11 Rialto Court, Traralgon VIC 3844
11 Rialto Court, Traralgon VIC 3844
Court position | 691m² block | Powered workshop | Multiple living zones | Strong family appeal
The property is positioned as a competitively strong family house, with a 691m² allotment and a practical layout that includes two living zones, a rumpus/sunroom, and a covered alfresco. The powered shed/workshop (6m x 9m) with concrete floor is a standout, adding genuine utility for tradespeople, hobbyists, or families needing storage. The court location is considered a quiet, low-traffic setting, while the low-maintenance garden and updated bathroom are expected to reduce immediate upkeep. This house is best suited to growing families seeking a move-in-ready home with space to spread out, and first-home buyers who value a workshop and multiple living areas over cosmetic perfection.
The single bathroom may be a constraint for larger families, though it aligns with the market position. The galley kitchen, gas heating, and shed’s electrical setup should be inspected, as these affect ongoing costs. The court location and multiple living zones may attract first-home buyers and investors, supporting a price near the upper guide. Shed power capacity and council restrictions are worth confirming.
Detailed Independent Property Report prepared by PropCred Analyst team for 11 Rialto Court, Traralgon VIC 3844
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Traralgon, the Latrobe Valley’s main service centre, combines V/Line rail and highway access to Melbourne. Demand is led by 30-39 year old mortgaged families, with 27% under 18 and a large share in community and personal services. House prices have risen to a $535,000-$575,000 median across sources, with 6.9-8% annual growth and 711 sales in the past year. Units lag, holding at $320,000-$350,000 with near-flat growth. Gross yields are 4.73% for houses and 5.88% for units, while median weekly rents sit at $492 and $370 respectively. Population growth of 7.92% since 2016 and rising house rents underpin demand. Constraints include slower unit turnover at 58-84 days and regional rate sensitivity, with house values ranging from $460,000 to $780,000 by bedroom count.
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PropCred Estimated Value
Comparable Sales: 11 Chester Close, Traralgon (4/2/2, ~825m²) $825,000 | Property Price Band: $500K–$600K | Value Drivers: Powered workshop, multiple living zones, court location
Bedrooms
3
Bathroom
1
Parking
2
Land
691m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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