Back 5 Victoria St
Off Market

5 Victoria St

Drouin VIC 3818

3
2
1
0 m²
836 m²
House
Last sold for $640,000
Keith SloanKeith Sloan, last sold this property on 03 February 2026 after 62 days on market.

Overview

A charming 1950s classic with outstanding development potential.

Situated less than 1km from Drouin's town centre, schools and train station, this beautifully renovated home is positioned on an impressive 836sqm (approx.) corner allotment, offering exceptional scope for future development (STCA). The current residence exudes warmth and character, featuring fireplaces, hardwood timber floors and picture rails throughout. The floorplan comprises three bedrooms including a master with ensuite, a bright open plan living area, a stylish modern kitchen with new appliances, and a renovated bathroom/laundry combination—making it an appealing home to live in or lease while planning your project. Outside, the property boasts a spacious backyard, North-facing entertaining deck and single garage—yet the real highlight is the **significant development potential**. With its corner orientation and generous land size, the site is ideal for 2–3 additional townhouses at the rear, subject to council approval. Whether you're a seasoned developer, investor or buyer looking for future upside, this is an opportunity not to be missed in a tightly held and rapidly growing pocket of Drouin.

Features

3 bedrooms
2 bathrooms
1 carspace
1 garage space
0 m² floor area
836 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 5 Victoria St is $610.25k.

Median value
$610.25k
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 5 Victoria St

2026
Sold
$640,000
03 Feb 2026 by Keith Sloan, of Stockdale & Leggo Central
2023
Sold
$585,000
16 May 2023 by Clare Rocke, of OBrien Real Estate | Clark - Drouin
2023
Sold
$585,000
16 May 2023 by Clare Rocke, of OBrien Real Estate | Clark - Warragul

Happy sellers in Drouin

86%
86% 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 76 reviews in Drouin over the last 12 months.

Local market activity for 3 bedroom houses in Drouin

In the last 12 months, 142 three-bedroom houses similar to 5 Victoria St, have been sold.

This represents a 6% increase in three-bedroom houses sales when compared to the previous 12 months.

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