51 Bank Street
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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
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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 63 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
Future Development
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.
Nearby projects
5
Closest
0 km
Traralgon Town Centre Revitalisation
Distance from this property is exact (rings = km). Direction is illustrative.
Traralgon Town Centre Revitalisation
0 kmCouncil-led streetscape and retail precinct upgrade along Campbell Street and surrounding CBD core.
2025-2026
Multi-unit residential development - central
0.3 kmMedium-density apartment or townhouse development in the town centre supporting infill growth.
2025
Traralgon Railway Station Precinct Upgrade
0.8 kmStation accessibility improvements and car parking expansion supporting regional rail connectivity.
2024
Commercial retail expansion
1.2 kmLocal retail and commercial space development catering to regional demand in the Latrobe Valley.
2025-2026
Residential subdivision - Gippsland Region
2.5 kmNew greenfield residential estate on the fringe of Traralgon offering 80-120 dwelling lots.
2024-2025
Suburb market
Suburb price trend
Traralgon price trend
Median sold · House 3 bed
Compound growth +6.2% / yr over 4 yrs
Suburb-wide medians from sold listings — a guide to the area, not this specific property.
Full Traralgon marketThis listing
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