Suburb Profile Report for Drouin VIC (3818)

Drouin House: Median price $360,000, Annual capital growth 5.14%, Number of sales 289, Weekly median advertised rent $320

Drouin Unit: Median price $288,000, Annual capital growth 3.98%, Number of sales 42, Weekly median advertised rent $265

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Drouin, 3818 have given investors a capital gain of 9.09%. This compares averagely with the 9.78% for VIC as a whole.

Taking the average capital gain, or increase in median house value, Drouin,3818 has racked up an average of 9.09% over the period. This ranks it number 1880th in the whole country for real estate investors looking at median house price increases.

Property buyers and investors in Drouin 3818 should be seeing an average reduction in asking price of around -3.24% . This means that Drouin is holding prices well when compared to other suburbs in VIC.

Drouin has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 17.55% to date .

Comparing Drouin,3818 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Drouin, 3818. Typically our figures indicate that -3.42% is being offered, which puts this VIC suburb at 1193th most discounted overall in Australia.

Residents and property investors in Drouin have been waiting around 66.29 days to sell a property.

Advertised rents are around the $265 mark per week – giving a return of 4.78% based on the median price in Suburb

Metrics i HOUSE UNIT
$360,000 $288,000
1.41% 10.03%
9.09% 17.55%
5.14% 3.98%
$320 $265
289 42
4.62% 4.78%
73.6 66.29

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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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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