SOLD
Sold on 12 Sep 2024 for $305,000

4/16 Berry Street
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 150m2
Sold By
Wilson Property
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Property Details for 4/16 Berry St, Traralgon

4/16 Berry St, Traralgon is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1975. The property has a land size of 150m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1975
Floor Size
100m2
Land Size
150m2
Local Government
Latrobe
Lot/Plan
4/RP12176

Last Listing description (October 2024)

Great opportunity for an investor or owner-occupier interested in downsizing to a low-maintenance 2-bedroom freestanding unit in what is arguably one of Traralgon's best locations.

Additional features are:
- Two well-sized bedrooms, both with BIRs and an upstairs balcony.

- Large open plan lounge adjoining a modernized kitchen with a dishwasher, stainless steel appliances, and breakfast bar.
- Modernized bathroom with shower and bath.
- Private paved rear courtyard and a good-sized front yard.
- Separate driveway access with a single garage and roller door.
- Air conditioning.
- Located on a beautiful tree line street, this property is only a short walk to Food & Co, the CBD and a stone throw away to sporting facilities.
- Potential rental return of $360-$380 p/w

Property History for 4/16 Berry St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$305,000
12 Sep 2024
Listed for Rent
$295/w
19 Jan 2021
  • 12 Sep 2024
    Sold for $305,000
  • 25 Jun 2024
    Listed for Sale $319,000
  • 08 Aug 2023
    Listed for Sale Not Disclosed
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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 15,233 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 92 properties listed for sale, and 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 656 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.