SOLD
Sold on 26 Feb 2024 for $210,000

2/31 Davidson Street
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 70m2
Land area: 98m2
Sold By
Wilson Property
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Property Details for 2/31 Davidson St, Traralgon

2/31 Davidson St, Traralgon is a 2 bedroom, 1 bathroom House and was built in 1980. The property has a land size of 98m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Traralgon in the last 12 months.

Building Type
House
Year Built
1980
Floor Size
70m2
Land Size
98m2
Local Government
Latrobe
Lot/Plan
7/RP14726

Last Listing description (May 2024)

This humble home presents a rare chance for low maintenance investing with above average yield on Davidson Street. The hidden gem neatly positioned near the Harold Preston Reserve, offers 2 bedrooms, a central bathroom, a generous living zone, off street parking and it has gardens maintained by the owner's corporation.
Occupied by a renter, who treats the unit as if it were their own, this opportunistic venture will benefit both brand new investors and the seasoned investors alike.

Additional features include:

- Split system air conditioning
- Currently rented at $260 per week
- Close proximity to sporting grounds, walking tracks, public transport and the CBD
- Gardens maintained by Owner's Corporation

Property History for 2/31 Davidson St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$210,000
26 Feb 2024
Listed for Rent
$260/w
19 May 2023
  • 02 Apr 2024
    Listed for Sale $235,000
  • 26 Feb 2024
    Sold for $210,000
  • 02 May 2023
    Listed for Rent $260 / 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, 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.