6 Palmgate Terrace, Traralgon VIC 3844
This property is Off Market
- The Average property price in this area is $563,795, this is based on recent transactions.
- Internet speed Download 100 Mbps / Upload 40 Mbps
- Distance to the coast 52.58 km
- Potential bushfire risk 0 / 10
- Report as to subsidence
- Potential Land Contamination risk
- Powerlines within 200m 0
Street view
Property For Sale Nearby
Recently Sold Properties in this Area
About Traralgon
With an average age of 38, households expect an average monthly mortgage payment of $1,473 or a weekly rent payment of $380. The average family earns a weekly income of $2,473 with a typical household size of 2.7 and a 99.05% employment rate.
Consistent high demand relative to supply is a key feature in Traralgon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Traralgon are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Traralgon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Traralgon necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Traralgon we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Traralgon a better buying opportunity than it may have been in the past.
Public Transport
Moe
General Points of Interest
Mid Valley Shopping Centre
Latrobe City Stadium
Immigration Park
Morwell Golf Club
Mid Valley Shopping Centre
Stockland Traralgon
Traralgon Sports Stadium
Gippsland Regional Aquatic Centre
Traralgon Golf Course
Glenview Park Racecourse
Population
(Country of Birth not stated 4%)
Are people healthy?
There are a recorded 3949 asthma sufferers and 1202 people living with diabetes. In addition, 1425 people have a heart/vascular condition and 3274 people live with three or more chronic diseases.A good place to invest in property?
Traralgon a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
Victoria State average 44 / 100
Income
50 / 100
52 / 100
Industry
20 / 100
17 / 100
Population
40 / 100
32 / 100
House Prices
100 / 100
70 / 100
Jobs
45 / 100
34 / 100
Local Crime Rates
Incidents Trend State Average
Local Schools
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School CatchmentsTraralgon (Stockdale Road) Primary School Traralgon College
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Traralgon (Kosciuszko Street) Primary School
Traralgon, VIC, 3844 State Prep-6 -
Traralgon (Stockdale Road) Primary School
Traralgon, VIC, 3844 State Prep-6 -
St Gabriel's School
Traralgon, VIC, 3844 Independent Prep-6 -
Grey Street Primary School (Traralgon)
Traralgon, VIC, 3844 State Prep-6 -
Tyers Primary School
Tyers, VIC, 3844 State Prep-6 -
Latrobe Special Developmental School
Traralgon, VIC, 3844 State U -
Lavalla Catholic College
Traralgon, VIC, 3844 Independent 7-12
Property Story
6 Palmgate Terrace, Traralgon, Vic, 3844 is a residential property with 4 bedrooms, 2 bathrooms and 2 Parking spaces. The estimated value of this home is $740,000 while properties of this type typically sell for between $360,000 and $2,500,000 in this suburb. The estimated distance to the sea is 52.58km and 0.84KM to vegatation considered to be a factor in bushfire risk.Local Developments
To see the latest development applications
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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