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 15,179 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 102 properties listed for sale, and 1 property listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 631 properties were sold in the past 12 months in Traralgon.

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Jake Gardam
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Keith Williams Estate Agency
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