342 Portland-Casterton Road, Drumborg, VIC 3304 | Property Value & History | OnTheHouse
OFF MARKET

342 Portland-Casterton Road
Drumborg VIC 3304

Bedrooms: 3
Bathrooms: 2
Car spaces: 8
Floor area: 138m2
Land area: 22653m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 4 Aug 2025
Low

High
Save

Property Details for 342 Portland-Casterton Rd, Drumborg

Building Type
Rural
Year Built
1950
Floor Size
138m2
Land Size
22653m2
Local Government
Glenelg
Lot/Plan
1/PS605679

Last Listing description (November 2021)

Only a short drive from the CBD of Heywood you will find this farmlet that has been rewired. Sitting on approximately 5 acres secluded from the road giving you privacy is this freshly painted home that has recently had the floors polished. Consisting of 4 bedrooms or 3 plus a study, a main bathroom as well as a shower and vanity at the rear of the house. The property has an elevated rear deck that is a great spot to relax and watch the sunrise and check on the animals that are feeding in the back paddock. The home offers a good size kitchen, dining & family area. Outside you will find a large 21x13m shed with great clearance for the caravan, boat etc, a double garage with workshop space and an old dairy/stock yards with good fencing around the property and ample rain water tanks as well as several fruit trees.
All in all this is a good package for someone that requires space or the retired farmer that just wants to tinker around. Properties like this are scarce so make sure you arrange your inspection today as this will go quick.

Property History for 342 Portland-Casterton Rd, Drumborg, VIC 3304

A timeline of how this property has performed in the market
Last Sold
$325,000
12 Aug 2021
Listed for Rent
$350/w
07 Feb 2020
  • 12 Aug 2021
    Sold for $325,000
  • 02 Jul 2021
    Listed for Sale $325,000
  • 16 Dec 2019
    Listed for Rent $350 / week
Sign in to see more transactions
Commute Calculator

About Drumborg 3304

The size of Drumborg is approximately 232.9 square kilometres. It has 4 parks covering nearly 94.8% of total area. The population of Drumborg in 2016 was 152 people. By 2021 the population was 160 showing a population growth of 5.3% in the area during that time. The predominant age group in Drumborg is 60-69 years. Households in Drumborg are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Drumborg work in a managers occupation.In 2021, 67.90% of the homes in Drumborg were owner-occupied compared with 64.80% in 2016.

Drumborg has 101 properties. Over the last 5 years, Houses in Drumborg have seen a 64.03% increase in median value. As at 31 January 2026:

  • The median value for Houses in Drumborg is $631,767.
There are currently no properties listed for sale, and no properties listed for rent in Drumborg on OnTheHouse. According to Cotality's data, 4 properties were sold in the past 12 months in Drumborg.

Suburb Insights for Drumborg 3304

Market Insights
Drumborg 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
Drumborg 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
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.