Markets In A ‘sound’ State Despite Shift: PIPA
The winds of change are sweeping through the country’s real estate market, but for Property Investment Professionals o...
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 4.51% growth over a ten-year period. It ranks 2537th 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 20.29% for the past year, which is higher than average compared to its 53.7% growth within a five-year period.
With the median home price in TRARALGON sitting at $415,000, and the average rent at $390, property owners could potentially earn a 4.89% 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.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||20.29%||36.07%|
|Median 3 years||37.19%||43.44%|
|Median 5 years||53.7%||47.16%|
|10 years average annual||4.51%||2.94%|
|Weekly media advert. rent||$390||$295|
|Time on Market||40.3 days||42.5 days|
|Gross Rental Yield Percent||4.89%||5.15%|