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Drouin, VIC 3818
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$665,000
market range $625K-$800K
Median Unit
$470,000
market range $425K-$500K
Gross Yield (houses)
4.5%
1yr Growth (houses)
+4.7%
market range +2.5% to +15.0%
Investment snapshot for Drouin
Drouin has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Drouin market and investor summary
In Drouin, VIC 3818, the median house sells for around $665K, on a gross rental yield of 4.5% for houses. House prices have moved +4.7% over the past year and +4.6% over three years. At 1.5% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.5% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.5% and a resident base that is not shrinking.
Living in Drouin: people, income and schools
Drouin is home to around 15,287 people, and the area has been growing steadily, up about 15% over five years. At a median age of 39, it reads as broadly working-age, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $74,000 a year (about $1,430 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (4 out of 10). At current prices a median house runs to about 8.9 times local household income, in line with much of metropolitan Australia. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.
Families have 7 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 48 for walkability and 68 for transit out of 100. Fixed broadband is delivered over the NBN's Fibre to the Node.
- Population
- 15,287
- +15% over 5yr
- Median age
- 39 years
- Median household income
- $74,000/yr
- Households renting
- 21%
- Family households
- 73%
- Socio-economic rank
- 4/10
- ABS advantage index
- Schools within 5km
- 7
- avg ICSEA 982
- Unemployment
- 3.2%
- Walk score
- 48/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Drouin
No properties currently listed in Drouin
Search Drouin listings →Frequently asked questions about Drouin
What should I check before investing in Drouin?
Drouin has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 5.0% gives a usable rent-to-price starting point. Capital growth of +4.7% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Drouin?
The median property price in Drouin, VIC 3818 is $665K for houses and $470K for units.
What rental yield does Drouin show?
The gross rental yield in Drouin is 4.5% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Drouin?
House prices in Drouin are up 4.7% over the past year and up 4.6% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Drouin?
The current vacancy rate in Drouin is 1.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Drouin?
Drouin has a population of approximately 15,287 residents, with a median age of 39.
What schools are near Drouin?
There are 7 schools within roughly 5km of Drouin. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Drouin affordable to buy in?
A median house in Drouin costs about 8.9 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Drouin's population growing?
The population of Drouin has grown about 15% over the past five years, an above-average pace. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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