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Traralgon Surrounding Areas Seasonal Market Place Report Autumn 2018


Welcome The

local

property

market

certainly

was

New buyer enquiry in our office is stronger

‘‘HOT’’ over Summer and whilst some of our

than

agents did enjoy a well-earned family holiday,

averaging

it

has

been

56

in

the

last

new

enquiries

buyers

relocating

5

years,

per

week.

we were incredibly busy during this period. Interest

from

out

of

the

Spring is traditionally the selling season in the

Eastern growth corridor is incredible. Open day

property industry, and our agents transacted over

attendance numbers are very strong, time on the

$30 million in sales in this period. The momentum

market is falling, and the number of properties

built

selling for the full asking price is on the rise.

in

Spring

carried

through

to

Summer.

The Christmas/ New Year period can see the market go into recess as families enjoy the festive and holiday period, however this year this certainly wasnt the case. January 2018 our office sold $8.47 million worth of property, more than the 3 previous January’s combined. With

a

transacted there

is

further by

no

our signs

$30 team of

the

million

in

sales

during

Summer,

market

slowing.

If anything, new listing stock is falling slightly that could result in vendors enjoying favorable market conditions as demand begins to outstrip supply. If you have been considering selling, or you are curious how the recent uplift in the property market has impacted the value of your property, please contact our sales team to arrange a no obligation assessment of the value of your asset. Until next time...

Be n Wi ls o n


Sales Statistics seven hundred & seven

17.11%

PROPERTIES FOR SALE IN TRARALGON

one hundred & fifty two

9.21%

% PROPERTIES SOLD WERE HOUSES

$650K

PROPERTIES SOLD DECEMBER 1ST - MARCH 1ST

73.68 73.68% HOUSES 17.11% LAND & OTHER

$348K

9.21% UNITS

$125K

$150K

Median house prices

$285,000 TRARALGON

$262,500 ROSEDALE

$331,000 GLENGARRY HOUSES

UNITS

highest / lowest sales

$178,000 CHURCHILL


/ Recent Sales TRARALGON

TRARALGON

6 BLAXLAND COURT

1 PRINCETON WAY

4

2

2

4

2

2

$455,000

$415,000

TRARALGON

TRARALGON

4 MERINO COURT

5 MURPHY CRES

4

3

2

4

1

$530,000

$167,500

CHURCHILL

TRARALGON

2

10 RAE CRESCENT

10 TARAGO COURT

4

3

2

2

2

2

$250,000

$380,000

ROSEDALE

GLENGARRY

18 DUKE STREET

71 MAIN STREET

4

4

2

2

2

2

$290,000

$275,000

TRARALGON

TRARALGON

8 DONALD COURT

2 HIGH STREET

3

1

2

3

1

2

$152,000

$235,000

MORWELL

TRARALGON

116 VARY STREET

28 ETON AVENUE

3

3

1

4

2

$199,500

$420,000

TRARALGON

TRARALGON

2

38 BUSHFIELD CRT

18 ANDERSON ST

4

3

2

$650,000

2

2

$412,000

1


TRARALGON

TRARALGON

14 PATRICIA COURT

85 THE AVENUE

4

2

2

4

2

2

$299,000

$447,000

TRARALGON

TRARALGON

3 PRINCETON WAY

49 RIVERSLEA BLVD

4

4

2

2

2

$390,000

$457,000

TRARALGON

GLENGARRY

1/13 PHILLIP STREET 3

1

2

2

102 TRARALGON MAFFRA ROAD

$205,000

$145,000

TRARALGON EAST

YALLOURN NORTH

20 COOBA WAY

51 NARDINOS ROAD

4

4

2

7

2

4

$532,000

$415,000

TRARALGON

TRARALGON

1 ALBERT STREET

119 BREED STREET

3

1

2

4

2

2

$380,000

$376,000

TRARALGON

TRARALGON

L4 COONOC ROAD

L511 CHAROLAIS ST 3

2

$175,000

$387,000

TRARALGON

TOONGABBIE

2

36 GRADUATE BLVD

25 HILLIER LANE

5

3

2

$560,000

3

2

$325,000

3


/ Recent Sales TRARALGON

TRARALGON

165B KAY STREET

51 HIGH STREET

3

4

1

1

2

2

$225,000

$317,000

TRARALGON

ROSEDALE

11 SUNSET PLACE

30 MOORE STREET

3

3

2

2

2

3

$310,000

$348,000

TRARALGON

TRARALGON

63 GILMOUR STREET

1/9 MUNRO STREET

3

3

1

2

1

2

$292,500

$275,000

TRARALGON

TRARALGON

16 NEWMAN CRES

1 ELIZABETH STREET

3

5

1

2

2

2

$200,000

$335,000

TRARALGON

TRARALGON

80 ELLAVALE DRIVE

49 HENRY STREET

4

3

2

6

1

2

$460,000

$313,000

TRARALGON

TRARALGON

5 LOUISE COURT

105 GORDON ST

4

2

2

2

1

2

$349,000

$215,000

GLENGARRY

TRARALGON

50 ERINMORE CRT

2/6 TARAGO COURT

5

2

4

$520,000

7

2

$428,000

2


TRARALGON

TRARALGON

2/183 KAY STREET

1 ERNEST COURT

3

5

2

2

2

2

$317,000

$630,000

TRARALGON

TRARALGON

14 FAIRVIEW STREET

55 BANK STREET

3

3

1

1

1

3

$253,000

$255,000

TRARALGON

TRARALGON

4 BENDOCK COURT

71 NEWMAN CRES

3

3

2

$220,000

3

1

$170,000

1


Wilson Property Residential Commercial Industrial 25 Hotham Street, Traralgon 3844 03 5176 2055

wilsonpropertyrci.com.au

Autumn 2018  

Seasonal Market Place Report

Autumn 2018  

Seasonal Market Place Report

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