With a capital gain of 2.48% for the last 12 months, Traralgon, 3844 has performed for property investments than its average annual 3.43% property growth over the last 5 years.
While Traralgon,3844 ranked number 391th in VIC for increase in median house value (annualised) increase, it is ranked 606th over the last 5 years.
At number 197th of VIC’s most discounted properties, Traralgon is in the bottom 40% of the state/territory when listing in order of most discounted to least.
Traralgon, 3844’s gross rental yield is 5.31%
Traralgon is in the TOP 30% in VIC when comparing median price capital growth over the last year. Traralgon gave property investors a good capital gain figure when compared to the rest of the state, with 10.75%.
While Traralgon,3844 ranked number 54th in VIC for increase in median house value (annualised) increase, it is ranked 313th over the last 5 years.
LACK OF BUYER INTEREST may well be the reason that Traralgon is offering property investors an average of -4.95. This rate of discount on properties puts Suburb at number 44th in terms of most discounted suburbs in VIC
On average over the past year, suburb has had 4.17 sales per month, which equates to 50 per year.
Using the current median advertised rental of $237.5 and the average annual increase in value of a median property of 3.05%, investors should hope to achieve an overall return of 5.58%