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75 Melrossa Road

Traralgon East, VIC 3844, Australia
$585,000
3 bed 2 bath

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Area Price Guide
$549,900$620,100

Indicative price guide range

🏘️
66
Comparable
📊
$648,561
Area median
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-10%
vs median
🗓️
1 month ago
Listed

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Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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About this property

TAG Real Estate Victoria proudly presents a prime 5.4-acre allotment within the General Residential Zone and part of the Traralgon East Precinct Structure Plan (PSP), this property combines immediate lifestyle benefits with exceptional long-term potential. A well-maintained three-bedroom residence with multiple living areas, heating and cooling, and a double carport provides comfortable accommodation, while the large industrial machinery shed offers valuable storage or rental income opportunities. The location is equally compelling. Just minutes from Traralgon's town centre and adjacent to established residential housing, the property offers unparalleled convenience with schools, parks and sporting grounds nearby. Traralgon is one of regional Victoria's fastest-growing hubs, with population projected to increase by more than 230% between 2021 and 2041. Median house values have already surged by over 76% in the past five years, reflecting the strong appetite for housing and sustained demand in the area. As part of the Traralgon East PSP, the property is strategically positioned for future subdivision and development (STCA). This creates an outstanding land-banking opportunity, with the ability to generate holding income today while securing substantial capital growth into the future. For investors seeking scale, growth potential, and a property that blends immediate utility with significant upside, 75 Melrossa Road represents a rare and highly desirable acquisition. Key Features 5.4 acres within the Traralgon East PSP Zoned General Residential Solid 3-bedroom home with multiple living areas Fully fenced paddocks offering flexibility Minutes to Traralgon CBD, schools, parks & transport Talk to us today about how 75 Melrossa Road can fit into your investment strategy. TAG Real Estate Victoria - exclusive selling agents

Property Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $2,836/month
    $1,418 /fortnight
    Loan $468,000 at 6.10% over 30 years

    Upfront costs

    Deposit$117,000
    Stamp duty$30,170
    Conveyancing (est.)$2,000
    Total upfront$149,170
    Verify with VIC revenue office →
    Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

    Property Details

    Property Type
    house
    Listing Type
    For Sale
    Bedrooms
    3
    Bathrooms
    2
    Listed
    1 month ago

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