SOLD
Sold on 10 Sep 2023 for $275,000

1/218-220 Kay Street
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 88m2
Land area: 180m2
Sold By
Jake Gardam
Keith Williams Real Estate
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Property Details for 1/218-220 Kay St, Traralgon

1/218-220 Kay St, Traralgon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 180m2 and floor size of 88m2. While the property is not currently for sale or for rent, it was last sold in September 2023. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
88m2
Land Size
180m2
Local Government
Latrobe
Lot/Plan
1/RP17855

Last Listing description (December 2023)

Overlooking the picturesque Kay Street Gardens, this well-maintained brick unit presents a perfect opportunity for those looking to grow their investment portfolio within a booming town.

The Details:
- Open plan layout, capturing natural light

- Neat kitchen with gas cooking
- Two spacious bedrooms, both with robes
- Bathroom offers separate shower & bath
- Low maintenance secure rear yard
- Single lockup garage

Currently leased to a fantastic renter until June 2024 at $245pw, this secure investment opportunity is an obvious choice.

Contact Jake Gardam on 0412 594 439

Property History for 1/218-220 Kay St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$275,000
10 Sep 2023
Listed for Rent
$210/w
23 Mar 2015
  • 10 Sep 2023
    Sold for $275,000
  • 28 Aug 2023
    Listed for Sale $285,000
  • 16 Mar 2015
    Listed for Rent - Price not available
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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 15,192 properties. Over the last 5 years, Houses in Traralgon have seen a 72.76% increase in median value, while Units have seen a 57.88% increase. As at 31 July 2024:

  • The median value for Houses in Traralgon is $536,382 while the median value for Units is $326,753.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 107 properties listed for sale, and 6 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 648 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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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.