At number 544th in the list of Australian suburbs ordered by increase in median house value over the last year, Truganina, 3029 is in the top 20% with a property value increase of 19.33% recorded in median house prices.
Across a shorter period, Truganina, 3029 has seen a median price increase of 6.21% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Truganina is offering property investors an average of -3.33. This rate of discount on properties puts Suburb at number 7th in terms of most discounted suburbs in VIC
In the last year 387 properties changed hands in Truganina, which puts it as the 29th most active market in VIC when comparing the number of sales per suburb.
Truganina, 3029’s gross rental yield is 3.95%
Over the last year, property investments in Truganina, 3029 have given investors a capital gain of 12.88%. This compares favourably with the 6.72% for VIC as a whole.
While Truganina,3029 ranked number 69th in VIC for increase in median house value (annualised) increase, it is ranked 147th over the last 5 years.
Truganina, 3029’s gross rental yield is 4.68%