4/43 Francis StreetTraralgon VIC 3844
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.
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
- 19 Apr 2024Sold for $225,000
- 13 Apr 2023Listed for Sale $249,000
- 21 Dec 2021Listed for Rent $300 / 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 15,192 properties. Over the last 5 years, Houses in Traralgon have seen a 72.76% increase in median value, while Units have seen a 57.88% increase. As at 31 July 2024:
- The median value for Houses in Traralgon is $536,382 while the median value for Units is $326,753.
- Houses have a median rent of $450 while Units have a median rent of $360.
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