...

bill Shorten

How property investors can prepare for changes to negative gearing

Experts believe that Labor’s proposal to change tax policies can cause significant impact to the property market. How can investors prepar...

Melbourne

Victoria tops the list for population growth in new data

The results of a new report show that Melbourne suburbs were quite prominent in the country’s top hotspots for building approvals and popu...