With a capital gain of -0.74% for the last 12 months, Traralgon, 3844 has performed for property investments than its average annual 3.40% property growth over the last 5 years.
The five-year average increase in median property values for Traralgon,3844 has given property investors a potential capital gain of 0.47% across each of those five years.
Property buyers and investors in Traralgon 3844 should be seeing an average reduction in asking price of around -6.10% . This means that Traralgon is holding prices well when compared to other suburbs in VIC.
In the last year 446 properties changed hands in Traralgon, which puts it as the 15th most active market in VIC when comparing the number of sales per suburb.
Traralgon, 3844 ranked 226th in VIC when comparing growth in median property values or capital gain over the last 12 months. Traralgon is one of 2098 in our list for VIC
Comparing Traralgon,3844 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
LACK OF BUYER INTEREST may well be the reason that Traralgon is offering property investors an average of -5.14. This rate of discount on properties puts Suburb at number 71th in terms of most discounted suburbs in VIC
With the median price for a house in Traralgon being $210000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 5.70%