Suburb Profile Report for Traralgon East VIC (3844)

Traralgon East House: Median price $445,000, Annual capital growth 4.39%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property investors who have had real estate in Traralgon East, 3844 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 2.77%

Over the longer term, Traralgon East has seen property prices show investors a 8.54% return over the last 3 years. This is worse than over the last 12 months

Property investors looking for a bargain in Traralgon East should be aiming for at least -5.73% off the asking price, which is the average vendor discount being achieved at the moment.

Residents and property investors in Traralgon East have been waiting around 159.14 days to sell a property.

HOUSE UNIT
$445,000 N/A
5.95% N/A
2.77% N/A
4.39% N/A
N/A N/A
14 N/A
N/A N/A
159.14 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (U), Above average (H)
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Demographics
Total population 1864
Median household income ($/weekly) 1963
Median age of persons 38
Median housing loan repayment ($/monthly) 1831
Average household size 3
  • Census Count Percent(%)
    5-14 years 312 16.7
    15-19 years 173 9.3
    35-44 years 323 17.3
    45-54 years 307 16.5
    55-64 years 231 12.4
    Others 518 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 856 64.3
    Not Married 360 27.0
    Defacto Relationship 115 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1635 90.3
    Greece 12 0.7
    Japan 14 0.8
    Papua New Guinea 16 0.9
    United Kingdom 71 3.9
    Others 63 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1328 75.7
    No Religion 410 23.4
    Buddhism 13 0.7
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 46 8.7
    $1,500-$1,999 70 13.3
    $2,000-$2,499 70 13.3
    $2,500-$2,999 82 15.6
    $3,000-$3,499 57 10.8
    Others 202 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 623 44.4
    Not in the labour force 371 26.4
    Employed, worked part-time 323 23.0
    Employed, away from work 53 3.8
    Unemployed, looking for work 33 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 14.0
    Professionals 190 19.0
    Technicians & trades workers 175 17.5
    Clerical & administrative workers 160 16.0
    Sales 101 10.1
    Others 235 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 31 6.2
    Infants/Primary 204 40.6
    Secondary 185 36.8
    Technical or Further Educational Institution 30 6.0
    University or other Tertiary Institutions 35 7.0
    Others 18 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1783 99.7
    Caravan, cabin, houseboat 5 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 324 55.2
    Fully owned 218 37.1
    Rented 45 7.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals