OFF MARKET

116 Tarakan Street
Wodonga VIC 3690

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 155m2
Land area: 760m2
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Property Details for 116 Tarakan St, Wodonga

116 Tarakan St, Wodonga is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 760m2 and floor size of 155m2. While the property is not currently for sale or for rent, it was last sold in January 2023.

Building Type
House
Year Built
1970
Floor Size
155m2
Land Size
760m2
Local Government
Wodonga
Lot/Plan
160/LP25122

Last Listing description (March 2023)

This unique property would be a good first home with five bedrooms, two bathrooms, two kitchens, and one living area or four bedrooms and two living areas. It would also work well for investment purposes if you placed a firewall in the middle and leased it as two separate homes. The big plus is with minimal work, you could build some good equity into this property.

This partially renovated home sits on a 760m2 block and is positioned in a quiet street. Backing onto parkland/sports fields and is only a few minutes walk to Whitebox Plaza and the Wodonga South Primary School, nice and central with easy access to all Wodonga has to offer.

There are two separate entrance doorways and two laundries included in the kitchen of the three-bedroom half and the other in the bathroom of the two-bedroom half. There is a two-car garage and a carport in the backyard, along with extra space for parking. An access gate in the back fence makes exercising easy - step through and go for a walk or jog on the oval.

The electricity is supplied through two meters, one for the front half, one for the back half. Heating and cooling are provided to the home by two split systems and a reverse-cycle air conditioner. Wood-look flooring is throughout the front half of the home, whilst the lounge and two bedrooms of the back half have carpet, and the wet areas have lino.

With a little hard work and some TLC, this could make a lovely home for a young family, or it would be great if you had extended family living with you. It would equally be a fantastic investment if you divided it into two dwellings, with an estimated rental return of at least $600/wk.
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Property History for 116 Tarakan St, Wodonga, VIC 3690

A timeline of how this property has performed in the market
Last Sold
$470,000
16 Jan 2023
Listed for Rent
$360/w
23 May 2019
  • 16 Jan 2023
    Sold for $470,000
  • 28 Nov 2022
    Listed for Sale $479,000
  • 06 May 2019
    Listed for Rent $360 / week
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About Wodonga 3690

The size of Wodonga is approximately 37.1 square kilometres. It has 36 parks covering nearly 9% of total area. The population of Wodonga in 2011 was 16,487 people. By 2016 the population was 18,932 showing a population growth of 14.8% in the area during that time. The predominant age group in Wodonga is 20-29 years. Households in Wodonga are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Wodonga work in a professional occupation. In 2011, 60.5% of the homes in Wodonga were owner-occupied compared with 58.4% in 2016.

Wodonga has 11,807 properties. Over the last 5 years, Houses in Wodonga have seen a 63.09% increase in median value, while Units have seen a 61.50% increase. As at 31 October 2024:

  • The median value for Houses in Wodonga is $550,322 while the median value for Units is $352,043.
  • Houses have a median rent of $480 while Units have a median rent of $365.
There are currently 75 properties listed for sale, and 17 properties listed for rent in Wodonga on OnTheHouse. According to CoreLogic's data, 448 properties were sold in the past 12 months in Wodonga.

Suburb Insights for Wodonga 3690

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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.