SOLD
Sold on 15 Jun 2024 for $880,000

2127 Traralgon-Maffra Road
Toongabbie VIC 3856

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 416827m2
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Property Details for 2127 Traralgon-Maffra Rd, Toongabbie

Building Type
Rural
Land Size
416827m2
Local Government
Wellington
Lot/Plan
1/PS546216

Last Listing description (September 2024)

Rural blocks in prime locations like this don't come available very often and this one is a perfect option for those seeking a serene rural lifestyle

Features:
- 103 Acres approx.

- Town water connected
- Power available but not connected
- Flat prime land
- Fully fenced
- Driveway Entry from Afflecks Road
- Potential to Build (STCA)

This property is located a short drive from the Toongabbie General Store and a mere 21km from the thriving Traralgon CBD, ensuring you have all essential amenities within reach. Act quickly - these opportunities are few and far between! Toongabbie is located approximately 2 hours East of Melbourne CBD and nestled in the foothills of the Great Dividing Range. For all building permit enquiries please contact the Wellington Shire directly.

Contact Ben on 0429 193 136 for more information or to arrange a viewing.

*Boundaries are indicative only
* Acreage is approximate only

Property History for 2127 Traralgon-Maffra Rd, Toongabbie, VIC 3856

A timeline of how this property has performed in the market
Last Sold
$880,000
15 Jun 2024
  • 15 Jun 2024
    Sold for $880,000
  • 21 Sep 2023
    Listed for Sale $1,000,000
  • 14 Nov 2019
    Sold for $450,000
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About Toongabbie 3856

The size of Toongabbie is approximately 148.8 square kilometres. It has 2 parks covering nearly 41.6% of total area. The population of Toongabbie in 2011 was 914 people. By 2016 the population was 1,000 showing a population growth of 9.4% in the area during that time. The predominant age group in Toongabbie is 50-59 years. Households in Toongabbie are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Toongabbie work in a trades occupation. In 2011, 89.8% of the homes in Toongabbie were owner-occupied compared with 89.2% in 2016.

Toongabbie has 526 properties. Over the last 5 years, Houses in Toongabbie have seen a 67.10% increase in median value, while Units have seen a 164.80% increase. As at 31 October 2024:

  • The median value for Houses in Toongabbie is $664,600 while the median value for Units is $623,152.
There are currently 8 properties listed for sale, and no properties listed for rent in Toongabbie on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Toongabbie.

Suburb Insights for Toongabbie 3856

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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.