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Drouin West, VIC 3818

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental Market

Median House

$1,495,000

market range $1M-$1.5M

Median Unit

$670,000

Gross Yield (units)

3.8%

1yr Growth

-

Investment snapshot for Drouin West

Drouin West has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Drouin West market and investor summary

Drouin West (VIC 3818) runs a median house price of $1.5M. At 1.7% vacancy, it is a tight rental market that favours landlords.

Rental demand looks steady, with vacancy at 1.7% and a resident base that is not shrinking. Houses also take time to sell, around 141 days on market, so plan for a slower exit if you ever need one.

Living in Drouin West: people, income and schools

About 361 people live in Drouin West, and the area has been growing steadily, up about 15% over five years. The median age is 54, an older, established demographic, and 90% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

Households here earn a median of about $82,000 a year, or roughly $1,580 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 a steep 18.2 times local household income, so affordability is a genuine constraint on local buyers. Incomes have risen about 20% over five years, which tends to underpin what local buyers can pay.

There are 2 schools within about 5km, testing a little above the national school average on ICSEA. Fixed broadband is delivered over the NBN's Fixed Wireless.

Population
361
+15% over 5yr
Median age
54 years
Median household income
$82,000/yr
Households renting
6%
Family households
77%
Socio-economic rank
4/10
ABS advantage index
Schools within 5km
2
avg ICSEA 1068
Unemployment
3.2%

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 West

No properties currently listed in Drouin West

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Frequently asked questions about Drouin West

What should I check before investing in Drouin West?

Drouin West has enough public data for first-pass screening across yield, vacancy, price and supply signals. Tight rental market (1.7% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Drouin West?

The median property price in Drouin West, VIC 3818 is $1.5M for houses and $670K for units.

What rental yield does Drouin West show?

The gross rental yield in Drouin West is 3.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

How tight is the rental market in Drouin West?

The current vacancy rate in Drouin West is 1.7%. 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 West?

Drouin West has a population of approximately 361 residents, with a median age of 54.

What schools are near Drouin West?

There are 2 schools within roughly 5km of Drouin West. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Drouin West affordable to buy in?

A median house in Drouin West costs about 18.2 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). 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 West's population growing?

The population of Drouin West 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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