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51 Bank Street, Traralgon$558,000

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Soldhouse

51 Bank Street

Traralgon, VIC 3844, Australia

$558,000

3 bed 2 bath 2 car956 m²

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Listing description

About this property

It's Addressed: Set on a generous 956m² block, this unique and solid three-bedroom, two-bathroom home offers comfort, character, and convenience in a sought-after location. Privately positioned behind a gated front yard, the home welcomes you into an updated kitchen featuring electric cooking, a dishwasher, and ample storage, seamlessly flowing into the dining area. The spacious lounge is full of personality, showcasing charming retro 1970s wood panelling, a striking fireplace, and even your own built-in bar - perfect for entertaining. Double doors open out to an enclosed outdoor area, creating an ideal space to host or relax year-round. The main bedroom is well-appointed with built-in robes and a private ensuite complete with a double shower. The two additional bedrooms also include built-in robes, while the family bathroom stands out with its retro colour scheme and built-in bath, complemented by a separate shower room and toilet for added practicality. The home is also comforted throughout by ducted gas heating. Outside, the well-sized yard provides plenty of space and a double garage adds further convenience. Located just moments from the Traralgon CBD, local schools, and the Traralgon Railway Reserve, this home combines lifestyle and location with ease. For more information or to arrange a private inspection, please contact Rachel Buglisi on 0401 098 763. Note: Every care has been taken to verify the accuracy of the details in this advertisement, however, we cannot guarantee its correctness. Prospective purchasers are requested to take such action as is necessary, to satisfy themselves with any pertinent matters.

Property Details

Property Type: house
Listing Type: Sold
Bedrooms: 3
Bathrooms: 2
Parking: 2
Land Area: 956 m²
Listed: 3 months ago

Repayment calculator

$2,705/month

$1,353 /fortnight

Loan $446,400 at 6.10% over 30 years

Upfront costs

Deposit$111,600

Stamp duty$28,550

Conveyancing (est.)$2,000

Total upfront$142,150

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Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Traralgon

This 3-bedroom house in Traralgon, VIC 3844 sits within reach of public transport, local shops and nearby schools. It is listed 20% below the $698,000 median of 65 comparable houseswithin 5 km.

Schools near Traralgon

Chairo Christian School - Traralgon Campuscombined
Latrobe Special Developmental Schoolcombined · U · CoEd
St Paul's Anglican Grammar School - Traralgon Campuscombined
Grey Street Primary School (Traralgon)primary · Prep-6 · CoEd
St Gabriel's Schoolprimary · Prep-6 · CoEd
St Michael's Schoolprimary · Prep-6 · CoEd

What's nearby

Mates St/Bank St (bus) — 28 m away
Second Storey Hair saloon — 1.3 km away
Hickox Reserve — 831 m away
Unnamed — 1.2 km away
Unnamed — 1.5 km away

Traralgon at a glance

Full suburb profile

Population: 26,907
Median age: 39
Household income: $1,484/wk
Median rent: $275/wk
Median mortgage: $1,300/mo

Source: ABS Census.

Due diligence

Property Report

Lifestyle & access

Schools

6 nearby schools

Catchment: Traralgon Primary School

Public transport

10 stops within 1.5km

Nearest: Hazelwood Rd/Ray St (0.2km)

Traffic

Moderate congestion

Peak hour traffic (7-9am and 4-6pm) experiences increased congestion on Franklin Street and Breed Street as they serve as main throughfares. Bank Street itself typically experiences moderate congestion during these periods due to CBD access.

Noise

High noise

Nearest: road (0.1km)

Risk & safety

Flood risk

Medium

Traralgon is located in the Gippsland region and experiences medium flood risk, primarily from local drainage and overflow from the Macalister River system and surrounding waterways. The Land Subject to Inundation Overlay (LSIO) covers flood-prone areas within and near the town, requiring careful assessment of development proposals. Historical flood events and seasonal inundation patterns in the Gippsland Lakes catchment necessitate standard Victorian flood-aware planning controls.

Bushfire risk

Moderate

BAL: BAL-19

Crime profile

average

Trend: stable

Planning & context

Zoning

GRZ — General Residential Zone

Latrobe Planning Scheme

Nearby development

5 projects nearby

Traralgon is experiencing moderate infill and town-centre focused development activity, with council-led revitalisation projects and transport infrastructure upgrades anchoring growth. Residential subdivision and multi-unit approvals reflect demographic demand in the Latrobe Valley region, though development intensity remains below major metropolitan growth corridors. The focus remains on supporting regional economic resilience and CBD renewal rather than speculative large-scale greenfield expansion.

Heritage

Heritage listed

Traralgon's town centre and surrounding areas contain a modest collection of late 19th and early 20th century heritage buildings reflecting the town's development as a regional centre. The central business district has a local heritage overlay protecting key civic and commercial structures. Most residential properties outside the conservation area are not individually heritage-listed, though the suburb retains period character in older neighbourhoods.

Sources: Australian Gov open data, OpenStreetMap + StMate AI

Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

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