All About Drouin South, Baw Baw, VIC, 3818

Drouin South, located in the Baw Baw region of Victoria, offers an intriguing blend of rural charm and suburban convenience, making it an appealing place for potential homebuyers. The housing market in this area is characterized by a variety of properties, ranging from spacious family homes on generous plots to charming rural retreats that emphasize the area's strong agricultural heritage. Over recent years, Drouin South has seen steady growth in property prices, driven by increasing demand from individuals and families seeking a peaceful lifestyle away from the bustling city centers. This growth can be attributed to its proximity to Melbourne, which is just over an hour's drive away, coupled with the area's appealing green spaces, rolling hills, and scenic views that offer a tranquil living environment.

Living in Drouin South provides residents with a sense of community that is often cherished by those who choose to settle down here. The area offers a slower pace of life, yet it remains well-connected with amenities such as schools, local shops, and recreational facilities. Community events and local markets are a regular feature, fostering a friendly and welcoming atmosphere that makes it easy for newcomers to feel at home. Outdoor enthusiasts will appreciate the close access to hiking trails, parks, and nature reserves, while those seeking urban experiences can easily travel to nearby Drouin or further to larger towns like Warragul. Overall, Drouin South presents an ideal setting for those looking to enjoy a balanced lifestyle, combining the best of country living with the conveniences of nearby urban amenities.

Drouin South Real Estate Market Outlook

Thinking about buying in Drouin South? Now could not be a better time, with just 198 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $1,041,000 with prices in this suburb ranging from $476,000 to $4,016,000. The aproximate distance to the coast is 24 Km.

Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Drouin South due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Drouin South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Drouin South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Drouin South we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Drouin South a better buying opportunity than it may have been in the past.

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General Points of Interest

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