Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Drouin › Plantation Rd

Lot 204 Plantation Rd, Drouin VIC 3818

For saleHouse

$818,500

For sale

Asking

4

Bedrooms

2

Bathrooms

3

Car spaces

515 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $818,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $818,500(Listing record · 5 Aug 2026)
  • 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)
  • CalculationAsk is 25% above the Drouin median recorded sale ($654,000, n=56, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Drouin's advertised median rent ($540/wk), implied gross yield would be 3.43% — this is not a rent for this listing.(Districts scenario calculation)

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

The ask against the evidence

Asking

$818,500

Asking · $1,589/m² of land

No recorded sale for this property.

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 →

Vs Drouin

+25.2%

Median sale

Suburb $654,000

-0.86 pp

Gross yield

Suburb 4.29%

Suburb median $654,000 from 56 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Purchase Price
$818,500
Stamp Duty (Victoria)
$44,180
Transfer/Registration Fee
$2,018
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$868,398

$49,898 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

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.

Rental yield

Pre-filled with Drouin's advertised median rent — not a rent for this listing.

Net yield
1.93%
Annual cashflow (pre-tax)
$-26,759
Interest cover (DSCR)
0.37
Annual rent
$28,080
Operating expenses
$12,278
Loan amount
$654,800
Annual interest
$42,562
Gross yield
3.43%

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.

Open the full yield calculator →

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. Listed$818,500available5 Aug 2026

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 $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

Gross yield if leased at the suburb aggregate is 3.4%. 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

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

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 Plantation Rd →

Listing material

Listed by Turnkey Real Estate Group

Titled 4 Bedroom Turnkey Home in Drouin - Fixed Price $818,300

LOT 204 PLANTATION ROAD, DROUIN

$818,300 | 4 Bedrooms | 2 Bathrooms | 2 Car Garage | 515m² Block

THE PROPERTY

Read the full description

This single storey home sits on a 515m² block in Drouin Fields, with 262.17m² across the house, garage and outdoor areas. The master suite sits at the front with his and hers walk-in robes, an ensuite and an adjoining study, set apart from bedrooms 2 to 4 at the rear. Two living zones, an open living/dining area and a separate retreat, connect to a covered outdoor living space, with the kitchen and walk-in pantry sitting centrally.

FOR OWNER-OCCUPIERS

The study attached to the master rather than buried among the other bedrooms keeps work calls away from whatever the kids are doing. His and hers robes ease the morning routine, and the retreat gives the household a second living space beyond the main open-plan zone, whether that’s a theatre setup or somewhere the kids can be loud without taking over the living room.

FOR INVESTORS

Drouin Fields sits within Baw Baw Shire, with a direct V/Line service into Melbourne and Princes Highway access, both drawing tenants priced out of areas closer to the city. Two living zones plus a study attached to the master widen the tenant pool, and at $818,300 the entry price still holds up against the level of finish included.

WHAT SETS THIS ONE APART

A 7 Star energy rating sits above the 6 Star standard typical across this corridor, which matters given the trade most Drouin buyers are already making: more space and a lower purchase price for distance from the city. A home that also cuts running costs extends that value into every power bill after settlement, not just the price on the contract.

KEY FEATURES

Layout & Design

• 4 bedrooms; master with his and hers walk-in robes, ensuite and adjoining study

• Separate retreat as a second living zone

• Open-plan living and dining, opening to covered outdoor living

• Double garage with internal access

Kitchen

• 900mm stainless steel upright cooker and canopy rangehood

• Stainless steel dishwasher, 20mm Caesarstone benchtops

• Walk-in pantry

Bathrooms & Extras

• Family bathroom servicing bedrooms 2 to 4, plus separate WC

• Ensuite and his and hers robes to master

• Laundry with linen storage

Build & Location

• 262.17m² total footprint, single storey, fully turnkey

• 515m² block in Drouin Fields, Drouin

• 7 Star energy rating, solar hot water, gas ducted heating

• 10-Year Structural Warranty and Home Owners Warranty

THE ESTATE — DROUIN FIELDS, DROUIN

Drouin sits within Baw Baw Shire, far enough from Melbourne for land to buy genuine space, connected back by both the Gippsland rail line and the Princes Highway. Schools, shops and the surrounding countryside are part of everyday life here, not a weekend drive away.

Package Summary

Land: $375,000 | Build: $443,300 | Total: $818,300

Bed 4 | Bath 2 | Car 2 | Home Size: 262.17m² | Land Size: 515m²

Package Structure: 2-Part Contract | Expected Title: September 2026

Contact me today to secure this home or discuss your own house-and-land package in Drouin Fields.

Images are for illustrative purposes only and may depict upgrades or fixtures not included in the standard package. Package current as at 05/08/2026 and subject to change without notice. Please refer to final contract documents for exact details.

Listing description written by Lachy Foster, Turnkey Real Estate Group — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 3
  • Outdoor Entertaining
  • Remote Garage
  • Rumpus Room
  • Secure Parking
  • Solar Panels
  • Study
  • Toilets: 3

Also look at

Also for sale in Drouin

  • 17 Victoria St, Drouin VIC 3818

    3-bed house for sale. Asking $600K–$660K.

    For sale
  • 25 Todman St, Drouin VIC 3818

    3-bed house for sale. Asking $750K.

    For sale
  • 14 Gerrard St, Drouin VIC 3818

    3-bed house for sale. Asking $649K–$679K.

    For sale
  • The Fairways Country Living, Drouin VIC 3818

    0-bed land. Asking $670K.

    For sale
Districts

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

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

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