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VIC › Drouin › Plantation Rd

Lot 205 Plantation Rd, Drouin VIC 3818

For saleHouse

$906,500

For sale

Asking

4

Bedrooms

2

Bathrooms

2

Car spaces

515 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $906,500 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $906,500(Listing record · 4 Aug 2026)
  • CalculationLand 515 m² against a 34 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • 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 39% 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 3.10% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

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

$906,500

Asking · $1,760/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

+38.6%

Median sale

Suburb $654,000

-1.19 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
$906,500
Stamp Duty (Victoria)
$49,460
Transfer/Registration Fee
$2,224
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
$961,884

$55,384 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
1.60%
Annual cashflow (pre-tax)
$-32,655
Interest cover (DSCR)
0.31
Annual rent
$28,080
Operating expenses
$13,598
Loan amount
$725,200
Annual interest
$47,138
Gross yield
3.10%

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$906,500available4 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 3.1%. 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 $906,318

LOT 205 PLANTATION ROAD, DROUIN

$906,318 | 4 Bedrooms | 3 Bathrooms | 2 Car Garage | 515m² Block

THE PROPERTY

Read the full description

This double storey home carries 34 squares of living across a 515m² block in Drouin Fields Estate. Downstairs splits into four distinct zones: an open-plan kitchen, meals and family area, a separate theatre room, a study, and a formal living room near the entry, all serviced by a double garage with internal access. Upstairs holds all four bedrooms alongside a rumpus room and a study nook, with the master bedroom set apart from the other three and finished with its own walk-in robe and ensuite.

FOR OWNER-OCCUPIERS

Four separate zones downstairs means the household isn’t competing for one room every evening. The theatre handles movie nights, the study covers calls and homework, and the formal living room gives guests somewhere that isn’t the middle of family life happening in the kitchen and meals area. Upstairs adds two more options in the rumpus room and nook, and bedrooms 2 to 4 each get their own walk-in robe rather than sharing storage.

The master sits apart from the rest of the bedrooms with its own ensuite, so there’s a genuine end point to the day rather than just another door along the same hallway. The double garage opens straight into the house, which matters more than it sounds on a wet Gippsland morning.

FOR INVESTORS

Drouin runs along the Gippsland rail corridor, giving tenants a direct V/Line service into Melbourne’s CBD alongside road access via the Princes Freeway through to Warragul and Pakenham. A layout built around four distinct downstairs zones plus four upstairs bedrooms covers a wide range of tenant types, from families wanting the theatre and study kept separate from daily living to share-housers after their own defined space.

Three bathrooms keep the property functional even at full occupancy, split across an upstairs bathroom, a master ensuite and a ground-floor powder room. At $906,318, the entry price still sits accessible for the corridor relative to what the floorplan offers.

WHAT SETS THIS ONE APART

Two separate work-capable spaces in one home, a ground-floor study and an upstairs study nook, is not something most packages at this size bother including. It only really makes sense once you look at how people end up living in Drouin in the first place.

The V/Line service into Melbourne means plenty of buyers here are splitting their week between working from home and catching the train into the city. A downstairs study for focused calls and an upstairs nook for something quicker, checking emails or finishing a report before bed, suits that pattern better than a single study ever could, and it’s the kind of detail a floorplan alone won’t tell you unless someone walks you through it.

KEY FEATURES

Layout & Design

• 4 bedrooms upstairs; master with walk-in robe and ensuite, positioned apart from the rest

• Four separate downstairs living zones: theatre, study, formal living, and open-plan kitchen/family/meals

• Upstairs rumpus room and study nook

• Double garage with internal access

Kitchen

• Open-plan kitchen servicing the family and meals area

• Walk-in pantry

Bathrooms & Extras

• 3 bathrooms: upstairs bathroom servicing bedrooms 2 to 4, master ensuite, and a ground-floor powder room

• Additional upstairs toilet

• Walk-in robes to bedrooms 2, 3 and 4

• Separate laundry with walk-in linen downstairs, plus upstairs linen storage

Build & Location

• 34 squares under roof, double storey, fully turnkey

• 515m² block in Drouin Fields Estate, Drouin

• All developer and council requirements met

THE ESTATE — DROUIN FIELDS, DROUIN

Drouin Fields sits in Drouin, within the Baw Baw Shire in West Gippsland. The town runs along the Gippsland rail corridor, giving residents a direct V/Line service into Melbourne’s CBD, with road access via the Princes Freeway connecting through to Warragul and Pakenham.

It’s drawing people priced out of metro Melbourne who aren’t willing to give up a train line into the city, backed by an established retail strip and a new-build corridor still finding its shape.

Package Summary

Land: $360,000 | Build: $546,318 | Total: $906,318

Bed 4 | Bath 3 | Car 2 | Home Size: 34sq | Land Size: 515m²

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

Images, plans and drawings are for illustrative purposes only and may not represent the final product. Lot layouts, dimensions, easements and landscaping are subject to change without notice and are dependent on third-party approvals, including council and developer requirements.

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

Property features

  • Air Conditioning
  • Alarm System
  • Broadband
  • Built-in Robes
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Living Areas: 3
  • Remote Garage
  • Rumpus Room
  • Solar Panels
  • Study
  • Toilets: 3

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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.