SOLD
Sold on 08 Mar 2024 for $307,000

16 Miles Street
Traralgon VIC 3844

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 607m2
Sold By
First National Real Estate Latrobe
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Property Details for 16 Miles St, Traralgon

16 Miles St, Traralgon is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 607m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Traralgon in the last 12 months.

Building Type
House
Land Size
607m2
Local Government
Latrobe
Lot/Plan
3/LP70314

Last Listing description (April 2024)

Explore the potential of 16 Miles Street, Traralgon - an ideal investment that combines comfort and value.

Tailored for investors, this property offers:

- 3 bedrooms, all generous in size.

- Well-appointed lounge area with plenty of space for the whole family.

- Functional kitchen with gas cooking, dishwasher, ample storage and adjacent meals area.

- Main bathroom with shower over the bath and separate laundry with extra storage.

- Comforted throughout by a weather wall air con for year-round comfort.

- Outside you'll find a large backyard, with plenty of space for kids and pets to play.

- A single carport for convenient parking.

- An undercover entertainment area and solar panels on the roof.

- Currently leased at $325 per week this house would make a fantastic addition to your rental portfolio. Positioned on an approx. 607sqm block, this property offers loads of potential for the most discerning of buyers.

For more details or to arrange a viewing, contact Simon Burns at 0421 333 114.

Property History for 16 Miles St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$307,000
08 Mar 2024
Listed for Rent
$325/w
26 Jul 2023
  • 08 Mar 2024
    Sold for $307,000
  • 29 Jan 2024
    Listed for Sale $319,000
  • 10 Jul 2023
    Listed for Rent $325 / week
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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.