1 Elliott St, Traralgon is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1980. The property has a land size of 675m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
This prime investment is an opportunity for those looking to expand their real estate portfolio. The property consists of a well-maintained & facelifted duplex featuring two 1-bedroom, 1-bathroom units. Offering potential for consistent cash-flow with two separately contained units, the property has an expected high yield (approx. 7.64%) as both units have an estimated return of $330 per week per unit. The duplex has been well-maintained, with recent updates including modernized interiors and appliances. With a low maintenance design, you can focus on maximizing returns instead of managing constant repairs.Features include:Unit 1- Sizeable master bedroom complete a built in robe and an accessible ensuite. - Central kitchen which has been recently renovated. - Adjoining dining room and living room contributing to the open plan living feeling.- Split system air conditioning, wood heater & ceiling fans for year round comfort. Unit 2- Sizeable master bedroom complete a built in robe and an ensuite. - Central Kitchen which has been recently refreshed with adjoining dining room.- Spacious living room.- Split system air conditioning & wood heater for year round comfort. - 2 x single car carports. - 2 x 3.0m x 3.0m rear garden shed. - 685m2 (approx.) allotment. - Estimated rental returns of $330.00 per week per unit ($660.00 per week combined). - Located in a central location within close walking proximity to Traralgon's CBD, local sporting facilities, local Cafe's and more.
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 15,630 properties. Over the last 5 years, Houses in Traralgon have seen a 61.96% increase in median value, while Units have seen a 47.53% increase. As at 31 May 2026:
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