VIC has seen average median house prices change by 9.04% which means that Truganina, 3029 has done well for property investors by showing a capital gain of 10.55% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Truganina has increased when compared to the 5 year average annual rate.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.80% offered to property buyers. Sellers in Truganina itself are offering an average vendor discount of -11.14% to real estate investors.
On average over the past year, suburb has had 33.75 sales per month, which equates to 405 per year.
Situated 20.71km from the CBD, Truganina is one of Melton localities in the postcode 3029.
VIC has seen average median house prices change by 4.28% which means that Truganina, 3029 has done well for property investors by showing a capital gain of 7.08% over the last year
When looking at the potential capital gains offered to property investors over the last 3 years, Truganina comes in at number 15th in VIC.
Truganina, 3029 is offering VIC ‘s 164th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.
At number 347 in a list of fastest selling suburbs, Truganina is in the TOP 30% of suburbs in Australia with an average of days on market 56.04 for properties listed there.
Advertised rents are around the $330 mark per week – giving a return of 4.93% based on the median price in Suburb