Back 231 Princes Way
Off Market

231 Princes Way

Drouin VIC 3818

3
1
1
1011 m²
House
Last sold for $610,000
Matt SmithMatt Smith, last sold this property on 21 August 2025 after 13 days on market.

Overview

First Time Offered – Prime Princes Way Opportunity on a Generous Block

For the very first time, 231 Princes Way, Drouin is proudly offered to the market. A rare and exciting opportunity for homeowners, investors, or developers to secure a solid brick home on a large allotment in a prime position. Set on a spacious block, this original three bedroom, one bathroom residence has been lovingly maintained and offers endless potential to renovate, extend, or redevelop (STCA). With a single car garage and wide frontage, the property offers a strong foundation in a high exposure yet family-friendly location. Positioned just minutes from Drouin's vibrant town centre, schools, cafes, shops, and public transport, and with easy freeway access, convenience is at your doorstep. Enjoy nearby Bellbird Park, sporting facilities, and local walking trails, the lifestyle appeal here is undeniable. Whether you're looking to enter the market, invest in a high growth area, or unlock future development potential, this is your chance to secure a truly unique parcel in a sought after part of town.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
1011 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Drouin over the last 12 months, the estimated median property value of 231 Princes Way is $610k.

Median value
$610k
Estimated value range
$390k - $1.25m
Median days on market
36
Estimated value trend
8%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Drouin. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 231 Princes Way

2025
Rented
Undisclosed
Leased on 09 Oct 2025 by Barry Plant Drouin
2025
Sold
$610,000
21 Aug 2025 by Matt Smith, of Barry Plant Drouin

Happy sellers in Drouin

87%
87% of sellers in Drouin reported that their sale price either exceeded or met their price expectations.

Drouin stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 75 reviews in Drouin over the last 12 months.

Local market activity for 3 bedroom houses in Drouin

In the last 12 months, 151 three-bedroom houses similar to 231 Princes Way, have been sold.

This represents a 7% increase in three-bedroom houses sales when compared to the previous 12 months.

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