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140 Scrubby Lane, Traralgon VIC 3844

$1,150,000 | Dual Occupancy Living

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$1.15M - $1.21M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 3 Baths 3 Cars 3.3 acres

Listed: 34 days ago

Updated: 3 hours ago

Overview

This unique property presents a rare opportunity by combining two separate residences on a single expansive parcel of approximately 3.3 acres, situated on the edge of Traralgon. The character-rich Victorian homestead is notable for its spaciousness, versatility, and established setting, increasingly elusive features in today's market.

The dual-dwelling configuration offers remarkable flexibility, catering to a range of lifestyle needs. Whether accommodating multi-generational families while preserving privacy, providing mature children with independent space, hosting guests comfortably, or developing a lucrative short-stay accommodation business, the layout adapts to evolving circumstances without constraint.

Embracing a peaceful rural ambience, the property is enveloped by mature trees and cultivated gardens, providing an inviting environment for outdoor enthusiasts, hobbyists, and those seeking room for horses or agricultural pursuits. The inclusion of a full-size tennis court broadens recreational possibilities, appealing to families and active residents alike.

Complementing the residential arrangements, substantial outbuildings including a three-car garage with loft space, a four-bay machinery shed, an additional sizeable storage shed and workshop, as well as horse stables and an aviary equipped with water and power, enhance the property's functional potential. These features suit a variety of vehicles, equipment, and lifestyle demands commonly associated with acreage living.

Despite its rural feel and generous grounds, the location retains close proximity to all amenities offered by Traralgon, blending tranquility with convenience.

Local Market Insights

In Traralgon, Quiet Listings observed 61 new houses entering the market over the last 30 days, down from 83 during the previous 30-day period, with an average advertised asking price of $707,672. The property type mix of listed properties is predominantly Houses at 90%, followed by units (4%), and land (3%). The most active agency for houses in the Traralgon area is currently McGrath Estate Agents, representing 26% of new listings, followed by Keith Williams Real Estate with 21%. 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.