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935 Princes Way, Drouin$1.04m
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935 Princes Way

Drouin, VIC 3818, Australia
$999,000 – $1.09m
1.54 ha

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About this property

Lifestyle and Acreage Real Estate is proud to present an exceptional and increasingly rare opportunity at 935 Princes Way, Drouin, Victoria. Set on approximately 3.8 acres within a Low-Density Residential Zone (LDRZ), this outstanding property represents one of Drouin's most compelling lifestyle and investment offerings currently available. With its substantial landholding, prominent Princes Way frontage, and genuine future potential, it is ideally suited to discerning owner-occupiers, lifestyle buyers, investors, and developers alike. Whether you are seeking to build a bespoke family residence, secure a premium lifestyle holding, or explore future subdivision and development possibilities (STCA), this property offers remarkable flexibility and long-term upside. Outstanding Development & Lifestyle Potential (STCA) A standout feature of this property is its potential to construct a quality residence at the front while retaining the opportunity to subdivide the balance of the land at the rear (STCA). Subject to council approval, the land's configuration and zoning may allow for the creation of up to three allotments, comprising a front dwelling and two additional lots to the rear. This rare opportunity provides the potential to unlock significant value, with subdivision proceeds possibly offsettingor substantially contributing towardthe cost of your new home (STCA). Fertile Land & Lifestyle Appeal Complementing its development appeal, the property boasts rich, fertile soil, ideal for gardening, growing produce, hobby farming, or establishing landscaped grounds. The expansive acreage offers privacy, space, and versatility, enhancing both lifestyle enjoyment and long-term desirability. Enjoy picturesque views across the Gippsland countryside, with nearby walking trails and bike paths providing the perfect setting for a relaxed, healthy, and active lifestyle. Ideal For: Owner-occupiers seeking to build a dream home with future upside Lifestyle buyers wanting space with long-term investment potential Builders and developers exploring subdivision opportunities (STCA) Key Highlights: Approximately 3.8 acres of prime land Low Density Residential Zone (LDRZ) Prominent Princes Way frontage Potential to build at the front and subdivide the rear (STCA) Fertile, productive land suitable for gardens or small-scale agriculture Scenic rural outlook with strong long-term growth prospects Conveniently Located Near: Princes Highway for easy commuting Future St Paul's Anglican Grammar School Drouin West Primary School & Drouin Secondary College Drouin Golf & Country Club Drouin town centre, cafés, shops, wineries, and essential amenities Properties offering this combination of acreage, zoning, development potential, and lifestyle appeal are becoming increasingly scarce in Drouin. 935 Princes Way presents a unique opportunity to secure a premium landholding today while positioning yourself to capitalise on future growth and development opportunities (STCA). An exceptional offering where lifestyle, location, and long-term value align. Disclaimer: All information is provided as a general guide only. Interested parties should rely on their own enquiries, investigations, and independent advice regarding zoning, planning controls, and any development or subdivision potential (STCA). No representations or warranties are made by the vendor or agent.

Property Details

Property Type
land
Listing Type
For Sale
Land Area
1.54 ha
Listed
3 months ago

Repayment calculator

$5,064/month
$2,532 /fortnight
Loan $835,600 at 6.10% over 30 years

Upfront costs

Deposit$208,900
Stamp duty$57,448
Conveyancing (est.)$2,000
Total upfront$268,348
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Drouin

This land in Drouin, VIC 3818 sits within reach of public transport, local shops and nearby schools. It is listed 17% above the $892,500 median of 68 comparable landswithin 5 km.

Schools near Drouin

  • Chairo Christian Schoolcombined · Prep-12 · CoEd
  • St Paul's Anglican Grammar School - Drouin Campuscombined · Prep-12 · CoEd
  • Drouin Primary Schoolprimary · Prep-6 · CoEd
  • St Ita's Schoolprimary · Prep-6 · CoEd
  • Drouin Secondary Collegesecondary · 7-12 · CoEd

What's nearby

  • Bennett St/Princes Way (bus)2.2 km away
  • Bakery2.6 km away
  • Hearn Park1.5 km away
  • McNeilly Park1.6 km away
  • Balmoral Park1.9 km away

Drouin at a glance

Full suburb profile
Population
15,287
Median age
39
Household income
$1,432/wk
Median rent
$330/wk
Median mortgage
$1,647/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Drouin price trend

Median sold · House 4 bed

Compound growth +0.0% / yr over 4 yrs

$700kcurrent median

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Price history

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1 price change recorded for this property

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