Drawn to country life
BUYERS trying to escape rapidly rising housing prices across Melbourne’s southeast suburbs are finding refuge in Drouin.
The West Gippsland town is in the midst of a “tidal wave” out of Melbourne, as buyers discover the combination of value for money and country charm, according to O’Brien, Drouin, agent John Edwards.
Drouin is the first major town outside metropolitan Melbourne, with an 80-minute commute into the city on the Monash Freeway, or between 40 and 50 minutes on a V/Line train.
“A lot of buyers in Drouin are coming from the southeastern suburbs like Berwick and Narre Warren or inner suburbs,” he said.
The trend of people shifting out of Melbourne is like a tidal wave. They just go from suburb to suburb,” he said.
“There is so much growth, as well as development, between Pakenham and Warragul.
“They’re saying there will easily be another 2000-3000 people living in Drouin by 2019. It’s a very bright future for West Gippsland.”
Drouin’s population is already nudging 10,000 people. They have access to many services of the city and also enjoy major civic parklands, top sporting facilities and an 18hole golf course. There’s a local speedway, while Boxing Day is a highlight on the sporting calendar with an annual picnic race day at the local horse racing club.
There’s a great mix of property within a small area, including suburban blocks, development sites and farmlets between 2-4ha.
“You can be 50m from the main street and be residential and development or you can go that extra 10 minutes and you’re out in the country,” Mr Edwards said.
Prices are also an attraction, with the median house price of $317,000 well below the Melbourne median. Even new four-bedroom homes are priced in the low $400,000s.
But homebuyers weren’t the only ones casting their eye at Drouin, Mr Edwards said.
“We just had a new McDonalds built, and Aldi who purchased a substantial building in the town as well,” he said. “When you get the major brands coming in it’s a really good sign for that suburb that the growth is really happening.”