Lot 1028 Ferntree Ridge Estate, Drouin VIC

Drouin, West Gippsland , VIC, 3818

$ 799,990

Drouin, West Gippsland , VIC, 3818
Lot 1028 Ferntree Ridge Estate, Drouin VIC-0
Lot 1028 Ferntree Ridge Estate, Drouin VIC-1

Property Images

Lot 1028 Ferntree Ridge Estate, Drouin VIC-0 Lot 1028 Ferntree Ridge Estate, Drouin VIC-1

Overview

Property ID: LA-21034

  • Dual Key
  • Property Type
  • 3+2
  • Bedrooms
  • 2+1
  • Bathrooms
  • 1+1
  • Cars
  • 213

Details

Updated on Mar 23, 2026 at 11:21 am

Property Type: Dual Key
Price: $ 799,990
Land Price: $ 285,000
Build Price: $ 514,990
Gross Per Week: $ 910
Gross Per Annum: $ 47,320
Gross Yield: 5.92%
Capital Growth 12 Months: 6.57%
Capital Growth 10 Year Annualised: 8.41%
Vacancy Rate: 0.02%
Property Size: 213 m2
Land Area: 407 m2
Bedrooms: 3+2
Bathrooms: 2+1
Parking: 1+1
Title Status: Titled
Property ID: 21034
SKU: 1026

Description

Discover the best of modern living with this Dual Key in Drouin. Offering 3+2 bedrooms, 2+1 bathrooms and 1+1 car spaces, it has been designed for comfort, ease of living and long-term durability. From its thoughtful layout to its low-maintenance features, this property makes everyday living simple and rewarding. Perfect for investors, it also provides lifestyle appeal for those seeking a place to call home. It’s a versatile choice that ticks every box.


Suburb profile:

Drouin is a growing township in West Gippsland, located approximately 90km southeast of Melbourne. With strong rail connectivity to the CBD and increasing residential development, Drouin offers a balance between lifestyle and investment appeal. The area benefits from established schools, retail centres, and community facilities. Ongoing regional migration and affordability continue to support rental demand and capital growth potential.


Inclusions:

  • Stainless steel kitchen appliances including dishwasher
  • Elevated 2.55m ceiling heights throughout
  • Laminate timber flooring to living areas and quality carpet to bedrooms
  • Air conditioning as per plans
  • LED downlights to living areas and bedrooms
  • Ceiling fans to living areas and bedrooms
  • Driveway, fencing, garden taps, and turf to front and rear
  • Clothesline, letterbox, antenna, and blinds
  • Site works, council charges, and standard construction costs included

Designed to perform in today’s rental market, this Dual Key in Drouin combines reliable yield with capital appreciation potential. It’s a well-rounded opportunity that fits both short-term goals and long-term strategies. A solid investment you can depend on.

Dual Key Properties stand as a prime choice for investors seeking innovative solutions to maximize their returns.

These properties are ingeniously designed to include two separate living spaces within one structure, allowing for dual rental income streams from a single investment.

This setup not only enhances the property's rental yield but also offers flexibility in tenant demographics, ranging from young professionals to small families.

The distinct separation of spaces ensures privacy while maintaining the potential for a communal lifestyle, catering to the modern tenant's desire for adaptable living arrangements.

Address Lot 1028 Ferntree Ridge Estate, Drouin VIC
City West Gippsland
State VIC
Postcode 3818
Suburb Drouin
Estate Ferntree Ridge Estate

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Capital Growth 12 months, measures the increase in a property’s value over the previous 12 months, indicating how much the investment has appreciated in that timeframe.

Capital Growth 10-year annualised, reflects the average annual increase in a property’s value over the last decade, smoothing out short-term fluctuations to show long-term appreciation trends.

Vacancy Rate, indicates the percentage of properties that are currently unoccupied in that postcode, It’s a key indicator for investors to assess the rental demand.

SMSF Property Investing, when investing inside your SMSF there are some restrictions on how you can purchase investment properties. We use the following information to help navigate the SMSF investment property options.

This property is a single-contract property suitable for an SMSF.

SMSF Single Contract

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