3/22-26 Princes Way, Drouin, VIC 3818 | Property Value & History | OnTheHouse
OFF MARKET

3/22-26 Princes Way
Drouin VIC 3818

Bedrooms: 1
Bathrooms: -
Car spaces: -
Floor area: 88m2
Land area: 890m2
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Property Details for 3/22-26 Princes Way, Drouin

Building Type
Commercial
Year Built
1970
Floor Size
88m2
Land Size
890m2
Local Government
Baw Baw
Lot/Plan
3/PS328556

Last Listing description (July 2021)

An excellent opportunity to purchase Commercial 1 zoned property at an affordable entry level in the Drouin market place. Securely leased, this 60m brick facility with extensive glass frontage occupies a ground floor position with high exposure Princes Way frontage. Toilet and kitchenette facilities are provided for inside the suite. Strata titled, this property is a perfect addition to your investment portfolio or alternatively is a superb studio office.

60m office suite
Ground floor position

New 3 year lease (June 2021) with option
Current rent - $12,729.00p.a + GST
High exposure location
Princes Way frontage
Zoned Commercial 1

Property History for 3/22-26 Princes Way, Drouin, VIC 3818

A timeline of how this property has performed in the market
Last Sold
$258,750
12 Jul 2021
  • 12 Jul 2021
    Sold for $258,750
  • 02 Jun 2021
    Listed for Sale $249,000
  • 07 Jun 1993
    Sold for $77,000
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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.
There are currently 152 properties listed for sale, and 12 properties listed for rent in Drouin on OnTheHouse. According to Cotality's data, 616 properties were sold in the past 12 months in Drouin.

Suburb Insights for Drouin 3818

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Cotality Copyright and Legal Disclaimers about Property Data
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.