FOR SALE
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115 Melrossa Road
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 5ac
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Residential Development Site Opportunity!!

RIC REALTY GROUP is pleased to exclusively bring to market residential development site in Traralgon. Set on approx. five acres with two side frontages with Melrossa Road of approx. 290M long. its flat land & will have opportunity of better yield.
This rectangular & corner block offers an exceptional potential for future development as being part of Traralgon South East PSP and positioned perfectly within the General Residential Zone.
Key Features:
- Size 5 Acres
- Zoning GRZ3 – General Residential Zone
- Rectangular & Corner Block
- Development Site
- Suitable for sub-division (S.T.C.A)
- Traralgon South East PSP
- All big retail shops, supermarkets & food outlets are available in Traralgon
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Property Details for 115 Melrossa Rd, Traralgon

Building Type
Land
Land Size
5ac

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About Traralgon 3844

The size of Traralgon is approximately 56.3 square kilometres. It has 78 parks covering nearly 4.3% of total area. The population of Traralgon in 2011 was 23,834 people. By 2016 the population was 24,924 showing a population growth of 4.6% in the area during that time. The predominant age group in Traralgon is 20-29 years. Households in Traralgon are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation. In 2011, 69.5% of the homes in Traralgon were owner-occupied compared with 68.8% in 2016.

Traralgon has 15,234 properties. Over the last 5 years, Houses in Traralgon have seen a 62.37% increase in median value, while Units have seen a 54.09% increase. As at 31 October 2024:

  • The median value for Houses in Traralgon is $519,609 while the median value for Units is $317,053.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 89 properties listed for sale, and 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 654 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Ajay Pal
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Alap Patel
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RIC REALTY - RESIDENTIAL * INDUSTRIAL * COMMERCIAL
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.