SOLD
Sold on 26 Mar 2024 for $610,000

5 Sanctuary Lane
Traralgon VIC 3844

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 171m2
Land area: 732m2
Sold By
First National Real Estate Latrobe
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Property Details for 5 Sanctuary Lane, Traralgon

5 Sanctuary Lane, Traralgon is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 2000. The property has a land size of 732m2 and floor size of 171m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 4 bedroom House sold in Traralgon in the last 12 months.

Building Type
House
Year Built
2000
Floor Size
171m2
Land Size
732m2
Local Government
Latrobe
Lot/Plan
2/PS633177

Last Listing description (May 2024)

Welcome to 5 Sanctuary Lane, Traralgon. This beautifully designed home on an approx. 732sqm block seamlessly blends an open plan layout, featuring a modern kitchen, dining, and living area, with a separate, cozy living space at the front of the house, perfect for quiet evenings or as a formal entertainment area.

The heart of the home is the modern kitchen, equipped with gas cooking, a dishwasher, and an abundance of storage, ensuring both functionality and style. Four generously sized bedrooms offers flexibility with the option to utilise one as a study, catering to the needs of any family dynamic. The expansive main bedroom boasts a large walk-in robe and an ensuite with a stand-up shower, promising privacy and comfort. The additional three bedrooms are well-sized, with two featuring built-in robes, complemented by a main bathroom that includes a stand-up shower, a built-in bath, and a separate toilet with its own access for added convenience.

For year-round comfort, this home is equipped with ducted heating and a split system heating/cooling unit in the main living area. A double lock-up garage with remote entry provides security and convenience. The fully enclosed backyard and low-maintenance gardens offer a peaceful outdoor sanctuary for relaxation or entertainment.

Currently rented until 27/10/2024 at $500 per week to fantastic tenants, this property not only represents an ideal family home but also an excellent investment opportunity. For more information or to arrange an inspection, please contact Simon Burns on 0421 333 114 or Sarah Jeffery on 0477 013 311. Don't miss out on the chance to make 5 Sanctuary Lane your new home!

Property History for 5 Sanctuary Lane, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$610,000
26 Mar 2024
Listed for Rent
$490/w
19 Sep 2022
  • 26 Mar 2024
    Sold for $610,000
  • 05 Mar 2024
    Listed for Sale $629,000
  • 07 Sep 2022
    Listed for Rent $490 / 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 15,192 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.
There are currently 107 properties listed for sale, and 6 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 648 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.