Over the last year, property investments in Traralgon, 3844 have given investors a capital gain of 0.93%. This compares badly with the 8.23% for VIC as a whole.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Traralgon has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Traralgon should be aiming for at least -6.18% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Traralgon being $271500 and the advertised rent reaching $280 the gross rental yield for property investors calculates out to be 5.36%
Traralgon is in the bottom 10% in VIC when comparing median price capital growth over the last year. Traralgon gave property investors a dismal capital gain figure when compared to the rest of the state, with -8.90%.
While Traralgon,3844 ranked number 180th in VIC for increase in median house value (annualised) increase, it is ranked 318th over the last 5 years.
Traralgon, 3844 is offering VIC ‘s 39th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this VIC.
With the median price for a house in Traralgon being $199500 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.99%