Suburb Profile Report for Drouin VIC (3818)

Drouin House: Median price $337,000, Annual capital growth 4.64%, Number of sales 257, Weekly median advertised rent $310

Drouin Unit: Median price $246,000, Annual capital growth 1.62%, Number of sales 35, Weekly median advertised rent $260

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property investors who have had real estate in Drouin, 3818 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 5.31%

When looking at the potential capital gains offered to property investors over the last 3 years, Drouin comes in at number 478th in VIC.

At number 526th of VIC’s most discounted properties, Drouin is in the TOP 20% of the state/territory when listing in order of most discounted to least.

Drouin is in the bottom 40% in VIC when comparing median price capital growth over the last year. Drouin gave property investors a disappointing capital gain figure when compared to the rest of the state, with 0.41%.

While Drouin,3818 ranked number 175th in VIC for increase in median house value (annualised) increase, it is ranked 212th over the last 5 years.

Drouin3818 is located in VIC which offers an average discount of -5.14% to property investors. Drouin itself is showing figures that indicate -4.15% is the average achievable by property buyers investing in the suburb.

On average over the past year, suburb has had 2.92 sales per month, which equates to 35 per year.

Renters in Suburb are facing rents around $3120 per annum or $260 every week.

HOUSE UNIT
$337,000 $246,000
0.60% 0.41%
5.31% 0.41%
4.64% 1.62%
$310 $260
257 35
4.78% 5.50%
76.34 60.65

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9685
Median household income ($/weekly) 990
Median age of persons 39
Median housing loan repayment ($/monthly) 1500
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 1194 12.3
    25-34 years 1196 12.3
    35-44 years 1168 12.1
    45-54 years 1193 12.3
    55-64 years 1146 11.8
    Others 3789 39.1
    Age Group
    Census Count Percent(%)
    Registered Married 3520 50.7
    Not Married 2729 39.3
    Defacto Relationship 700 10.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 8226 88.3
    New Zealand 97 1.0
    Papua New Guinea 106 1.1
    United Kingdom 472 5.1
    Other 129 1.4
    Others 289 3.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 60 0.7
    Christianity 6133 70.2
    Islam 11 0.1
    Other Religious Groups 33 0.4
    No Religion 2481 28.4
    Others 20 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 471 14.5
    $600-$799 397 12.2
    $800-$999 324 9.9
    $1,000-$1,249 351 10.8
    $1,500-$1,999 444 13.6
    Others 1272 39.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 2932 39.7
    Employed, worked full-time 2498 33.8
    Employed, worked part-time 1407 19.1
    Employed, away from work 295 4.0
    Unemployed, looking for work 253 3.4
    Person Characteristics
  • Census Count Percent(%)
    Professionals 601 14.3
    Technicians & trades workers 782 18.6
    Community & personal service workers 446 10.6
    Clerical & administrative workers 482 11.5
    Labourers 622 14.8
    Others 1266 30.2
    Occupation
    Census Count Percent(%)
    Pre-school 199 9.5
    Infants/Primary 762 36.5
    Secondary 610 29.2
    Technical or Further Educational Institution 250 12.0
    University or other Tertiary Institutions 192 9.2
    Others 74 3.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 8337 92.3
    Semi-detached, row or terrace house, townhouse 383 4.2
    Flat, unit or apartment 221 2.4
    Caravan, cabin, houseboat 84 0.9
    House or flat attached to a shop, office 8 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1364 38.7
    Fully owned 1279 36.2
    Rented 872 24.7
    Other tenure type 14 0.4
    Tenure Type
Census 2011, ABS
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