24-26 Waddell Road, Drouin, VIC 3818 | AcreageSemi-rural for sale | OnTheHouse
 
FOR SALE
$1,750,000 - $1,920,000

24-26 Waddell Road
Drouin VIC 3818

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 7ac
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Development Opportunity for Low Density Subdivision

For the developer or astute investor, this property offers a wealth of opportunities.
Located in a leafy pocket amongst homes on large allotments, the substantial property has a semi-rural feel yet is only three kilometres from the central shopping hub, VLine station and less than five minutes drive to the freeway.
The existing residence is positioned towards the front of the level 2.69 hectare allotment (approximately 6.65 acres) with an approved planning permit for a large-lot subdivision at the rear, details as follows:
. Existing four bedroom residence on 4,001m2
. Block 2 - 4,001m2 corner allotment
. Block 3 - 4,073m2
. Block 4 - 12,569m2 (approx. 3.11 acres)
Nestled within a parklike setting of ornamental trees, the brick and tile home would benefit from a modern refurbishment, however, is comfortable to occupy.
A spacious layout includes the main bedroom with an ensuite and walk-in robe, two large living areas, functional kitchen, three secondary bedrooms with inbuilt robes, study or possible fifth bedroom, family bathroom, toilet and a laundry with generous storage.
There is also a double carport with direct entry to the laundry and a semi-covered paved patio, accessed from both living areas.
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Property Details for 24-26 Waddell Rd, Drouin

24-26 Waddell Rd, Drouin is a 4 bedroom, 2 bathroom AcreageSemi-rural with 2 parking spaces. The property has a land size of 7ac. The place is currently for sale with Ray White Drouin.

Building Type
AcreageSemi-rural
Land Size
7ac
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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 9,994 properties. Over the last 5 years, Houses in Drouin have seen a 13.18% increase in median value, while Units have seen a 20.62% increase. As at 31 August 2026:

  • The median value for Houses in Drouin is $695,782 while the median value for Units is $465,869.
  • Houses have a median rent of $575 while Units have a median rent of $450.
There are currently 128 properties listed for sale, and 19 properties listed for rent in Drouin on OnTheHouse. According to Cotality's data, 571 properties were sold in the past 12 months in Drouin.

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Dale Atkin
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Libby Talbot
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Ray White Drouin
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