SOLD
Sold on 09 Sep 2024 for $281,000

3 Duke Road
Traralgon VIC 3844

Bedrooms: 4
Bathrooms: 2
Car spaces: -
Floor area: 157m2
Land area: 558m2
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Property Details for 3 Duke Rd, Traralgon

Building Type
Land
Year Built
2025
Floor Size
157m2
Land Size
558m2
Local Government
Latrobe
Lot/Plan
212/PS904027

Last Listing description (May 2023)

Located in the brand-new Silverwood Estate in , this vacant block offers the perfect opportunity to build your dream home or investment house. With a great location & ample land space, this property is the ideal investment for those seeking to generate a steady passive income while enjoying a comfortable lifestyle.

Whether you are a seasoned property investor or a first-time buyer, this is a great opportunity not to be missed. With the ever growing popularity of AirBNB rentals, this block offers a chance to tap into a lucrative market, while also enjoying the benefits of living in a peaceful & tranquil environment. The location is within a short distance of all local amenities including Schools, Train Station, Hospital & Major Retail Outlets, making it a desirable residential area for both short & long term renters.


So if you are looking for the right investment deal, why wait? Call me Beau Deal on 0455501743.

Property History for 3 Duke Rd, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$281,000
09 Sep 2024
  • 09 Sep 2024
    Sold for $281,000
  • 21 Apr 2023
    Listed for Sale $340,000

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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 15,250 properties. Over the last 5 years, Houses in Traralgon have seen a 62.11% increase in median value, while Units have seen a 57.16% increase. As at 30 November 2024:

  • The median value for Houses in Traralgon is $513,518 while the median value for Units is $326,907.
  • Houses have a median rent of $450 while Units have a median rent of $363.
There are currently 90 properties listed for sale, and 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 650 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.