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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 3.04% growth over a ten-year period. It ranks 2548th 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 5.23% for the past year, which is higher than average compared to its 24.36% growth within a five-year period.

With the median home price in TRARALGON sitting at $342,000, and the average rent at $350, property owners could potentially earn a 5.32% 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 $342,000 $219,000
GROWTH REPORT
Median Quarterly 3.32% 0%
Median 12 month 5.23% 1.86%
Median 3 years 18.75% 5.54%
Median 5 years 24.36% 5.29%
10 years average annual 3.04% 0.65%
Weekly media advert. rent $350 $270
Time on Market 70.7 days 93.3 days
Gross Rental Yield Percent 5.32% 6.41%
demographics (median values)
Total Population
28980
Weekly Household Income
1321
Household Size
2.40
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