Drouin at a glance
16,837
People
$654,000
Median sale
$540/wk
Median rent
4.29%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
VIC › Drouin › Diamond St
$990,000
Last sold
10 Jan 2024
4
Bedrooms
4
Bathrooms
2
Car spaces
763 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$990,000
10 Jan 2024 · derived via latest_sale
Local land rate: recorded House sales in Drouin (last 5 years) with land size have a median of $1,000/m² of land (n=51). Districts calculation from recorded sales — not a valuation.
Drouin at a glance
16,837
People
$654,000
Median sale
$540/wk
Median rent
4.29%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Vs Drouin
+51.4%
Median sale
Suburb $654,000
-1.45 pp
Gross yield
Suburb 4.29%
Suburb median $654,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $540/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Drouin at a glance
16,837
People
$654,000
Median sale
$540/wk
Median rent
4.29%
Suburb gross yield
Median sale from 56 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Harcourts WarragulStanding impressively with its stunning modern profile, this state-of-the-art family residence presents an unrivalled as-new experience of grandeur and sophistication, and arguably sets a benchmark for family luxury in the area. Welcome to the flawless 1 Diamond Street, Drouin.
Impressive proportions are immediately on display with a soaring 12 ft entry hall ceiling providing a suitably stunning introduction to the home that has spared no expense. Carrying through to the adjacent formal lounge room/5th bedroom option that takes full advantage of the aspect with views beyond to the distant northern mountain ranges.
The master retreat sets the stage for the premier accommodation and is simply something out of a dream. From the walk in robe the size of most bedrooms, a personal split system, northerly aspect, and a lavish ensuite with floor to ceiling premium tiling, stone topped double basin vanity, walk in shower and feature bathtub. The remaining trio of bedrooms within the 40sq home are each generous pamper zones with their own ensuite and considerable robe space with 2 walk ins and a built in plus desk for the third; ideally catering to busy families or the ability to provide guests with their own private space and facilities.
Flanked by the oversized laundry, powder room, private home office, the wide hallway flows through to the stunning family domain that is truly the heart of this home. Soundproof double doors open to a sound proof cinema room with blackout curtains and storage closet. The substantial living and dining zones extend from the breathtaking chef's kitchen equipped with a full complement of prestige appliances, electric ovens and cooktop with option for gas, stone bench-tops, island bench and full butler's pantry. Floor-to-ceiling glass stacker doors open to a paved outdoor living which extends to an open fire pit zone with connected power, landscaped garden, and a shed for your storage needs. A haven for year round relaxation or entertaining family and friends.
An extensive list of additional highlights includes a 9ft ceilings through the remainder of the home, double garage with direct internal access, double glazed windows, ducted heating, ceiling cassette air conditioners, walk in linen press, ceiling fans, three phase power, tv and data in every room, and a wired 5 camera external security system.
The location is no diamond in the rough either. Surrounded by other quality homes with a large park just 100m down the road, Platinum Rise estate provides a convenient central location positioned between Drouin town centre and Princes Freeway with a Drouin St. Pauls Anglican Grammar School campus under construction just a few minutes' drive.
Diamonds are a buyer's best friend.
Listing description written by Brendan Wetherall, Harcourts Warragul — reproduced as published, not verified by Districts.