Overview
|Property ID: LA-18678
Description
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Traralgon is the largest urban centre in the Latrobe Valley and the commercial hub of the Gippsland region, located approximately 163 kilometres southeast of Melbourne. With a population of around 27,600 people, it offers the convenience of a regional city while maintaining a relaxed, community-oriented lifestyle. V/Line rail services and the Princes Highway provide convenient access to Melbourne and other parts of Victoria, making it popular with commuters and regional travellers.
Traralgon has a diverse economy supported by healthcare, education, retail, government services, agriculture, and the energy sector, with nearby power generation and mining operations playing an important role in the local economy. The suburb features a vibrant town centre with shopping precincts, cafés, restaurants, sporting facilities, and cultural venues, while its tree-lined streets, parks, and gardens contribute to a high quality of life. Residents also enjoy easy access to the natural attractions of the Gippsland region, including national parks, forests, and coastal destinations, making Traralgon an attractive location for families, professionals, and retirees alike.
Additional Details
- Property Type: Prestige House & Land
- Property Stage: N/A
- Price: $ 648,645.00
- Land Price: $ 285,000.00
- Build Price: $ 363,645.00
- Beds: 4
- Bath: 2
- Garage: 2
- Storey: 1
- Study: N/A
- Power Rooms: N/A
- MPR: N/A
- Powder Room: N/A
- Balcony: N/A
- Floor Plan: Cohen
- Completion: N/A
- Land Size: 534
- Area Size: 160.26
- Year Built: N/A
- Est. Rates: N/A
- Est. Rent PW: 580.00
- Est. Body Corp.: N/A
- Title Status: N/A
- Gross Per Week: $ 580.00
- Gross Per Annum: $ 30,160.00
- Gross Yield: 4.65%
- Capital Growth 12 Months: 3.12%
- Capital Growth 10 Year Annualised: 5.76%
- Vacancy Rate: 1.82%
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