Suburb Profile Report for Truganina VIC (3029)

Truganina House: Median price $447,500, Annual capital growth 5.26%, Number of sales 413, Weekly median advertised rent $370

Truganina Unit: Median price $351,000, Annual capital growth 4.05%, Number of sales 33, Weekly median advertised rent $330

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Truganina have tracked close to the VIC average of 9.78% over the last 12 months.

Across a shorter period, Truganina, 3029 has seen a median price increase of 3.95% over the last quarter.

At number 30th of VIC’s most discounted properties, Truganina is in the bottom 10% of the state/territory when listing in order of most discounted to least.

At number 1566 in a list of fastest selling suburbs, Truganina is just in the top half of suburbs in Australia with an average of days on market 71.33 for properties listed there.

Truganina, 3029’s gross rental yield is 4.30%

With a capital gain of 8.00% for the last 12 months, Truganina, 3029 has performed for property investments than its average annual 4.05% property growth over the last 5 years.

When looking at the potential capital gains offered to property investors over the last 3 years, Truganina comes in at number 11th in VIC.

Truganina3029 is located in VIC which offers an average discount of -4.95% to property investors. Truganina itself is showing figures that indicate -4.06% is the average achievable by property buyers investing in the suburb.

In the last year 33 properties changed hands in Truganina, which puts it as the 247th most active market in VIC when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$447,500 $351,000
3.95% 3.54%
11.88% 8.00%
5.26% 4.05%
$370 $330
413 33
4.30% 4.89%
71.33 52.58

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 9138
Median household income ($/weekly) 1451
Median age of persons 28
Median housing loan repayment ($/monthly) 1950
Average household size 3.1
  • Census Count Percent(%)
    0-4 years 1115 12.2
    5-14 years 1239 13.6
    25-34 years 2681 29.3
    35-44 years 1548 16.9
    45-54 years 793 8.7
    Others 1762 19.3
    Age Group
    Census Count Percent(%)
    Registered Married 2853 50.5
    Not Married 2099 37.2
    Defacto Relationship 693 12.3
    Social Marital Status
  • Census Count Percent(%)
    Australia 4582 52.9
    Indonesia 890 10.3
    Papua New Guinea 535 6.2
    Philippines 343 4.0
    Other 1092 12.6
    Others 1225 14.1
    Country of Birth
    Census Count Percent(%)
    Christianity 3761 49.2
    Hinduism 668 8.7
    Islam 1289 16.9
    Other Religious Groups 277 3.6
    No Religion 1385 18.1
    Others 269 3.5
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 208 8.8
    $1,000-$1,249 283 12.0
    $1,250-$1,499 241 10.2
    $1,500-$1,999 423 17.9
    $2,000-$2,499 337 14.2
    Others 874 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 2857 44.2
    Not in the labour force 2183 33.7
    Employed, worked part-time 855 13.2
    Unemployed, looking for work 333 5.1
    Employed, away from work 243 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 717 18.1
    Technicians & trades workers 512 12.9
    Clerical & administrative workers 647 16.4
    Machinery operators & drivers 504 12.7
    Labourers 411 10.4
    Others 1163 29.4
    Occupation
    Census Count Percent(%)
    Pre-school 194 9.8
    Infants/Primary 769 38.9
    Secondary 443 22.4
    Technical or Further Educational Institution 166 8.4
    University or other Tertiary Institutions 285 14.4
    Others 120 6.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7277 90.8
    Flat, unit or apartment 436 5.4
    Semi-detached, row or terrace house, townhouse 298 3.7
    House or flat attached to a shop, office 5 0.1
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 1492 59.0
    Rented 890 35.2
    Fully owned 136 5.4
    Other tenure type 12 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals