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
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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
5/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

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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 15,250 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 89 properties listed for sale, and 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 652 properties were sold in the past 12 months in Traralgon.

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