OFF MARKET

88 Varney Crescent
Traralgon East VIC 3844

Bedrooms: 7
Bathrooms: 4
Car spaces: 4
Floor area: 465m2
Land area: 21037m2
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Property Details for 88 Varney Cres, Traralgon East

Building Type
Rural
Floor Size
465m2
Land Size
21037m2
Local Government
Latrobe
Lot/Plan
13/LP130954

Last Listing description (May 2020)

A showcase of luxury living in the valley. Here is an opportunity to purchase two elite homes in a highly sought-after neighbourhood for the price of one! High-end finishes throughout with attention to detail. The property is surrounded by 5.2 acres of beautifully landscaped, lush tropical gardens, ponds and sculptures.
The possibilities here are endless, whether you are searching for a luxury home with seclusion and privacy, whether you would like to create your own business and continue hosting wedding ceremonies, or you can even host the bride and the bridesmaids in one property, the night before the wedding. This property has proven to consistently generate $1,200 per wedding ceremony.

Residence 1 is sold with most furniture, artwork, garden machinery and wedding ceremony equipment included!

Residence 1 (50 SQ Jennings Home):
- 3 bedrooms all with built-in robes, the master suite is enormous with en-suite and office combined.
- The 2nd bathroom features a separate shower and bath.
- The kitchen is top of the class, with Caesar-stone benchtops, electric induction cooktops and separate oven.
- Ducted heating/cooling & an open fire place.
- The pool room is the showcase of this property, with an in-ground spa, open fire place, lounge area and a bar... you could call it the ULTIMATE man cave!
- Solar heated in-ground pool & sauna room.
- Single car garage with an undercover carport beside.
- Large shed for storage/workshop
- Garden lights & water features are all set on timers to operate through-out the day and turn on each night.
- No other word describes this property but BREATHTAKING!!

Residence 2 (52 SQ Metricon Home):
- 4 bedrooms all with built-in robes, expansive master suite with walk-in robe and en-suite.
- Open plan living/kitchen/dining area
- 3 lounge areas
- Quality kitchen with Caesar-stone benchtops
- Ducted heating/cooling
- Theatre room & games room
- Outdoor undercover el-fresco area with a pizza oven, perfect for entertaining
- Landscaped gardens, large backyard & a mini footy field.
- Can generate $550 per week rent

We could talk all day about the endless opportunities here, but you really do need to take an inspection and view these stunning properties for yourself!
Owner is VERY motivated to sell, all reasonable offers considered.
Inspections strictly by appointment only. Call Matt Redmond on 0418 357 341.

Property History for 88 Varney Cres, Traralgon East, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$1,260,000
22 May 2020
Listed for Rent
$550/w
18 Dec 2017
  • 22 May 2020
    Sold for $1,260,000
  • 03 Nov 2017
    Listed for Rent - Price not available
  • 23 Dec 2016
    Listed for Sale P.O.A
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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.