1391 Princes WayDrouin VIC 3818
Property Details for 1391 Princes Way, Drouin
1391 Princes Way, Drouin is a 4 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 12175m2. While the property is not currently for sale or for rent, it was last sold in December 2010.
Last Listing description (March 2020)
3 gently rising elevated acres zoned General Residential Zone (GRZ1) located in the booming township of Drouin, just under 100km south east of Melbourne, and 36km from Pakenham. Rare opportunity to secure a 12,000m2 development site just 1400m from the Train Station with all services available, adjoining established residential estates to the east and the north, with dual road access points. The property also features a 4 bedroom, 2 bathroom, restored weatherboard residence boasting features such as cathedral ceilings, kitchen with caesarstone benchtops, ss a/c, open fireplace, views, and outdoor entertaining area to the rear. Great shedding facilities complete the property and provide an option for a short term lifestyle choice, even though the property is development ready now STCA. Contact Evan Broadbent on 0438 379 151 or email evan.broadbent@harcourts.com.au to obtain an Information Memorandum.
Expressions of Interest closing date Wednesday 4 December 2019.
Property History for 1391 Princes Way, Drouin, VIC 3818
- 16 Oct 2019Listed for Sale Price by Negotiation $1,500,000 - $1,600,000
- 18 Dec 2010Sold for $610,000
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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 9,837 properties. Over the last 5 years, Houses in Drouin have seen a 37.51% increase in median value, while Units have seen a 30.43% increase. As at 30 November 2025:
- The median value for Houses in Drouin is $695,113 while the median value for Units is $423,361.
- Houses have a median rent of $550 while Units have a median rent of $435.
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