16 Skipton Street, Drouin, VIC 3818 | House for sale | OnTheHouse
 
FOR SALE
$680,000 - $710,000

16 Skipton Street
Drouin VIC 3818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 626.9889m2
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Quality Investment Opportunity with Secure Tenancy Until May 2027

Positioned in a sought-after pocket of Drouin, 16 Skipton Street presents an outstanding opportunity for investors seeking a well-maintained property with reliable rental income and quality long-term tenants already in place. Currently leased until May 2027, this is a genuine set-and-forget investment.
Set on approximately 626m², this modern four-bedroom, three living area, two-bathroom home has been thoughtfully updated throughout, ensuring minimal maintenance and strong tenant appeal for years to come.
The home features a freshly repainted interior in modern neutral tones, hybrid vinyl flooring through the main living areas, and quality carpet to all bedrooms installed approximately 18 months ago. Three split-system air conditioners located in the master bedroom, kitchen and living area provide year-round comfort, while the spacious undercover alfresco offers an attractive outdoor living space highly sought after by tenants.
The refreshed front gardens add to the property's presentation and street appeal, helping to maintain strong rental demand in this growing and popular estate.
Investment Highlights:
Secure lease in place until May 2027- with long term tenants
Quality tenants currently occupying the property
Approximate rental yield of 4.3%
Potential for future rental growth as market conditions continue to strengthen
Low-maintenance 626m² allotment (approx.)
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Property Details for 16 Skipton St, Drouin

16 Skipton St, Drouin is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 626.9889m2. The place is currently for sale with @realty.

Building Type
House
Land Size
626.9889m2
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About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. There are 47 parks, covering nearly 4.0% of the total area. The population of Drouin in 2016 was 12349 people. By 2021 the population was 15287 showing a population growth of 23.8% in the area during that time. The predominant age group in Drouin is 0-9 years. Households in Drouin are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Drouin work in a trades occupation.In 2021, 75.80% of the homes in Drouin were owner-occupied compared with 71.70% in 2016.

Drouin has 9,792 properties. Over the last 5 years, Houses in Drouin have seen a 23.78% increase in median value, while Units have seen a 26.83% increase. As at 31 May 2026:

  • The median value for Houses in Drouin is $720,512 while the median value for Units is $467,103.
  • Houses have a median rent of $570 while Units have a median rent of $450.
There are currently 133 properties listed for sale, and 16 properties listed for rent in Drouin on OnTheHouse. According to Cotality's data, 582 properties were sold in the past 12 months in Drouin.

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Mel Ahearn
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@realty
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