3/71 Grey StreetTraralgon VIC 3844
Property Details for 3/71 Grey St, Traralgon
3/71 Grey St, Traralgon is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 85m2 and floor size of 46m2. While the property is not currently for sale or for rent, it was last sold in February 2023.
Last Listing description (February 2023)
**Initial inspections are virtual, please view our VR (Virtual Reality) 360 Property Tour by copying and pasting this link to your browser** bit.ly/KeenRE3_71_Grey
Attention Investors! Here's an opportunity to secure a prime piece of entry level real estate in the highly sought-after suburb of Traralgon.
This well presented unit is the perfect addition to any investment portfolio. The property is currently leased till November 2023, providing a steady income stream of $220 per week.
The open-plan tiled living and dining area seamlessly flow to the updated kitchen featuring stainless steel appliances, ample storage, and plenty of bench space. Split cooling and heating provide year round comfort.
A single bedroom offers generous cupboard space. The main bathroom is modern and well-appointed, complete with a shower, vanity, separate toilet and laundry facility.
An easy to maintain backyard and single carport provide tenants with a comfortable and secure living environment. The property is located in the heart of Traralgon, with easy access to all amenities, including shops, cafes, restaurants, and public transport.
With a solid rental return and a great location, this is a smart investment choice.
Property History for 3/71 Grey St, Traralgon, VIC 3844
- 08 Feb 2023Sold for $259,000
- 23 Jan 2023Listed for Sale $259,000
- 31 Oct 2022Listed for Rent $220 / week
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0About 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 15,189 properties. Over the last 5 years, Houses in Traralgon have seen a 62.97% increase in median value, while Units have seen a 55.07% increase. As at 30 September 2024:
- The median value for Houses in Traralgon is $518,149 while the median value for Units is $320,225.
- Houses have a median rent of $450 while Units have a median rent of $360.
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