Drouin is a well-established suburb in Victoria within the Baw Baw local government area (postcode 3818). With a population of 15,287, the suburb has an established demographic with a median age of 39. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Drouin is $605,000, having dipped slightly 2.7% over the past year. Units have a median price of $450,000 (+1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,647.
Drouin is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 4 rail stations, 48 bus stops. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Drouin offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($605K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -2.7% year-on-year.
Drouin is a well-established suburb in Victoria within the Baw Baw local government area (postcode 3818). With a population of 15,287, the suburb has an established demographic with a median age of 39. Households earn a median income of $74K per year, with an average household size of 2.5 people. The most common occupations are technicians & trades, professionals, community & personal service. The top ancestries reported are English, Australian, Scottish.
The median house price in Drouin is $605,000, having dipped slightly 2.7% over the past year. Units have a median price of $450,000 (+1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 3.9%. The median monthly mortgage repayment is $1,647.
Drouin is served by 5 schools, including 2 primary, 1 secondary, 2 combined. The average ICSEA score is 1021, which is around the national average of 1,000. Public transport access includes 4 rail stations, 48 bus stops. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Drouin offers a gross rental yield of 3.9%, rated as moderate yield. Property prices sit below the state median ($605K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 8.1x is considered moderate. House prices have moved -2.7% year-on-year.