Suburb Profile Report for Truganina VIC (3029)

Truganina House: Median price $480,000, Annual capital growth 6.06%, Number of sales 404, Weekly median advertised rent $373

Truganina Unit: Median price $360,000, Annual capital growth 4.34%, Number of sales 45, Weekly median advertised rent $335

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

Source: CoreLogic

  • House Report
  • Unit Report

Property value increases in Truganina have tracked just higher than the VIC average of 11.00% over the last 12 months.

Comparing Truganina,3029 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Sellers are offering property buyers an average discount of -9.00% to buyers in Truganina at the moment, which is less than average for the rest of VIC.

Residents and property investors in Truganina have been waiting around 64.95 days to sell a property.

With the median price for a house in Truganina being $480000 and the advertised rent reaching $372.5 the gross rental yield for property investors calculates out to be 4.04%

Truganina has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 9.09% to date .

If we look at median property appreciation over just the last three months, Truganina has given property investors a paper return of 3.45%. This puts Suburb as 104 on a list of fastest fasting appreciating suburbs in VIC

Sellers are offering property buyers an average discount of -6.54% to buyers in Truganina at the moment, which is less than average for the rest of VIC.

Truganina is 90th on a list of best yielding suburbs for rents in VIC with a 4.84% return

Metrics i HOUSE UNIT
$480,000 $360,000
6.67% 3.45%
17.07% 9.09%
6.06% 4.34%
$373 $335
404 45
4.04% 4.84%
64.95 51.51

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
Find a mortgage broker in Truganina VIC
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