48 Drouin RoadLongwarry VIC 3816
Property Details for 48 Drouin Rd, Longwarry
48 Drouin Rd, Longwarry is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 815m2 and floor size of 135m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
This neatly upgraded brick veneer home is positioned on an enormous allotment of approximately 818M2.
The purchaser will benefit from the option to capitalise on a multitude of options:
- Enjoy a high rental income from BOTH the main dwelling as well as a separate bungalow. The combined rental return may be in the vicinity of $550 per week (please speak to the agent for more information regarding this).
- Enjoy living in a neatly updated home on an enormous, family friendly allotment of over 800M2.
- Explore the viability of sub-division in future (STCA). The property may lend to the option to sub-divide the land in future to make way for multiple dwellings.
The home offers:
- Three bedrooms, two living spaces and a family friendly bathroom
- Potential to rent the home out for approximately $350 per week
- Neatly modernised with an updated kitchen that boasts gas cooking, electric oven, double sink as well ample cupboard and bench space
- A large, light filled living space enjoys an ambient open fireplace
- A secondary living / rumpus space extends from the rear of the home
- A paved and covered outdoor entertainment domain wraps the rear of the home and enjoys a vantage to the rear yard
- Good sized bedrooms
- A functional, family friendly bathroom offers a single vanity, bath tub and separate shower
- A separate laundry and a separate toilet add to the functional appeal of the property
- Neatly landscaped with low maintenance gardens
- A well oriented home that captures lots of natural light
- The yard is fully fenced
- Ducted heating
- Split system cooling
The bungalow offers:
- One bedroom, one living space and a freshly renovated bathroom
- Potential to rent the bungalow out for approximately $200 per week
- A new kitchenette with cupboard and bench space as well as a kitchen sink
- Heating and cooling
The South East growth corridor is developing at a rapid pace. Longwarry continues to expand and develop as more folks capitalise on the relative affordability and the enticing lifestyle that is on offer.
As development and expansion continues to take place, land values are poised for significant growth in the long term.
This property represents an appealing opportunity to secure a solid home with a high potential rental return on a large parcel of land; all of the ingredients of a rock solid long term investment prospect.
Property History for 48 Drouin Rd, Longwarry, VIC 3816
- 19 Jul 2022Sold for $540,000
- 10 Jul 2022Listed for Sale $490,000 - $530,000
- 23 Nov 2021Transferred
Recent sales nearby
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About Longwarry 3816
The size of Longwarry is approximately 49.1 square kilometres. The population of Longwarry in 2016 was 2004 people. By 2021 the population was 2436 showing a population growth of 21.6% in the area during that time. The predominant age group in Longwarry is 30-39 years. Households in Longwarry are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Longwarry work in a trades occupation.In 2021, 76.70% of the homes in Longwarry were owner-occupied compared with 76.50% in 2016.
Longwarry has 1,682 properties. Over the last 5 years, Houses in Longwarry have seen a 41.11% increase in median value, while Units have seen a 12.32% increase. As at 31 January 2026:
- The median value for Houses in Longwarry is $688,127 while the median value for Units is $503,217.
- Houses have a median rent of $540 while Units have a median rent of $455.
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