Investment property in Drouin has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.07%
Over the longer term, Drouin has seen property prices show investors a 35.48% return over the last 3 years. This is worse than over the last 12 months
Drouin3818 is located in VIC which offers an average discount of -5.20% to property investors. Drouin itself is showing figures that indicate -3.03% is the average achievable by property buyers investing in the suburb.
Drouin is 160th on a list of best yielding suburbs for rents in VIC with a 4.21% return
With a capital gain of 5.26% for the last 12 months, Drouin, 3818 has performed for property investments than its average annual 2.63% property growth over the last 5 years.
While Drouin,3818 ranked number 189th in VIC for increase in median house value (annualised) increase, it is ranked 187th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Drouin is offering property investors an average of -4.60. This rate of discount on properties puts Suburb at number 232th in terms of most discounted suburbs in VIC
In the last year 41 properties changed hands in Drouin, which puts it as the 195th most active market in VIC when comparing the number of sales per suburb.
Renters in Suburb are facing rents around $14040 per annum or $270 every week.