SOLD
RECENT ADVICE
Sold on 10 Oct 2024 for $300,000

2/4 Farren Close
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 570m2
Sold By
Wilson Property
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Property Details for 2/4 Farren Cl, Traralgon

2/4 Farren Cl, Traralgon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 570m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1980
Floor Size
80m2
Land Size
570m2
Local Government
Latrobe
Lot/Plan
CM/RP16178

Last Listing description (October 2024)

With all the essentials covered, this immaculate two bedroom unit is the perfect choice for those wanting a convenient low maintenance lifestyle and offers a great opportunity for those looking to downsize, start out or invest.

Additional features include:
- Two generously sized bedrooms, both with built-in robes.

- Central bathroom with separate shower and bath.
- Kitchen with ample storage and gas free standing oven.
- Split system air conditioning.
- Freshly painted throughout and new carpets.
- Fully enclosed yard, accompanied by an undercover outdoor area.
- Single car garage with additional storage to the rear.
- Potential rental return of $320 p/w

Property History for 2/4 Farren Cl, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$300,000
10 Oct 2024
Listed for Rent
$230/w
17 Apr 2020
  • 10 Oct 2024
    Sold for $300,000
  • 18 Jul 2024
    Listed for Sale $309,500
  • 14 Feb 2020
    Listed for Rent $230 / 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 15,235 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 95 properties listed for sale, and 3 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 660 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.