SOLD
Sold on 19 Apr 2024 for $225,000

4/43 Francis Street
Traralgon VIC 3844

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 52m2
Sold By
Racquel Dickson
First National Real Estate Latrobe
Simon Burns
First National Real Estate Latrobe
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Property Details for 4/43 Francis St, Traralgon

4/43 Francis St, Traralgon is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a floor size of 52m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 1 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
52m2
Local Government
Latrobe
Lot/Plan
4/PS714291

Last Listing description (May 2024)

Investors, are you looking for a low maintenance property that provides a great rental income with an impressive yield? Look no further than 4/43 Francis Street Traralgon. This property offers a quiet and relaxed lifestyle that would make a fantastic addition to your investment portfolio.

Featuring a large main bedroom with a built-in robe, adjacent to the bathroom, and a spacious living area comforted by split system air-conditioning, this property is perfect for tenants seeking comfort and convenience. The modern kitchen is well-designed with gas cooking, ample storage, in-kitchen dining, and a European laundry, making a great use of space.

Currently leased for $310 per week, this unique property generates an annual yield of approximately 6.4%. With such a high return on investment, you won't want to miss out on this opportunity.

For further information and to book an inspection, please contact Simon Burns on 0421 333 114. Don't wait, secure your investment in Traralgon today!

Property History for 4/43 Francis St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$225,000
19 Apr 2024
Listed for Rent
$300/w
21 Dec 2021
  • 19 Apr 2024
    Sold for $225,000
  • 13 Apr 2023
    Listed for Sale $249,000
  • 21 Dec 2021
    Listed for Rent $300 / week
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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 89 properties listed for sale, and 1 property listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 660 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.