At number 650th in the list of Australian suburbs ordered by increase in median house value over the last year, Truganina, 3029 is in the top 20% with a property value increase of 13.33% recorded in median house prices.
Truganina,3029 has offered an average of 13.33% return per annum in house price rises to property investors over the last three years.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Truganina, 3029. Typically our figures indicate that -6.15% is being offered, which puts this VIC suburb at 1767th most discounted overall in Australia.
Residents and property investors in Truganina have been waiting around 71.25 days to sell a property.
Advertised rents are around the $365 mark per week – giving a return of 4.47% based on the median price in Suburb
Over the last year, property investments in Truganina, 3029 have given investors a capital gain of 4.76%. This compares averagely with the 3.63% for VIC as a whole.
Truganina,3029 was ranked 786 in Australia by increase in median property value over the quarter.
Vendor discounting in Truganina is giving property investors an average Vendor Discount of around -4.71%. This puts suburb at number 185th in VIC when ranking the most discounted suburbs.
With the median price for a house in Truganina being $330000 and the advertised rent reaching $320 the gross rental yield for property investors calculates out to be 5.04%