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.
$650,000
For sale
Asking
3
Bedrooms
2
Bathrooms
3
Car spaces
507 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
Asking
$650,000
Asking · $1,282/m² of land
No recorded sale for this property.
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
-0.6%
Median sale
Suburb $654,000
+0.03 pp
Gross yield
Suburb 4.29%
Suburb median $654,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
$39,395 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Pre-filled with Drouin's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
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.
Gross yield if leased at the suburb aggregate is 4.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. 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 First National Real Estate Candappa - DrouinPerfectly positioned in a peaceful court and just moments from Drouin's schools, shopping precinct, cafés, parks and public transport, 23 Miller Close presents an outstanding opportunity for first-home buyers, growing families and astute investors alike. Combining comfort, practicality and exceptional parking options, this beautifully presented home offers a lifestyle of convenience in one of Drouin's most sought-after locations.
Designed for effortless everyday living, the heart of the home features a light-filled open plan living and dining area that creates a warm and inviting atmosphere. Whether you're entertaining guests or enjoying a quiet evening with the family, the spacious layout provides the perfect balance of comfort and functionality. Overlooking the living space, the well-appointed kitchen offers an abundance of cupboard and bench space, a gas cooktop and a 600mm electric oven, ensuring meal preparation is both practical and enjoyable while keeping you connected with family and friends. The accommodation comprises three generously sized bedrooms, including a spacious master suite complete with a walk-in robe and private ensuite featuring a shower, single vanity and toilet. The remaining two bedrooms are fitted with built-in robes and are serviced by the central family bathroom.
Stepping outside, you'll discover a generous, fully fenced backyard offering plenty of room for children and pets to play, along with endless possibilities to enjoy the outdoors. Whether it's hosting weekend barbecues, relaxing in the sunshine or simply appreciating the open space, the backyard is a wonderful extension of the home. One of the standout features of this property is its exceptional parking and storage options. The double remote garage offers convenient internal access and features a rear roller door, providing direct access to a concrete pad positioned behind the garage—perfect for securely storing a trailer, boat, camper or additional vehicle. Adding even more versatility, the property also features a dedicated third parking space alongside the home, making it an ideal choice for families with multiple vehicles or those requiring extra off-street parking.
Offering a practical floorplan, outstanding functionality and a location that places every convenience within easy reach, 23 Miller Close is a fantastic opportunity to secure a quality home with broad appeal. Whether you're looking to move straight in, add to your investment portfolio or purchase your first home, this is a property that truly ticks all the boxes.
Please contact Jordan Makin on 0419 200 236 to arrange your private inspection.
Listing description written by Jordan Makin, First National Real Estate Candappa - Drouin — reproduced as published, not verified by Districts.