Contact Agent For Address, Traralgon, VIC 3844 | Land for sale | OnTheHouse
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Contact Agent For Address
Traralgon VIC 3844

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Land area: 5ac
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5 ACRES | GRZ3 | SIGNIFICANT RESIDENTIAL DEVELOPMENT POTENTIAL | INDICATIVE 27-LOT CONCEPT!

Lifestyle & Acreage Real Estate proudly presents this outstanding approximately 5-acre residential development opportunity, positioned within the General Residential Zone – Schedule 3 (GRZ3) and offering the potential to create a substantial new residential community.
5 ACRES | GRZ3 | APPROX. 27 LOTS | DEVELOPERS ACTIVE ON THE SAME STREET | APPROVED PROJECTS NEARBY | HOMES CURRENTLY UNDER CONSTRUCTION
A preliminary development concept indicates the potential for approximately 27 residential lots, subject to planning approval, subdivision requirements and all relevant council approvals.
DEVELOPMENT ACTIVITY ALREADY UNDERWAY
Adding further appeal to this opportunity is the established development activity on the same street.
A number of comparable land parcels are already held by reputed developers, with some developments having received approvals and progressing into construction, with new homes currently being built.
This existing activity provides an important indication of the area's development momentum and demonstrates that residential development is already actively taking place within the immediate locality.
For an incoming developer, this provides an opportunity to secure a substantial GRZ3 landholding within an area where similar residential development projects are already progressing.
APPROX. 27-LOT DEVELOPMENT POTENTIAL
With approximately 5 acres of land, the property offers an exciting opportunity to investigate a development comprising approximately 27 residential allotments.
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Property Details for Contact Agent For Address, Traralgon

Building Type
Land
Land Size
5ac
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About Traralgon 3844

The size of Traralgon is approximately 56.3 square kilometres. There are 78 parks, covering nearly 4.3% of the total area. The population of Traralgon in 2016 was 24933 people. By 2021 the population was 26907 showing a population growth of 7.9% in the area during that time. The predominant age group in Traralgon is 30-39 years. Households in Traralgon are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation.In 2021, 71.00% of the homes in Traralgon were owner-occupied compared with 68.80% in 2016.

Traralgon has 15,725 properties. Over the last 5 years, Houses in Traralgon have seen a 50.48% increase in median value, while Units have seen a 45.33% increase. As at 31 August 2026:

  • The median value for Houses in Traralgon is $660,944 while the median value for Units is $404,464.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 62 properties listed for sale, and 12 properties listed for rent in Traralgon on OnTheHouse. According to Cotality's data, 953 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Aman Pannu
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Prince Minhas
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Lifestyle & Acreage Real Estate
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Disclaimer
The Cotality 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 Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.