Over the last year, property investments in Traralgon, 3844 have given investors a capital gain of 3.77%. This compares badly with the 7.80% for VIC as a whole.
The five-year average increase in median property values for Traralgon,3844 has given property investors a potential capital gain of 2.61% across each of those five years.
Traralgon, 3844 is offering VIC ‘s 246th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this VIC.
In the last year 444 properties changed hands in Traralgon, which puts it as the 18th most active market in VIC when comparing the number of sales per suburb.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 4.04%, investors should hope to achieve an overall return of 5.29%
At number 1274th in the list of Australian suburbs ordered by increase in median house value over the last year, Traralgon, 3844 is in the BOTTOM 30% with a property value increase of -2.59% recorded in median house prices.
Taking the average capital gain, or increase in median house value, Traralgon,3844 has racked up an average of -2.59% over the period. This ranks it number 1199th in the whole country for real estate investors looking at median house price increases.
Property investors looking for a bargain in Traralgon should be aiming for at least -7.35% off the asking price, which is the average vendor discount being achieved at the moment.
Renters in Suburb are facing rents around $2760 per annum or $230 every week.