23 Melrossa RoadTraralgon East VIC 3844
Property Details for 23 Melrossa Rd, Traralgon East
Last Listing description (April 2025)
Discover an extraordinary opportunity to own a magnificent property that seamlessly combines luxurious family living with outstanding development potential.
Situated on a prime 5-acre allotment within the General Residential Zone and part of the Traralgon East Precinct Structure Plan (PSP), this residence offers immediate lifestyle benefits and promising future rewards.
With approximately 36 squares of living space, this expansive home comfortably accommodates large families. An impressive entrance features high angled ceilings and abundant natural light streaming through extensive windows. Tasmanian Oak polished floorboards add warmth and elegance to the entry, lounge, and family rooms. The home offers four spacious bedrooms with built-in robes, while the master suite includes a walk-in robe and an ensuite for added luxury.
For horse enthusiasts, the property includes quality stables and grazing paddocks, combining residential comfort with rural charm. A carport over the front entry ensures convenient access, and a substantial shed with open and enclosed bays provides ample storage and workspace.
Prime Location with Exceptional Growth Potential
Strategically located just minutes from the town centre and adjacent to established residential housing, this property offers unparalleled convenience. Proximity to esteemed educational institutions like Traralgon Secondary College and Liddiard Road Primary School enhances its family appeal.
Traralgon is experiencing significant growth, with a projected population increase of 236.16% from 2021 to 2041.Furthermore, the median house value has risen from around $350,000 in mid-2019 to approximately $550,000a remarkable 76.29% increase over five yearsindicating strong potential for future appreciation.
This rapid development and the ongoing need for housing make investing in this property a strategic move toward high returns and a wonderful lifestyle
Excellent Investment Opportunity
As part of the Traralgon East PSP and within the General Residential Zone, the property holds significant potential for subdivision and development (subject to council approval). Traralgon's rapid population growth, increasing property values, and ongoing housing demand make this an ideal prospect for investors seeking substantial returns. By investing in this property, you're positioning yourself to capitalize on the region's growth while enjoying a wonderful lifestyle.
Don't Miss This Unique Opportunity
This exceptional property offers a rare blend of luxury living, equestrian facilities, and outstanding development prospects in a thriving community. It's a must-see for those seeking an excellent location, quality lifestyle, and significant investment potential.
For all inquiries or to arrange a private viewing, please contact us.
Key Features:
Total Land Area: 5 acres
Living Space: Approximately 36 squares
Zoning: General Residential Zone
Development Potential: Part of the Traralgon East PSP
Investment Appeal: Excellent investment opportunity in a high growth area (STCA)
Residence: 4 spacious rooms with built-in robes; master with ensuite and walk-in robe, study on mezzanine floor; children's retreat on first level
Climate Control: Ducted heating and air conditioning
Outdoor Spaces: Two decked entertaining areas overlooking gardens
Equestrian Facilities: Quality stables and grazing paddocks
Parking and Storage: Carport and large shed with open and enclosed bays
Property History for 23 Melrossa Rd, Traralgon East, VIC 3844
- 13 Nov 2024Listed for Sale $2,100,000- $2,300,000
- 27 Apr 2016Sold for $590,000
- 18 Nov 2015Listed for Sale $599,000
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0About Traralgon East 3844
The size of Traralgon East is approximately 34.9 square kilometres. It has 3 parks covering nearly 1.0% of total area. The population of Traralgon East in 2016 was 1726 people. By 2021 the population was 1780 showing a population growth of 3.1% in the area during that time. The predominant age group in Traralgon East is 50-59 years. Households in Traralgon East are primarily couples with children and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Traralgon East work in a professional occupation.In 2021, 92.30% of the homes in Traralgon East were owner-occupied compared with 91.50% in 2016.
Traralgon East has 1,080 properties. Over the last 5 years, Houses in Traralgon East have seen a 46.78% increase in median value. As at 31 March 2026:
- The median value for Houses in Traralgon East is $798,527 while the median value for Units is $481,681.
- Houses have a median rent of $483.
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