12 Norman RoadDrouin VIC 3818
Property Details for 12 Norman Rd, Drouin
Last Listing description (December 2021)
- Incredibly rare "development ready" subdivision
- Current planning permit and certification of the Plan of Subdivision for 25 residential allotments ranging from 615m2* - 6,625m2*
- 2 stage subdivision includes 2 "super lots" of 5,185m2* and 6,625m2*, with scope to produce additional home sites (S.T.C.A)
- Majority of the blocks are flat
- Central location, 1.5km to Drouin CBD
Expression of Interest closing 22nd December 2021 at 3pm (if not sold prior)
*(approx.)
Property History for 12 Norman Rd, Drouin, VIC 3818
- 22 Dec 2021Sold for $3,850,000
- 30 Nov 2021Listed for Sale EOI Closing Wednesday 22nd Dec at 3pm
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0About 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 32.08% increase in median value, while Units have seen a 25.51% increase. As at 31 March 2026:
- The median value for Houses in Drouin is $723,388 while the median value for Units is $445,429.
- Houses have a median rent of $560 while Units have a median rent of $450.
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