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Investment Property Drouin, VIC, 3818

Suburb Snapshot

Drouin is a suburb in the Baw Baw Region of Victoria. Drouin has a population of 12,348 people and 22.36% of its occupants live in rental accommodation. The median listing price for houses is $650,000 and this has changed -0.08% over the past year and changed -3.35% over 2 years.

The median rent in Drouin for houses is $490 per week and the median rental yield is 3.92%. Stock on the market for houses/townhouses has changed 41.25% compared to last year and the average time to sell a house/townhouse is 111 days.The median listing price for units is $430,000 and this has changed 0.00% over the past year. The average unit takes 98 days to sell and the median rent for a unit in Drouin is $380 per week, producing a rental yield of 4.59%.

Supply & Demand in Drouin, Baw Baw

0.75%

Current vacancy rate


53

Rental stock available


12,348

Population


22.36%

Rental population


0.59%

Current vacancy rate


162

Rental stock available


48,480

Population


18.04%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Drouin, Baw Baw

  House Townhouses Units
Median listing price $650,000 NA $430,000
Median price change - last quarter 1.55% NA 0.00%
Median price change - 1 year -0.08% NA 0.00%
Median price change - 2 years -3.35% NA 2.38%
  House Townhouses Units
Median weekly rent $490 NA $380
Median yield % 3.92% NA 4.59%
Median rent change - 1 year 6.52% NA -3.80%
  House Units
Previous month sales 27 1
Stock on market previous month 363 13
Stock variance vs. last year 41.25% -38.10%
Average days on market 111 98

Drouin investment property listings

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