SOLD
Sold on 14 May 2024 for $290,000

19 Cambridge Way
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 640m2
Sold By
Alan Whitty
Wilson Property
Matt Johnson
Wilson Property
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Property Details for 19 Cambridge Way, Traralgon

Building Type
Land
Land Size
640m2
Local Government
Latrobe
Lot/Plan
113/PS733684

Last Listing description (June 2024)

One of the last remaining titled vacant allotments in the ever popular Franklin Place Estate. Surrounded by many of Traralgon's finest homes and all within walking distance to the CBD, this property represents an excellent opportunity for those wishing to build now without delay. Additional features include:
- Wide 20m frontage ideal for accommodating a second drive way.
- A flat allotment and perfectly regular in shape.

- North facing to the rear, an excellent orientation to build living areas bathed in natural light.
- Spectacular wetlands and park with walking tracks directly behind.
- A short stroll into the CBD and surrounding cafes/restaurants.
- NBN (FTTP) internet connection available.
- Will be fenced on sides and rear before settlement.
- Titled and ready to build on today!

Property History for 19 Cambridge Way, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$290,000
14 May 2024
  • 14 May 2024
    Sold for $290,000
  • 02 Apr 2024
    Listed for Sale $299,000
  • 11 Aug 2023
    Listed for Sale $330,000
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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.