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Sold on 03 Sep 2024 for $525,000

83 Gordon Street
Traralgon VIC 3844

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 140m2
Land area: 1072m2
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First National Real Estate Latrobe
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Property Details for 83 Gordon St, Traralgon

83 Gordon St, Traralgon is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 1072m2 and floor size of 140m2. 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
1960
Floor Size
140m2
Land Size
1072m2
Local Government
Latrobe
Lot/Plan
1/TP94320

Last Listing description (September 2024)

Welcome to 83 Gordon Street, Traralgon - a delightful brick home that combines comfort, convenience, and space. Situated just a stone's throw away from the CBD, this property offers the ideal blend of city living and suburban tranquillity.

Property Highlights:

Generous Bedrooms: This lovely home boasts three spacious bedrooms, two of which feature built-in robes, ensuring ample storage space for your family.

Relaxing Lounge: The spacious lounge area provides the perfect setting for relaxation and quality time with loved ones.

Functional Kitchen: The well-appointed kitchen features gas cooking, ample storage, and an in-kitchen dining area, making meal preparation and family gatherings a breeze.

Modern Amenities: The main bathroom is equipped with a stand-up shower, a built-in bath, and a separate toilet with its own access, ensuring convenience for all.

Year-round Comfort: Stay cozy in the winter months with the gas heating, while the split system cooling keeps you comfortable during the summer.

Expansive Backyard: The large backyard offers plenty of space for kids and pets to play, garden enthusiasts to explore, or simply to unwind in the open air.

Handy Shed: For added convenience, there's a spacious 3.8m x 7.6m shed on the property, perfect for storage or pursuing your hobbies.

Investment Opportunity: Currently leased for $420 per week (at market value) on a month-to-month basis, this property offers a solid investment opportunity. Situated on an approximate 1072-square-meter fully fenced block, it also offers redevelopment potential in the future, subject to council approval.

Thinking outside the box: If you're a savvy investor/developer with a keen eye, you'll note both 81 and 83 Gordon Street Traralgon are currently listed for sale. These two properties can be sold together offering a unique opportunity to acquire a substantial land parcel totalling 2076 square meters. Strategically situated within walking distance to the central business district (CBD), this combined offering presents an ideal prospect for those looking to capitalize on its prime location and ample space for potential projects. Don't miss out on this chance to secure a significant piece of real estate!

To arrange a time to view, contact Simon Burns today on 0421 333 114.

Property History for 83 Gordon St, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$525,000
03 Sep 2024
Listed for Rent
$240/w
02 Feb 2012
  • 03 Sep 2024
    Sold for $525,000
  • 27 Sep 2023
    Listed for Sale Not Disclosed
  • 20 Aug 2019
    Sold for $275,000
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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 15,183 properties. Over the last 5 years, Houses in Traralgon have seen a 62.97% increase in median value, while Units have seen a 55.07% increase. As at 30 September 2024:

  • The median value for Houses in Traralgon is $518,149 while the median value for Units is $320,225.
  • Houses have a median rent of $450 while Units have a median rent of $360.
There are currently 99 properties listed for sale, and 2 properties listed for rent in Traralgon on OnTheHouse. According to CoreLogic's data, 631 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.