508 School Road
Drung, 3401 VIC
House on a 2.58 ha block.
Property Snapshot
House3 Bed1 Bath4 Off Street2.58 ha Land
Investment Highlights
What makes 508 School Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
2.58 ha
Frontage
—
Zoning
FZ
Farming/Forestry/Mining
Why Buyers Look At This One
Walkable transport position — approx. 9km to bus, 8.1km to train station and 9.3km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
1
Parking
4 off-street
Internal Area
—
Ownership & Value
Last Sold$415k
Sold DateJuly 2024
Land Value—
RPD1\PS843521
Planning & Site
Property TypeUnknown
AccessSingle Access
Height Limit—
Max Storeys—
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$700k
Growth Since 2024
—
Price Estimate
No Price Estimate Found
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
—
3 Bed Yield
—
Vacancy
—
Rentals Last 12M
0
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
FO1 - FLOODWAY OVERLAY - SCHEDULE 1; LSIO1 - LAND SUBJECT TO INUNDATION OVERLAY - SCHEDULE 1
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: Recognition and Settlement Agreement - Wotjobaluk RSA - Traditional Owner Settlement Act. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 508 School Road.
Train Station
8.1km
Bus Stop
9km
Schools
9.3km
Road Type
tertiary
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.0%Train Station
8.1kmBus Stop
9kmCentre Zone
7.2kmRoad Type
tertiary (Medium Noise)School Catchment
9.3kmDrung Snapshot
Broader suburb metrics that support the local story.
Population
119
Owner Occupiers
88%
Social Housing
0%
Crime Index
—
Not available
High Owner Occupier Appeal
Explore Drung in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
