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VIC › Drouin › Buln Buln Rd

23 Buln Buln Rd, Drouin VIC 3818

House

4

Bedrooms

2

Bathrooms

2

Car spaces

862 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

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

Why this property?

  • FactLand 862 m²; no building size recorded.(Property record)
  • CalculationRecorded House sales in Drouin (last 5 years) with land size: median $1,005/m² of land (n=52). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • FactZoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 (GRZ1) under the ZN.(Vicmap Planning · 31 Aug 2026)

What could make it worth less?

  • FactDEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 intersects 99.8% of this parcel.(Vicmap Planning · 31 Aug 2026)

What should you verify next?

  1. 1DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1 affects this parcel — verify the mapped extent against the title / planning certificate before relying on unaffected land.
  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

No recorded sale price for this property yet.

Local land rate: recorded House sales in Drouin (last 5 years) with land size have a median of $1,005/m² of land (n=52). 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.

See the full Drouin report →

Planning

Planning and development

Planning scheme

ZN

Zone

GENERAL RESIDENTIAL ZONE - SCHEDULE 1

GRZ1

Jurisdiction

Baw Baw

Baw Baw, VIC

Planning overlays

  • DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1Detected — 99.8% of parcel

Development activity

Data unavailable

Source

  • Provider: Vicmap Planning
  • Dataset: PLAN_ZONE
  • Retrieved: 31 Aug 2026
  • Version: 1
  • Parcel: 770491

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. Soldprice unknown18 Sept 2021
  2. Listedprice unknowncompleted24 Aug 2021
  3. Listedprice unknowncompleted24 Aug 2021

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?

Confidence: medium

Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate. Zoning and lot facts are a starting point, not proof this lot outperforms the suburb. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Flood overlay has not been queried for this lot. Missing layer is unknown, not “no.” Minimum lot size is not loaded, so two-lot subdivision is not confirmed. Official parcel about 882 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise. 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 $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.

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.

3 of 10 questions answered so far

  • Development optionality of this lot

    Knownmedium

    Zoned GENERAL RESIDENTIAL ZONE - SCHEDULE 1 · GRZ1 (ZN). Official parcel area about 882 m². Dual occupancy is not confirmed from the controls loaded for this lot. Two-lot subdivision is unknown without minimum lot size and frontage. This is a screen, not a planning certificate.

  • 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?

    Knownlow

    Official parcel about 882 m² — land size can look like optionality. What reduces it: DEVELOPMENT CONTRIBUTIONS PLAN OVERLAY - SCHEDULE 1. This overlay can reduce what the land size appears to promise.

  • Lot-level flood

    Unknown

    Flood overlay has not been queried for this lot. 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

    No DA adapter returned applications 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

Drouin in one glance

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.

See the full Drouin report →

Keep researching

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

Listing material

Listed by Harcourts Warragul

Family Favourite with an Entertaining Edge

Enviably located in this highly regarded inner town street and perfectly blending yesterday's period charm and character with today's modern conveniences, this instantly appealing residence is located only 800m from the Drouin CBD and Civic Park, 2km to easy Freeway access, and is within close proximity to the 8km Two Towns Trail linking Drouin and Warragul.

This fully renovated 1950's weatherboard home offers a warmth and charm and is framed by a white picket fence, completing all your residential home dreams.

As you enter the front door you are immersed in the feeling of "home", as you are greeted by wide hallways, high ceilings, hardwood flooring and a pendant feature light.

Read the full description

The formal lounge room creates a warm and comforting feeling with a stunning fireplace mantel with decorative plaster containing an electric fireplace insert for your convenience, a ceiling fan, and large East facing window.

The white and modernised kitchen contains an island bench with feature pendant lights, dishwasher, a large WIP, exposed brick splashback and framing surrounding the freestanding 900mm gas stove and electric oven, the expansive dining area offers a split system a/c, feature pendant lighting, and French doors guiding you to the East facing front covered verandah providing the perfect spot to enjoy your morning coffee.

All 4 bedrooms are carpeted with ceiling fans, whilst the master suite creates an oasis on its own with an ensuite containing a double shower, single vanity with long bench space, WC and French doors opening to a private verandah framed by a mature vine, overlooking the rear yard to enjoy the sunset each evening.

Freshly renovated and boasting elegant style, the family bathroom contains a freestanding bath, shower, floating vanity, WC, pendant light, and is completed by panelled interior walls. Whilst the laundry offers plenty of cupboard space and a large trough.

Stepping outside you are greeted by the covered entertaining area containing a brick fireplace, pitch roof, and overlooks the rear yard, creating the perfect place to entertain family and friends all year round.

The package is complete with a studio located at the rear, containing concrete flooring, pitched roof with downlights, electric fireplace, separate workshop at the rear and bifold doors at the entrance.

Outside features include a water tank for the garden as well as a garden shed, the manicured and mature garden beds frame the flat rear yard which is fully fenced and private for the kids to enjoy.

Other features include original hardwood flooring, ceiling cornices throughout, hallway storage cupboard, neutral colour scheme, gas ducted heating through the flooring, a single carport as well as off-street parking.

Sitting proudly on this 862m2 allotment, properties like these are hard to come by! Do not miss your chance to call this charming home with features beyond belief, your own.

To be sent a pre recorded walk through tour, please contact Jason via jason.lee@harcourts.com.au / 0419 441 697.

Listing description written by Jason Lee, Harcourts Warragul — reproduced as published, not verified by Districts.

Property features

  • Air Conditioning
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Fully Fenced
  • Living Areas: 2
  • Outdoor Entertaining
  • Shed
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.