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 2.56% growth over a ten-year period. It ranks 1716th on our list of suburbs that property investors should look into.
TRARALGON, 3844 in VIC belongs to the local government area of Latrobe.
TRARALGON, 3844 has a capital gain of 2.53% for the past year, which is higher than average compared to its 5.97% growth within a five-year period.
With the median home price in TRARALGON sitting at $284,000, and the average rent at $290, property owners could potentially earn a 5.31% 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.
TRARALGON, 3844 delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $202,500.
Profits due to an downward trend in home prices in TRARALGON, 3844 averaged -3% per annum over a 3-year period.
Home owners selling their properties and realtors in TRARALGON usually have to wait an average of 137.5 days days before their assets are lifted off the market.
Average weekly rents on listings have reached the $230 mark, reflecting a 5.91% increase in returns based on the current median price in TRARALGON.
TRARALGON, 3844 places 200th in Australia based on median property value growth during the quarter.