256 Settlement Rd, Drouin, VIC 3818 | Land for sale | OnTheHouse
 
FOR SALE
$870,000

Settlement Road
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 1855m2
Improve this data
Inspection Times
No upcoming inspections scheduled.
Contact agent to arrange an inspection.
Share
Save

Exceptional 1855m2 vacant allotment- Ideal for a multitude of uses.

With potential only limited by your imagination this sensational flat allotment Zoned General Residential 1 provides a blank canvas for further development a number of different ways (STCA) . Offering significant potential for a wide range of residential developments and select business opportunities allowed in a General Residential Zone and an impressive 45 meters of street frontage, the property provides excellent accessibility and flexibility for future projects. The location is ideal for community-based businesses that would seamlessly integrate into a residential setting.
Ideally located just 1.1km from the vibrant heart of Drouin's CBD, this site is within walking distance of shops, cafes, schools, and other essential amenities, making it an ideal location for future residential development. Additionally, the property is situated directly opposite the tranquil Bellbird Park, offering a serene outlook and an attractive green space for future residents, a space that will not be developed and will remain a nature reserve.
This exceptional development opportunity combines proximity to all conveniences, potential for capital growth, and a picturesque setting. Don't miss the chance to secure this property for your next project-enquire today!
View Statement of Information

Property Details for 256 Settlement Rd, Drouin

Building Type
Land
Land Size
1855m2
Commute Calculator

About Drouin 3818

The size of Drouin is approximately 52.4 square kilometres. It has 47 parks covering nearly 4.0% of 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 9,833 properties. Over the last 5 years, Houses in Drouin have seen a 35.85% increase in median value, while Units have seen a 29.90% increase. As at 31 October 2025:

  • The median value for Houses in Drouin is $676,889 while the median value for Units is $417,572.
  • Houses have a median rent of $545 while Units have a median rent of $430.
There are currently 141 properties listed for sale, and 17 properties listed for rent in Drouin on OnTheHouse. According to Cotality's data, 595 properties were sold in the past 12 months in Drouin.

Drouin Profile Page

Suburb Insights for Drouin 3818

Visit Drouin profile page
Market Insights
Drouin Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Drouin Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.
Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Visit Drouin profile page
Contact agent
agent headshot
Elise Davidson
Show contact details
Call agent
OBrien Real Estate Clark
Preferred contact:
Privacy Policy
Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.

X

GETTING STARTED