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VIC › Dallas › Drouin St

16 Drouin St, Dallas VIC 3047

House

$510,000

Last sold

15 Nov 2023

3

Bedrooms

1

Bathrooms

3

Car spaces

651 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $510,000 (15 Nov 2023).(Recorded sale)
  • FactLand 651 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Dallas (last 5 years) with land size: median $915/m² of land (n=70). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$510,000

15 Nov 2023 · derived via latest_sale

Local land rate: recorded House sales in Dallas (last 5 years) with land size have a median of $915/m² of land (n=70). Districts calculation from recorded sales — not a valuation.

Dallas at a glance

6,821

People

$624,888

Median sale

$461/wk

Median rent

3.84%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Dallas report →

Vs Dallas

-18.4%

Median sale

Suburb $624,888

+0.86 pp

Gross yield

Suburb 3.84%

Suburb median $624,888 from 23 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$510,00015 Nov 2023
  2. Listedprice unknowncompleted16 Oct 2023
  3. Listedprice unknowncompleted16 Oct 2023

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $461/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

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

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Dallas in one glance

Dallas at a glance

6,821

People

$624,888

Median sale

$461/wk

Median rent

3.84%

Suburb gross yield

Median sale from 23 recorded sales (last 12 months) — a Districts calculation.

See the full Dallas report →

Keep researching

  • Why Dallas? Read the area thesis →
  • What else is on the market in Dallas →
  • Other records on Drouin St →

Listing material

Listed by YPA Gladstone Park

3 BEDROOM RETRO CLASSIC ON A FLAT AND PERFECTLY RECTANGULAR 651M²!

SUCCESSFULLY SOLD BY JASON PADULA!

Go to Jason Padula Real Estate on Facebook and YouTube, for all the campaign highlights!

Loved and cared for by the same family for 40-odd years, this concrete home with brick-clad exterior is situated in a prime, downtown Dallas side street…walking distance to Sirius College, parkland, transport, shopping complex and just 17km from the CBD!

Read the full description

Situated on a substantial 50ft x 140 ft (15.24m x 42.69m) 651m² allotment ideal for DEVELOPERS and the construction of 2 x large, side-by-side homes (STCA). Alternatively, plenty of room for HOME BUYERS to renovate and extend the existing dwelling up/out (STCA) "or" build your dream home from scratch. Finally, an ideal INVESTMENT with expected return of $430-$445 per week and excellent capital growth prospects.

With a spacious front garden making a lasting first impression, step inside to a practical layout showcasing three great-sized bedrooms (two with full width, mirrored built-in robes), light-filled open lounge with ornamental OFP, adjoining dining area, fully renovated two-pac kitchen with eye-catching black specked Cesar stone tops, updated bathroom, separate toilet and large laundry with double trough + plenty of cupboards.

Offered with vacant possession, features include ducted heating, evaporative cooling, alarm, instantaneous gas hot water service, hardwood floors and 16 x mounted solar panels with inverter.

Step out back to a large East-facing grassed backyard with lots of room for kids/pets to run around. A long side drive leads to a single car tin garage, with a second double-sized garage/shed/man cave offering a plethora of work/gym/storage/entertaining options. With so many properties in Dallas on smaller, irregular allotments…these perfectly rectangular and impressive proportions are a HUGE tick!

Offering exciting possibilities and at a price point affordable to all, make it yours!

Terms: 10% deposit, Settlement 30-45 days

Contact: Jason Padula - 0402 149 436

Like/subscribe to Jason Padula Real Estate on Facebook and YouTube

Listing description written by Jason Padula, YPA Gladstone Park — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Living Areas: 1
  • Toilets: 1
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.