5 Lawson Court, Traralgon VIC 3844

5 Lawson Court, Traralgon VIC 3844
4-bedroom family house | 1,219m² land in Traralgon | court location | 6-car capacity The property’s primary buying case rests on its exceptionally large 1,219m² block within a quiet court setting, a configuration rarely available in Traralgon. The four bedrooms and two bathrooms provide functional family accommodation, while the six-car space capacity offers significant utility for multiple vehicles, a workshop, or storage. This combination of generous land area and court positioning makes the house particularly suited to buyers seeking space, privacy, and future flexibility—whether for a growing family or those requiring substantial off-street parking. A specific risk is the current asking price of $985,000, which sits notably above both the last recorded sale of $800,000 in 2022 and the upper end of the estimated valuation range at $910,000. This pricing gap suggests the seller may have expectations exceeding recent market evidence, potentially requiring negotiation or patience. The opportunity lies in the land’s development potential, as the large lot may permit subdivision or a future dwelling, subject to council approval, adding long-term value beyond the existing house.
Detailed Independent Property Report prepared  by PropCred Analyst team for 5 Lawson Court, Traralgon VIC 3844
Checks found:
Value Risk
Liquidity Risk
Planning Risk ! 1
Income Risk ! 1
Execution Risk ! 1
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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

4

Bathroom

2

Parking

6

Land

1219m²

Research & Review Prepared by Steve Dalton, Senior Analyst · Reviewed by Matt Proctor, Principal Analyst
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