Truganina

POSTAL CODE: VIC, 3029
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TRUGANINA ranks 333rd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 3.08% for the past year is lower than average compared to its 15.52% growth within a five-year period.

Also in TRUGANINA, the median home price is sitting at $670,000, and the average rent at $525, this suggests property owners could potentially earn a 4.07% increase in gross rental yield.

Property investors have seen a 0% gain in TRUGANINA based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.71% growth over a ten-year period. It ranks 2888th on our list of suburbs that property investors should look into.

Surburb overview

Truganina, located approximately 22.4 kilometres west of Melbourne's Central Business District, is a rapidly growing suburb within the Cities of Melton and Wyndham local government areas. According to the 2021 Census, it has a population of 36,305 residents. 

The suburb's demographic profile is diverse, with a median age of 29. Households in Truganina are primarily couples with children, reflecting its family-friendly environment. The area has experienced significant population growth, increasing from 9,138 residents in 2011 to 20,681 in 2016 and reaching over 36,000 by 2021. 

Public transportation in Truganina is developing, with several bus routes connecting residents to nearby train stations and surrounding suburbs. The suburb is served by bus routes such as 151, 152, and 154, which link to Tarneit and Williams Landing railway stations, providing access to Melbourne's broader train network. Plans for future infrastructure developments, including a proposed train station and shopping centre, aim to enhance connectivity and amenities for residents. 

Truganina hosts essential establishments catering to daily needs. The suburb features several shopping centres, including Wyndham Village Shopping Centre and Tarneit Central Shopping Centre, offering a variety of retail outlets, dining options, and services. For healthcare, residents can access nearby facilities such as the Werribee Mercy Hospital and various medical clinics in the surrounding areas. 

Recreational opportunities abound in Truganina. The suburb has numerous parks and open spaces, such as Skeleton Creek and Forsyth Park, providing areas for outdoor activities and community events. These facilities support a range of sports and leisure pursuits for residents, contributing to a vibrant community atmosphere. 

Truganina's rapid development, cultural diversity, emerging public transport infrastructure, essential services, and recreational facilities contribute to its appeal as a residential suburb within Melbourne's western region. 

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