If you compare the increase in value of investment property in Drouin, 3818 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 8.96%.
Over the longer term, Drouin has seen property prices show investors a 19.67% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Drouin is $365000, with sellers offering an average of -3.13% off the asking price.
Residents and property investors in Drouin have been waiting around 70.87 days to sell a property.
Situated 85.98km from the CBD, Drouin is one of Baw Baw localities in the postcode 3818.
Giving property investors a a solid capital gain of 18.37% for the last year, Drouin, 3818 is the 191th highest performer in Australia in this respect.
Drouin,3818 was ranked 102 in Australia by increase in median property value over the quarter.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -4.87% offered to property buyers. Sellers in Drouin itself are offering an average vendor discount of -3.34% to real estate investors.
Drouin is 106th on a list of best yielding suburbs for rents in VIC with a 4.75% return