16 Ashworth Drive, Traralgon, VIC 3844 sold on 23 May 2026 | OnTheHouse
SOLD
Sold on 23 May 2026 for $1,550,000

16 Ashworth Drive
Traralgon VIC 3844

Bedrooms: -
Bathrooms: -
Car spaces: -
Land area: 20234m2
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Property Details for 16 Ashworth Dr, Traralgon

Building Type
Land
Land Size
20234m2
Local Government
Latrobe
Lot/Plan
12/LP126409

Last Listing description (October 2026)

Lifestyle & Acreage Real Estate proudly presents this outstanding approximately 5-acre landholding, positioned within the General Residential Zone Schedule 3 (GRZ3) and offering purchasers the opportunity to investigate two distinct development pathways, subject to council and relevant authority approvals.

TWO CONCEPTS. ONE STRATEGIC OPPORTUNITY.

OPTION 1 APPROX. 27-LOT RESIDENTIAL SUBDIVISION (STCA)

An indicative residential concept demonstrates the potential for approximately 27 residential allotments, creating an opportunity for developers and builders to investigate a boutique residential estate.

Potential outcomes include approximately 27 residential lots, staged development, construction and sale of individual homes, or sale of completed allotments.

The surrounding area is already experiencing residential development activity, with developers active nearby and projects progressing through approval and construction stages.

OPTION 2 CHILDCARE & MEDICAL CENTRE PRECINCT (STCA)

An alternative concept demonstrates the potential to investigate a mixed community-services development, incorporating:

Childcare Centre positioned toward the front of the site
Medical Centre positioned toward the rear
Dedicated on-site parking and vehicle circulation
Childcare drop-off and pick-up areas
Landscaped surrounds and open spaces
Separate functional areas for each proposed use

This concept provides an alternative pathway for developers and investors seeking to explore a development focused on essential community services rather than a conventional residential subdivision.

FLEXIBILITY FOR DEVELOPERS & INVESTORS

The combination of approximately 5 acres of land, GRZ3 zoning and two alternative development concepts provides prospective purchasers with the flexibility to investigate the development strategy that best suits their objectives.

Whether pursuing an approximately 27-lot residential subdivision or exploring a childcare and medical centre development, this substantial landholding presents an exciting opportunity within an area experiencing continued residential growth and development.

Both concepts are indicative only and subject to planning approval, council consent, servicing requirements, subdivision approval, permits and all other relevant statutory and authority requirements (STCA).

Disclaimer: Lifestyle & Acreage Real Estate has taken all reasonable care in preparing this advertisement and believes the information provided is accurate. However, no responsibility is accepted for any errors, omissions, or inaccuracies. Prospective purchasers are encouraged to conduct their own enquiries to verify the information.

Property History for 16 Ashworth Dr, Traralgon, VIC 3844

A timeline of how this property has performed in the market
Last Sold
$1,550,000
23 May 2026
  • 09 Sep 2026
    Listed for Sale Expression Of Interest
  • 10 Jul 2026
    Listed for Rent $700 / week
  • 23 May 2026
    Sold for $1,550,000
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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 15,724 properties. Over the last 5 years, Houses in Traralgon have seen a 42.13% increase in median value, while Units have seen a 38.65% increase. As at 30 September 2026:

  • The median value for Houses in Traralgon is $651,571 while the median value for Units is $397,862.
  • Houses have a median rent of $500 while Units have a median rent of $390.
There are currently 67 properties listed for sale, and 10 properties listed for rent in Traralgon on OnTheHouse. According to Cotality's data, 860 properties were sold in the past 12 months in Traralgon.

Suburb Insights for Traralgon 3844

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Cotality Copyright and Legal Disclaimers about Property Data
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.