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RECENT ADVICE
Sold on 03 Sep 2024 for $615,000

7 Cornell Way
Traralgon VIC 3844

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 155m2
Land area: 583m2
Sold By
Wilson Property
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Property Details for 7 Cornell Way, Traralgon

7 Cornell Way, Traralgon is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 2020. The property has a land size of 583m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Traralgon in the last 12 months.

Building Type
House
Year Built
2020
Floor Size
155m2
Land Size
583m2
Local Government
Latrobe
Lot/Plan
226/PS826052

Last Listing description (October 2024)

The exterior of this home boasts a modern multi-textile facade, with an entry way that leads into a cozy formal lounge - a great place to spend the afternoon with family. A contemporary design cleverly maximizing the space on the 583m2 (approx.) allotment to allow for a generous family abode and a very usable backyard. The three bedroom, two living zone residence includes a walk in robe and ensuite off the master, with a central family bathroom and separate toilet servicing the remaining two bedrooms.
Additional features include:
- 3 carpeted bedrooms, the master with walk in robes and the remaining two with built in robes

- Open-plan kitchen and dining area complete with air conditioning, a dishwasher, and a five-burner gas stovetop.
- Solar hot water
- Beautifully cared for, low maintenance backyard with alfresco and additional concreted seating space.
- Central heating, and split system air conditioning
- Superb positioning in the highly regarded Franklin Place Estate, surrounded by walking tracks, parkland and quality homes.
- Currently leased for $2,173 monthly until 10/05/2024

Property History for 7 Cornell Way, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$615,000
03 Sep 2024
Listed for Rent
$500/w
03 May 2023
  • 09 Aug 2024
    Sold for $615,000
  • 05 Jul 2024
    Listed for Sale $625,000
  • 14 Apr 2023
    Listed for Rent $500 / 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 15,236 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 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 654 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.