Traralgon at a glance
27,780
People
No data
Median sale
$436/wk
Median rent
No data
Suburb gross yield
VIC › Traralgon › Queens Pde
$990,000–$1,029,000
For sale
Asking range
4
Bedrooms
2
Bathrooms
2
Car spaces
503 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$990,000–$1,029,000
Asking range · $1,968/m² of land
No recorded sale for this property.
Traralgon at a glance
27,780
People
No data
Median sale
$436/wk
Median rent
No data
Suburb gross yield
Based on the low end of the asking range, not a contract price.
$60,571 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Traralgon's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $436/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.3%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Traralgon at a glance
27,780
People
No data
Median sale
$436/wk
Median rent
No data
Suburb gross yield
Listing material
Listed by First National Real Estate LatrobeAt 23 Queens Parade, the layout itself is the hero — but the finishes, outdoor spaces and location make the story even stronger.
Circa 1900 and showcasing Edwardian architecture, this distinctive split-level home is full of character, blending period charm with modern comfort across four bedrooms, two bathrooms and a floor plan that gives families room to spread out, come together and adapt as life changes.
A substantial family room is paired with a separate living area, while the stunning central kitchen connects easily to the everyday zones and includes a walk-in pantry for practical storage. The home's character is immediately felt through its exposed brickwork, timber features and polished concrete flooring, creating a warm yet contemporary feel with an architectural edge.
The main bedroom is privately positioned and comes with a walk-in robe and ensuite, creating a genuine parents' retreat. A further downstairs bedroom adds flexibility for guests, older children, a nursery or a home office setup, depending on your needs. Upstairs, two more generously sized bedrooms sit alongside the main bathroom, a study nook, multiple storage areas and skylights that enhance the natural light into the upper level.
The home is comforted by gas ducted heating, ducted refrigerated cooling and ceiling fans. Extras include a security alarm, security camera system, double-glazed windows and extensive insulation.
The split-level transitions give the home a more interesting feel than a standard single-level layout with the warmth of timber-floors and contrasting polished concrete. Outside, fully landscaped gardens, established greenery, brick boundary walls, timber detailing and inviting outdoor entertaining spaces add to the home's charm and sense of privacy. The courtyard-style garden offers a relaxed setting for family barbecues, morning coffee or unwinding at the end of the day, complete with a mains gas barbecue, wireless watering system and open fireplace.
An oversized double garage adds everyday convenience, while the garden shed includes power and water. The location also places you close to the heart of town. From here, you are within easy reach of the Traralgon CBD, train station, shops, cafés and daily essentials — ideal for those who like the idea of a short walk for a morning coffee, a quick trip into town or convenient access to transport when commuting to the city.
If you value a home with strong proportions, flexible living zones, quality character finishes, Edwardian character and a floor plan that feels a little different from the norm, 23 Queens Parade deserves a closer look.
To arrange an inspection, contact Tarra Nixon on 0477 013 311 or Julia Demosthenous on 0461 333 119.
Listing description written by Tarra Nixon, First National Real Estate Latrobe — reproduced as published, not verified by Districts.