Suburb Profile Report for Drouin VIC (3818)

Drouin House: Median price $450,500, Annual capital growth 7.13%, Number of sales 283, Weekly median advertised rent $360

Drouin Unit: Median price $319,450, Annual capital growth 4.87%, Number of sales 35, Weekly median advertised rent $285

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

At number 315th in the list of Australian suburbs ordered by increase in median house value over the last year, Drouin, 3818 is in the top 10% with a property value increase of 19.21% recorded in median house prices.

Taking the average capital gain, or increase in median house value, Drouin,3818 has racked up an average of 19.21% over the period. This ranks it number 401th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -4.18% to buyers in Drouin at the moment, which is less than average for the rest of VIC.

The VIC suburb of Drouin, 3818 is in the Baw Baw (S) local government area.

With a capital gain of 22.04% for the last 12 months, Drouin, 3818 has performed for property investments than its average annual 4.87% property growth over the last 5 years.

If we look at median property appreciation over just the last three months, Drouin has given property investors a paper return of 1.41%. This puts Suburb as 96 on a list of fastest fasting appreciating suburbs in VIC

Drouin3818 is located in VIC which offers an average discount of -5.45% to property investors. Drouin itself is showing figures that indicate -7.34% is the average achievable by property buyers investing in the suburb.

At number 645 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 63.5 for properties listed there.

Metrics i HOUSE UNIT
$450,500 $319,450
4.14% 1.41%
19.21% 22.04%
7.13% 4.87%
$360 $285
283 35
4.16% 4.64%
53.45 63.5

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Good (H), Above average (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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