Investment property in Truganina has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 11.39%
Taking the average capital gain, or increase in median house value, Truganina,3029 has racked up an average of 11.39% over the period. This ranks it number 1720th in the whole country for real estate investors looking at median house price increases.
At number 36th 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.
Property investors who have had real estate in Truganina, 3029 should be ok with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.78%
When looking at the potential capital gains offered to property investors over the last 3 years, Truganina comes in at number 30th in VIC.
At number 144th of VIC’s most discounted properties, Truganina is in the middle of the state/territory when listing in order of most discounted to least.
In the last year 39 properties changed hands in Truganina, which puts it as the 221th most active market in VIC when comparing the number of sales per suburb.
A $330 per week rent on the median house gives suburb investors a gross yield of circa 5.05%, without taking into account capital value appreciation, which has been averaging out at 3.68%.