Suburb Profile Report for Drouin VIC (3818)

Drouin House: Median price $440,000, Annual capital growth 6.52%, Number of sales 223, Weekly median advertised rent $365

Drouin Unit: Median price $341,000, Annual capital growth 5.70%, Number of sales 31, Weekly median advertised rent $300

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a a stable capital gain of 1.15% for the last year, Drouin, 3818 is the 1488th highest performer in Australia in this respect.

Drouin,3818 was ranked 3341 in Australia by increase in median property value over the quarter.

State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.90% offered to property buyers. Sellers in Drouin itself are offering an average vendor discount of -6.50% to real estate investors.

Situated 85.81km from the CBD, Drouin is one of Baw Baw (S) localities in the postcode 3818.

Over the last year, property investments in Drouin, 3818 have given investors a capital gain of 8.25%. This compares very favourably with the 0.68% for VIC as a whole.

When looking at the potential capital gains offered to property investors over the last 3 years, Drouin comes in at number 22th in VIC.

Sellers are offering property buyers an average discount of -4.94% to buyers in Drouin at the moment, which is less than average for the rest of VIC.

At number 651 in a list of fastest selling suburbs, Drouin is just in the top half of suburbs in Australia with an average of days on market 79.52 for properties listed there.

Situated 85.88km from the CBD, Drouin is one of Baw Baw (S) localities in the postcode 3818.

Metrics i HOUSE UNIT
$440,000 $341,000
-3.30% -1.59%
1.15% 8.25%
6.52% 5.70%
$365 $300
223 31
4.31% 4.57%
76.3351351351351 79.52

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (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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