16 Cashmere Drive, Traralgon South VIC 3844
16 Cashmere Drive, Traralgon South VIC 3844
This four-bedroom, two-bathroom single-story house was built in 1999 on a 2,581 m² lot. It features polished timber floors, high ceilings, decorative cornices, an ensuite and walk-in robe in the main bedroom, and four parking spaces. The property is located in Traralgon South within the Latrobe school catchment.
The property’s competitive strength lies in its rare combination of a large semi-rural lot and classic late-1990s quality finishes. The 2,581 m² land parcel is significantly larger than typical suburban lots in Traralgon South, offering genuine space and privacy. The polished timber floors, high ceilings, and quality joinery represent a level of craftsmanship less common in newer builds, giving the house a solid, established feel. This property is best suited for families seeking room to spread out, retirees wanting a lifestyle block without a full rural commitment, or investors targeting the semi-rural market. Its position in the suburb offers a quiet, creek-adjacent setting that differentiates it from denser residential pockets.
The property’s age, built in 1999, may mean older building systems and finishes that could require updating, which a buyer should factor into their overall cost. The large lot size, while a major draw, might also carry environmental zoning constraints due to the proximity to Traralgon Creek, potentially limiting future land use or subdivision. The discrepancy in parking count across records suggests a buyer should verify the actual number of spaces on site. These factors may influence the property’s marketability and should be weighed when forming a view on its price relative to other options in the area.
Detailed Independent Property Report prepared by PropCred Analyst team for 16 Cashmere Drive, Traralgon South VIC 3844
Checks found:
Value Risk
1
Liquidity Risk
1
Planning Risk
Income Risk
2
Execution Risk
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Market Insight
Traralgon South leverages its proximity to expanding regional agriculture and energy sectors, offering residents a highly targeted lifestyle and infrastructure advantage. Retirees and older downsizers seeking a quiet, affordable lifestyle are aggressively driving the housing demand here to secure a foothold in this specific postcode. It is a slow-burn market suited for long-term holds and positive cash flow strategies.
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PropCred Estimated Value
Bedrooms
4
Bathroom
2
Parking
4
Land
2581m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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