OFF MARKET

27A Grey Street
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Floor area: 225m2
Land area: 207m2
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Property Details for 27a Grey St, Traralgon

Building Type
Commercial
Year Built
2000
Floor Size
225m2
Land Size
207m2
Local Government
Latrobe
Lot/Plan
2/PS603045

Last Listing description (July 2022)

This outstanding investment opportunity with excellent long term tenants. Prime location on the fringe of the thriving Traralgon CBD area. Current rental - $70,909pa + Outgoings + GST. Lease commenced 1/11/2019 with a term of 5 years x 5 years. CPI annual increases. Currently showing a 7.16% return.

Property History for 27a Grey St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$980,000
09 Jun 2022
  • 09 Jun 2022
    Sold for $980,000
  • 03 Jun 2022
    Listed for Sale $990,000
  • 21 Jan 2016
    Sold for $862,500
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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 15,251 properties. Over the last 5 years, Houses in Traralgon have seen a 54.38% increase in median value, while Units have seen a 55.65% increase. As at 31 December 2024:

  • The median value for Houses in Traralgon is $496,710 while the median value for Units is $324,668.
  • Houses have a median rent of $450 while Units have a median rent of $370.
There are currently 89 properties listed for sale, and 3 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 666 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.