Drawn to coun­try life

Herald Sun - Property - - SUBURB PROFILE -

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.”

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