Overview
This property is an attractive opportunity for investors seeking immediate rental returns combined with versatile living options. Located in a tranquil pocket of Traralgon, the home benefits from a secure tenancy already in place, generating steady income until early 2027.
Set on a generous 781 square meter approximately fully fenced block, the house offers a functional floorplan tailored to meet the needs of tenants and future homeowners alike. The presence of gated backyard access enhances the property's utility, enabling secure parking for additional vehicles such as a caravan, boat, or trailer, and leaving ample space for outdoor entertaining or recreational activities.
The residence includes three bedrooms, with the master featuring an ensuite, emphasizing comfort and privacy. Central to family life, the updated kitchen serves as a hub, overlooking two separate living areas that provide flexibility and space to accommodate various household arrangements, from family living to shared accommodations.
Additional conveniences such as updated bathrooms, split system heating and cooling, and features like air conditioning, built-in robes, and internet availability, collectively contribute to the property's appeal for long-term tenancy. The home balances immediate income potential with adaptable living spaces, presenting a sound investment option with prospective longevity.
This property will likely suit investors prioritizing stable returns and tenants valuing space and functionality in a peaceful neighborhood setting.
Local Market Insights
In Traralgon, Quiet Listings observed 52 new houses entering the market over the last 30 days, down from 59 during the previous 30-day period, with an average advertised asking price of $788,913. The property type mix of listed properties is predominantly Houses at 87%, followed by units (7%), and commercial properties (3%). McGrath Estate Agents was the most active agency in this area, representing 21.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Traralgon VIC 3844
Market Insights for Traralgon VIC 3844
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