SOLD
Sold on 08 Mar 2024 for $350,000

2/2 Hyde Park Road
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 427m2
Sold By
First National Real Estate Latrobe
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Property Details for 2/2 Hyde Park Rd, Traralgon

2/2 Hyde Park Rd, Traralgon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 427m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
96m2
Land Size
427m2
Local Government
Latrobe
Lot/Plan
2/SP21232

Last Listing description (June 2024)

The prime location is the highlight of this delightful residence, just a short walk away from sports facilities and a hop, skip and jump from Traralgons lively CBD. Some of the notable features included in this fully refurbished unit are :

A generously sized master bedroom with built-in robes and an adjoining second bedroom.

A spacious open-plan living area with a split system air conditioner.

Beautifully appointed new kitchen boasting all new appliances, dishwasher and ample storage.

A refurbished bathroom with a separate shower and large vanity.

A fully fitted out laundry with great storage space.

A single carport with plenty of space for additional vehicles.

The enclosed rear yard serves as a handy retreat after a day's work, providing a tranquil spot to unwind while enjoying the afternoon sun.

Notably, being one of only two units on the block, there are no body corporate fees.

Currently, the property is leased to an excellent tenant who is keen to continue their stay. Either make this a worthy addition to your Investment Portfolio or purchase the unit as a low maintenance alternative where you can leave the car behind and walk everywhere!

Property History for 2/2 Hyde Park Rd, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$350,000
08 Mar 2024
Listed for Rent
$360/w
02 Mar 2022
  • 08 Mar 2024
    Sold for $350,000
  • 25 Jan 2024
    Listed for Sale $359,000
  • 28 Jan 2022
    Listed for Rent $360 / 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 15,233 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 89 properties listed for sale, and 1 property listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 655 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.