FOR SALE
$365,000

8 Mafeking Road
Traralgon VIC 3844

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 617m2
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An Obvious Investment!

Looking to expand your investment portfolio? This attractively priced and well located home offers an excellent opportunity to secure a solid rental return with a tenant in place until January 2025. With ongoing demand for residential housing, this property is a smart choice for investors seeking reliable income and long term growth potential.
The Details:
- Rented until January 2025 @ $390pw
- Light filled lounge with hardwood floors
- 3 well sized & carpeted bedrooms
- Kitchen offers gas cooking & dishwasher
- Central bathroom with shower, vanity & toilet
- Split system heating and cooling
- Single garage with great workshop/storage space
- Approximate 617m2 block with secure rear yard
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Property Details for 8 Mafeking Rd, Traralgon

8 Mafeking Rd, Traralgon is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 617m2. The place is currently for sale with Keith Williams Estate Agency.

Building Type
House
Land Size
617m2

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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 15,233 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 1 property listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 660 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Jake Gardam
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Keith Williams Estate Agency
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Disclaimer
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.