Lot 121 Balladonia Avenue, Drouin VIC

Drouin, West Gippsland , VIC, 3818

$ 717,350

Drouin, West Gippsland , VIC, 3818
Lot 121 Balladonia Avenue, Drouin VIC-0
Lot 121 Balladonia Avenue, Drouin VIC-1
Lot 121 Balladonia Avenue, Drouin VIC-2
Lot 121 Balladonia Avenue, Drouin VIC-3
Lot 121 Balladonia Avenue, Drouin VIC-4

Property Images

Lot 121 Balladonia Avenue, Drouin VIC-0 Lot 121 Balladonia Avenue, Drouin VIC-1 Lot 121 Balladonia Avenue, Drouin VIC-2 Lot 121 Balladonia Avenue, Drouin VIC-3 Lot 121 Balladonia Avenue, Drouin VIC-4

Overview

Property ID: LA-17365

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 180

Details

Updated on Aug 25, 2025 at 06:46 pm

Property Type: Co-Living
Price: $ 717,350
Land Price: $ 345,000
Build Price: $ 372,350
Gross Per Week: $ 810*
Gross Per Annum: $ 42,120
Gross Yield: 5.87%
Capital Growth 12 Months: -3.88%
Capital Growth 10 Year Annualised: 6.51%
Vacancy Rate: 0.37%
Property Size: 180 m2
Land Area: 448 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: December 2026
Property ID: 17365
SKU: 1029

Description

This stunning co-living property in Drouin VIC offers the perfect blend of privacy and community living. With 4 spacious bedrooms, 3 modern bathrooms, and a double garage, it’s designed for both comfort and convenience. Featuring a total house size of 180m² on a 448m² lot, this turnkey home in the Altura Estate includes premium finishes and a stylish façade, making it an ideal investment opportunity.

Suburb profile:

Drouin is a fast-growing suburb located in the West Gippsland region of Victoria. Known for its family-friendly atmosphere, green open spaces, and strong community feel, Drouin has become a sought-after location for homeowners and investors alike. With excellent transport links, quality schools, and access to shopping and lifestyle amenities, it offers a balanced lifestyle with both convenience and natural beauty. Its proximity to Warragul and direct V/Line connections to Melbourne make it an attractive option for commuters as well.


Inclusions:

  • 100% full turnkey price
  • Landscaping, fencing, and driveway included
  • 2590mm ceilings
  • 900mm appliances

Site Inclusions - Site Works, Foundations & Connections:

  • Fixed price site costs including rock excavation
  • Engineered waffle slab
  • Pine wall frames and roof trusses
  • All service connections (excluding consumer account opening and fibre optic connection if applicable)

Internal Inclusions:

  • Plasterboard walls, ceilings, and cornice
  • 67mm single bevel architrave and skirting
  • 75mm scotia cornice
  • Flush panel internal doors with lever handles
  • Wardrobes with melamine shelving and hanging rails
  • Venetians to front windows, roller blinds to remaining windows and sliding doors
  • Carpet, timber laminate, and tile floor coverings as per plan

External Inclusions:

  • Concrete roof tiles
  • Colorbond fascia, gutter, and downpipes
  • Bricks with natural colour mortar and rolled joints
  • Feature 2040mm high x 820mm wide front entry door with clear glazing
  • Colorbond sectional garage door with remote controls

Landscaping Inclusions:

  • Front and rear landscaping with turf, plants, mulch, and toppings
  • Irrigation system with timers
  • Timber fencing including wing fence and gate
  • Clothesline and letterbox included

Electrical Inclusions:

  • Double power points throughout
  • LED downlights
  • Weatherproof LED floodlight with sensor
  • Hardwired smoke detectors with battery backup
  • TV and phone points

Appliance Inclusions:

  • 900mm stainless steel upright cooker and canopy rangehood
  • Stainless steel dishwasher
  • 20mm Caesarstone benchtops with square edge
  • Stainless steel double bowl sink and mixer tap

Energy Efficiency:

  • 7 Star Energy Rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans and external venting

Warranties:

  • Independent quality inspections
  • 3-month maintenance period
  • 10-year structural warranty

This premium co-living property in Drouin VIC is a high-quality, turnkey investment offering long-term value and strong rental potential.

A co-living property is a type of shared accommodation that offers private bedrooms with ensuite bathrooms and communal spaces such as kitchens, living rooms, dining areas, laundry facilities and outdoor areas.

Co-living properties are designed to foster a sense of community, convenience and comfort among the residents, who can enjoy the benefits of having their own space as well as socialising with like-minded people.

A co-living property attracts tenants who are looking for an affordable, flexible and hassle-free living option that suits their lifestyle and needs.

Co-living tenants are typically young professionals, students, digital nomads, entrepreneurs, creatives and seniors who value convenience, connectivity and collaboration.

A co-living property offers benefits to an investor who is looking for a high-yield, low-risk and future-proof investment opportunity.

Co-living properties have a higher occupancy rate, lower vacancy rate and lower turnover rate than traditional rental properties, as they cater to the growing demand for affordable and flexible housing solutions in urban areas.

Co-living properties also have higher capital growth potential, as they are generally located in prime locations with access to transport, education, employment and entertainment hubs.

You can read more about Co-Living here: https://ausinvestmentproperties.com.au/blogs/co-living-the-future-of-australian-housing

Disclaimer*

All details shown have been provided by third parties, for full details and inclusions please refer to the land and building contracts.

Address Lot 121 Balladonia Avenue, Drouin VIC
City West Gippsland
State VIC
Postcode 3818
Suburb Drouin

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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.

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