OFF MARKET

2/29-31 Eastern Road
Traralgon East VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: 30
Floor area: 255m2
Land area: 253m2
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Property Details for 2/29-31 Eastern Rd, Traralgon East

Building Type
Commercial
Floor Size
255m2
Land Size
253m2
Local Government
Latrobe
Lot/Plan
2/PS548448

Last Listing description (September 2017)

- Brand new 3 year lease to industry leading, Multi-National brand
- Commencing rent $30,000 with fixed 3% increases, provides guaranteed income growth
- Tenant pays all usual outgoings

- 2 further terms each of 2 years
- Brand new office fit out to tenant requirements
- Landmark Industrial development
- 255m2 corner building with great exposure to Eastern Park

Property History for 2/29-31 Eastern Rd, Traralgon East, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$548,900
01 Oct 2021
Listed for Rent
$623/w
05 Jul 2017
  • 01 Oct 2021
    Sold for $548,900
  • 12 Jul 2017
    Sold for $422,500
  • 29 Mar 2017
    Listed for Rent $32,500 / year
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About Traralgon East 3844

The size of Traralgon East is approximately 34.9 square kilometres. It has 3 parks covering nearly 1% of total area. The population of Traralgon East in 2011 was 1,864 people. By 2016 the population was 1,738 showing a population decline of 6.8% in the area during that time. The predominant age group in Traralgon East is 40-49 years. Households in Traralgon East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Traralgon East work in a professional occupation. In 2011, 89.6% of the homes in Traralgon East were owner-occupied compared with 91.5% in 2016.

Traralgon East has 1,056 properties. Over the last 5 years, Houses in Traralgon East have seen a 40.46% increase in median value. As at 31 October 2024:

  • The median value for Houses in Traralgon East is $670,070 while the median value for Units is $447,266.
  • Houses have a median rent of $483.
There are currently 3 properties listed for sale, and no properties listed for rent in Traralgon east on OnTheHouse. According to CoreLogic's data, 19 properties were sold in the past 12 months in Traralgon east.

Suburb Insights for Traralgon East 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.