2/63 Grey Street, Traralgon VIC 3844

2/63 Grey Street, Traralgon VIC 3844
central Traralgon location | two-bedroom low-maintenance unit | single garage with rear access | stable owner-occupier complex | school zoning edge This unit is positioned in a central Traralgon location, offering low-maintenance living within a stable owner-occupier complex. A 271 sqm land holding and a single garage with rear-yard access are provided, creating a practical edge for daily use. The open-plan kitchen, complete with walk-in pantry and dishwasher, adds genuine liveability, while school zoning for Grey Street Primary and Traralgon College supports strong demand from first-home buyers, downsizers, and investors. The primary risk is found in the inconsistency of transaction data, where a lower historical figure could create confusion, but the estimated value of $458,000 is grounded in current market evidence. No bushfire, flood, or heritage overlays are detected, reducing planning uncertainty, and fibre-to-the-premises NBN with 5G coverage is available. A rental estimate of $420 per week suggests a solid yield for investors, provided the purchase price aligns with the higher estimate.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 2/63 Grey Street, Traralgon VIC 3844
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Market Insight:

Traralgon is a dynamic regional centre with strong transport links, supporting a growing and predominantly young family demographic. Demand is driven by this demographic seeking detached housing, reflected in robust sales volumes and solid house price growth. The market demonstrates resilience with rising rents, though unit performance lags. Future growth is underpinned by sustained population increases, while risks include affordability pressures and sensitivity to broader economic conditions impacting its regional economy.
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PropCred Estimated Value

Bedrooms

2

Bathroom

1

Parking

1

Land

271mยฒ

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