VIC has seen average median house prices change by 11.73% which means that Drouin, 3818 has done well for property investors by showing a capital gain of 11.76% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Drouin has increased when compared to the 5 year average annual rate.
In the last year 296 properties changed hands in Drouin, which puts it as the 58th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $3960 per annum or $330 every week.
VIC has seen average median house prices change by 6.72% which means that Drouin, 3818 has done well for property investors by showing a capital gain of 18.49% over the last year
Drouin,3818 has offered an average of 18.49% return per annum in house price rises to property investors over the last three years.
A $270 per week rent on the median house gives suburb investors a gross yield of circa 4.84%, without taking into account capital value appreciation, which has been averaging out at 3.55%.