VIC has seen average median house prices change by 8.27% which means that Traralgon, 3844 has done well for property investors by showing a capital gain of -1.82% over the last year
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.
The most recent median price for Traralgon is $270000, with sellers offering an average of -6.17% off the asking price.
Using the current median advertised rental of $280 and the average annual increase in value of a median property of 3.41%, investors should hope to achieve an overall return of 5.39%
VIC has seen average median house prices change by 3.49% which means that Traralgon, 3844 has done well for property investors by showing a capital gain of 10.57% over the last year
While Traralgon,3844 ranked number 54th in VIC for increase in median house value (annualised) increase, it is ranked 296th over the last 5 years.
At number 82th of VIC’s most discounted properties, Traralgon is in the bottom 30% of the state/territory when listing in order of most discounted to least.
In the last year 48 properties changed hands in Traralgon, which puts it as the 181th most active market in VIC when comparing the number of sales per suburb.
Situated 144.17km from the CBD, Traralgon is one of Latrobe localities in the postcode 3844.