Lot 9 Orvis St, Drouin VIC

Drouin, Gippsland, VIC, 3818

$ 665,850

Drouin, Gippsland, VIC, 3818
Lot 9 Orvis St, Drouin VIC-0
Lot 9 Orvis St, Drouin VIC-1
Lot 9 Orvis St, Drouin VIC-2
Lot 9 Orvis St, Drouin VIC-3
Lot 9 Orvis St, Drouin VIC-4

Property Images

Lot 9 Orvis St, Drouin VIC-0 Lot 9 Orvis St, Drouin VIC-1 Lot 9 Orvis St, Drouin VIC-2 Lot 9 Orvis St, Drouin VIC-3 Lot 9 Orvis St, Drouin VIC-4

Overview

Property ID: LA-17364

  • Co-Living
  • Property Type
  • 4
  • Bedrooms
  • 3
  • Bathrooms
  • 2
  • Cars
  • 174

Details

Updated on Sep 01, 2025 at 10:57 am

Property Type: Co-Living
Price: $ 665,850
Land Price: $ 292,500
Build Price: $ 373,350
Gross Per Week: $ 810*
Gross Per Annum: $ 42,120
Gross Yield: 6.33%
Capital Growth 12 Months: -3.88%
Capital Growth 10 Year Annualised: 6.51%
Vacancy Rate: 0.37%
Property Size: 174 m2
Land Area: 390 m2
Bedrooms: 4
Bathrooms: 3
Parking: 2
Title Status: April 2026
Property ID: 17364
SKU: 1029

Description

This modern co-living property in Highfields Estate, Drouin VIC, offers an excellent investment opportunity with its 4 bedrooms, 3 bathrooms, and double garage. Set on a 390sqm block with a well-designed 174sqm home, this turnkey package is ideal for investors seeking strong growth potential. With a title expected in April 2026, the home provides a balance of comfort and long-term value.

Suburb profile:

Drouin is a thriving town in the Gippsland region of Victoria, known for its community charm, growing population, and easy access to Melbourne via the Princes Freeway. The suburb features schools, shops, and recreational facilities, making it highly attractive to families and professionals. With its mix of rural charm and urban convenience, Drouin continues to grow as a sought-after residential destination for both homeowners and investors.


Inclusions:

  • 100% full turnkey price including landscaping, fencing and driveway
  • 2590mm ceilings for added space and comfort
  • 900mm stainless steel appliances
  • Gas ducted heating and split system cooling
  • LED downlights throughout
  • 6-star energy rating
  • Solar hot water system with gas booster

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 included

Internal Inclusions:

  • Plasterboard walls, ceilings and cornices
  • Carpet, tiles and laminate flooring as per plan
  • 2040mm high flush panel doors with lever handles
  • Full internal painting with 3-coat system

External Inclusions:

  • Concrete roof tiles, Colorbond fascia, gutter and downpipes
  • Brickwork with natural colour mortar and rolled joints
  • Feature 2040mm high front entry door with glazing
  • Panelift garage door with motor and remotes

Landscaping Inclusions:

  • Front and rear landscaping including turf, plants, mulch and toppings
  • Irrigation connected to garden taps with timers
  • Timber fencing with wing fence and gate
  • Clothesline included

Electrical Inclusions:

  • Double power points throughout
  • Weatherproof LED flood light with sensor
  • Hardwired smoke detectors with backup
  • TV and phone points plus estate-specific antenna

Appliance Inclusions:

  • 900mm stainless steel upright cooker and canopy rangehood
  • Stainless steel dishwasher
  • 20mm Caesarstone benchtops in kitchen and bathrooms

Energy Efficiency:

  • 6-star energy rating
  • Solar hot water system with gas booster
  • Insulation to walls and ceilings
  • Self-sealing exhaust fans

Warranties:

  • 10-year structural warranty
  • Home owners warranty included
  • 3-month maintenance period

This co-living property offers an outstanding opportunity for investors, combining turnkey inclusions with a high-growth location in Gippsland, ensuring strong long-term rental demand and capital growth.

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 9 Orvis St, Drouin VIC
City 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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