935 Princes Way, Drouin, VIC 3818 | Land for sale | OnTheHouse
FOR SALE
$999000-$1090000

935 Princes Way
Drouin VIC 3818

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 3.8ac
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Exceptional Approx. 3.8-Acre Lifestyle Holding with Development Potential (STCA)

Lifestyle and Acreage Real Estate is proud to present an exceptional and increasingly rare opportunity at 935 Princes Way, Drouin, Victoria.
Set on approximately 3.8 acres within a Low-Density Residential Zone (LDRZ), this outstanding property represents one of Drouin’s most compelling lifestyle and investment offerings currently available. With its substantial landholding, prominent Princes Way frontage, and genuine future potential, it is ideally suited to discerning owner-occupiers, lifestyle buyers, investors, and developers alike.
Whether you are seeking to build a bespoke family residence, secure a premium lifestyle holding, or explore future subdivision and development possibilities (STCA), this property offers remarkable flexibility and long-term upside.
Outstanding Development & Lifestyle Potential (STCA)
A standout feature of this property is its potential to construct a quality residence at the front while retaining the opportunity to subdivide the balance of the land at the rear (STCA). Subject to council approval, the land’s configuration and zoning may allow for the creation of up to three allotments, comprising a front dwelling and two additional lots to the rear.
This rare opportunity provides the potential to unlock significant value, with subdivision proceeds possibly offsetting—or substantially contributing toward—the cost of your new home (STCA).
Fertile Land & Lifestyle Appeal
Complementing its development appeal, the property boasts rich, fertile soil, ideal for gardening, growing produce, hobby farming, or establishing landscaped grounds. The expansive acreage offers privacy, space, and versatility, enhancing both lifestyle enjoyment and long-term desirability.
Enjoy picturesque views across the Gippsland countryside, with nearby walking trails and bike paths providing the perfect setting for a relaxed, healthy, and active lifestyle.
Ideal For:
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Property Details for 935 Princes Way, Drouin

Building Type
Land
Land Size
3.8ac
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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 9,783 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 126 properties listed for sale, and 15 properties listed for rent in Drouin on OnTheHouse. According to Cotality's data, 584 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Dev Sandhu
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Karan Gill
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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.