At number 3125th 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 -1.82% recorded in median house prices.
If we look at median property appreciation over just the last three months, Traralgon has given property investors a paper return of -1.82%. This puts Suburb as 604 on a list of fastest fasting appreciating suburbs in VIC
Property investors looking for a bargain in Traralgon should be aiming for at least -6.19% off the asking price, which is the average vendor discount being achieved at the moment.
A $280 per week rent on the median house gives suburb investors a gross yield of circa 5.39%, without taking into account capital value appreciation, which has been averaging out at 3.40%.
Traralgon is in the bottom 30% in VIC when comparing median price capital growth over the last year. Traralgon gave property investors a disappointing capital gain figure when compared to the rest of the state, with -2.64%.
When looking at the potential capital gains offered to property investors over the last 3 years, Traralgon comes in at number 335th in VIC.
State is the 6th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.08% offered to property buyers. Sellers in Traralgon itself are offering an average vendor discount of -6.57% to real estate investors.
The VIC suburb of Traralgon, 3844 is in the Latrobe local government area.