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Sold on 11 Jul 2024 for $291,000

6/63 Bank Street
Traralgon VIC 3844

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 70m2
Land area: 243m2
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Property Details for 6/63 Bank St, Traralgon

6/63 Bank St, Traralgon is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 243m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Traralgon in the last 12 months.

Building Type
Unit
Year Built
1990
Floor Size
70m2
Land Size
243m2
Local Government
Latrobe
Lot/Plan
12/SP34899

Last Listing description (July 2024)

This 2 bedroom, 1 bathroom unit is currently rented for $275 per week until March 2024, making it a great option for anyone looking for a steady stream of income. The residence boasts a single detached carport, split system cooling and gas wall furnace, providing a comfortable and practical living space.
The abode is in a fantastic location, just a 2 minute walk to the closest bus stop, and nearby to the Hazelwood Road shops, ensuring that your renters will have everything they need right at their fingertips. The spacious living area and two good-sized bedrooms make this unit perfect for singles or couples looking for a low-maintenance lifestyle.
Not only is this unit in great condition, but it has also been well-maintained, ensuring that it will continue to be an attractive option for renters or owner-occupiers for years to come.

Additional features include:

- Two generously sized bedrooms with built in robes
- Single detached carport for car storage
- Small garden shed
- Split system cooling
- Gas wall furnace
- 243m2 (approx.) allotment
- $275 per week rental income

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Property History for 6/63 Bank St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$291,000
11 Jul 2024
Listed for Rent
$275/w
14 Mar 2023
  • 11 Jul 2024
    Sold for $291,000
  • 02 Apr 2024
    Listed for Sale $299,000
  • 06 Mar 2023
    Listed for Rent $275 / 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.

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