SOLD
Sold on 12 Mar 2024 for $588,000

24B Mcmahon Street
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 719m2
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Property Details for 24b Mcmahon St, Traralgon

Building Type
Commercial
Land Size
719m2
Local Government
Latrobe
Lot/Plan
1/LP132580

Property History for 24b Mcmahon St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$588,000
12 Mar 2024
  • 12 Mar 2024
    Sold for $588,000
  • 07 Dec 1979
    Sold for $46,000

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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 15,236 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 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 654 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.