1 Ethel Street, Traralgon, Vic 3844

$850,000

House
Type
7
Bedrooms
4
Bathrooms
3
Parkings
747 m²
Area

Published on Tuesday, June 30, 2026 ( See property details for 1 Ethel Street, Traralgon, Vic 3844)

$850,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A rare dual-residence property in Traralgon offering exceptional income potential, flexible living arrangements, and a prime CBD location.

🏡 Property Highlights

  • Dual residences on a single title offering versatile living options
  • Outstanding income potential with long-term tenants in place
  • Prime location within walking distance to Traralgon's CBD and amenities
  • Modern townhouse with outdoor entertaining and dedicated home gym
  • Established, well-maintained original home with polished timber floors
  • Strong investment opportunity suitable for multi-generational living or rental income

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Home Office / Study
  • Security Screens / Gates
  • Fly Screens
  • Ensuite
  • Waterfront / Views
  • Low-Maintenance Yard
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1 Ethel Street
Traralgon, VIC 3844
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Vertical aerial view — 1 Ethel Street
1 Ethel Street — Vertical Aerial  •  Traralgon, VIC 3844  •  Nearmap © 2026

Traralgon is a vibrant regional centre offering excellent amenities, a strong community atmosphere, and convenient access to shopping, dining, and entertainment. The suburb boasts a mix of historic charm and modern developments, making it ideal for families and investors alike. Its strategic location provides easy connectivity to major transport routes and regional attractions. With a reputation for stability and growth, Traralgon presents a compelling opportunity for property buyers seeking both lifestyle and investment benefits. The area is well-served by schools, parks, and local services, ensuring a comfortable and convenient living environment.

What are the current rental yields for these properties?
The established residence is currently leased to long-term tenants providing reliable rental income, while the modern townhouse offers potential for high rental yields as a short-term or long-term rental, depending on your investment strategy.
Are there any planning or zoning restrictions for future development?
The property is situated on a standard residential zone within Traralgon, but it is advisable to consult local council regulations for any specific planning or development restrictions.
What is the condition of the original home and the townhouse?
Both residences are well-maintained; the original home features polished timber floors and a neat presentation, while the townhouse boasts modern finishes and a low-maintenance outdoor area.
Is there scope to add value or renovate either residence?
Yes, both properties offer potential for further improvements or extensions, subject to council approvals and compliance with local regulations.
What are the nearby amenities and transport options?
The properties are within walking distance to Traralgon's CBD, including cafes, restaurants, shopping centres, and public transport options, providing excellent convenience.
Are there any existing or past issues with the structural integrity or foundation of either residence? Have all necessary planning permits and approvals been obtained for the current structures and any recent renovations? Are there any easements, covenants, or zoning restrictions that could affect future use or development? What are the total ongoing costs, including council rates, strata fees (if applicable), and maintenance? Is there any history of flooding, bushfire risk, or other environmental hazards in the area? Are there any upcoming developments or construction projects nearby that could impact the property’s value or living environment? What are the terms of the current lease agreements, and are there any restrictions on future tenancy or owner-occupancy? Are there any shared facilities or community arrangements associated with the property? Has a recent pest and building inspection been conducted? Are there any restrictions or conditions related to the use of the outdoor entertaining area or other outdoor spaces?

1 Ethel Street, Traralgon, Vic 3844 - More Details

$850,000

Type
House
Bedrooms
7
Bathrooms
4
Parkings
3
Area
747 m²

Price guide

View Statement Of Information

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Interactive Property Floorplan - 1 Ethel Street, Traralgon, Vic 3844

1 Ethel Street, Traralgon, Vic 3844
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