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Traralgon
AREA REPORTS

Traralgon

Traralgon - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3844

house
unit

Based on its average 5-year and quarterly capital gains TRARALGON, 3844 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that TRARALGON, 3844 obtained a 3.95% growth over a ten-year period. It ranks 2686th on our list of suburbs that property investors should look into.

TRARALGON, 3844 in VIC belongs to the local government area of Latrobe (C) (Vic.).

TRARALGON, 3844 has a capital gain of 17.47% for the past year, which is higher than average compared to its 43.25% growth within a five-year period.

With the median home price in TRARALGON sitting at $390,000, and the average rent at $380, property owners could potentially earn a 5.07% increase in gross rental yield.

Figures from the previous quarter show that capital gains for real estate buyers in TRARALGON are low, as opposed to average gains per annum over the past five years.

Data report can be found below

Traralgon
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $390,000 $269,000
GROWTH REPORT
Median Quarterly 4% 10.36%
Median 12 month 17.47% 22.83%
Median 3 years 32.2% 24.39%
Median 5 years 43.25% 30.58%
10 years average annual 3.95% 2.69%
Weekly media advert. rent $380 $282.5
Time on Market 46.2 days 40.9 days
Gross Rental Yield Percent 5.07% 5.46%
demographics (median values)*
Total Population
28980
Weekly Household Income
1321
Household Size
2.40
Age
38
Monthly Loan Repayment
1400
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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