Suburb Profile Report for Traralgon East VIC (3844)

Traralgon East House: Median price $440,000, Annual capital growth 2.84%, Number of sales 26, Weekly median advertised rent $353

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
  • House Report

Property value increases in Traralgon East have tracked just lower than the VIC average of 4.75% over the last 12 months.

If we look at median property appreciation over just the last three months, Traralgon East has given property investors a paper return of -5.88%. This puts Suburb as 663 on a list of fastest fasting appreciating suburbs in VIC

Property investors looking for a bargain in Traralgon East should be aiming for at least -4.26% off the asking price, which is the average vendor discount being achieved at the moment.

Advertised rents are around the $353 mark per week – giving a return of 4.17% based on the median price in Suburb

Metrics i HOUSE UNIT
$440,000 N/A
-5.88% N/A
-2.22% N/A
2.84% N/A
$353 N/A
26 N/A
4.17% N/A
93.12 N/A

Source: CoreLogic

Disclaimer: The data presented here is the latest available data at the time of upload each month. Please note that data is routinely updated by our partners, so may change month to month.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 1864
Median household income ($/weekly) 1963
Median age of persons 38
Median housing loan repayment ($/monthly) 1831
Average household size 3
  • Census Count Percent(%)
    5-14 years 312 16.7
    15-19 years 173 9.3
    35-44 years 323 17.3
    45-54 years 307 16.5
    55-64 years 231 12.4
    Others 518 27.8
    Age Group
    Census Count Percent(%)
    Registered Married 856 64.3
    Not Married 360 27.0
    Defacto Relationship 115 8.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1635 90.3
    Greece 12 0.7
    Japan 14 0.8
    Papua New Guinea 16 0.9
    United Kingdom 71 3.9
    Others 63 3.5
    Country of Birth
    Census Count Percent(%)
    Christianity 1328 75.7
    No Religion 410 23.4
    Buddhism 13 0.7
    Other Religious Groups 3 0.2
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,000-$1,249 46 8.7
    $1,500-$1,999 70 13.3
    $2,000-$2,499 70 13.3
    $2,500-$2,999 82 15.6
    $3,000-$3,499 57 10.8
    Others 202 38.3
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 623 44.4
    Not in the labour force 371 26.4
    Employed, worked part-time 323 23.0
    Employed, away from work 53 3.8
    Unemployed, looking for work 33 2.4
    Person Characteristics
  • Census Count Percent(%)
    Managers 140 14.0
    Professionals 190 19.0
    Technicians & trades workers 175 17.5
    Clerical & administrative workers 160 16.0
    Sales 101 10.1
    Others 235 23.5
    Occupation
    Census Count Percent(%)
    Pre-school 31 6.2
    Infants/Primary 204 40.6
    Secondary 185 36.8
    Technical or Further Educational Institution 30 6.0
    University or other Tertiary Institutions 35 7.0
    Others 18 3.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1783 99.7
    Caravan, cabin, houseboat 5 0.3
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 324 55.2
    Fully owned 218 37.1
    Rented 45 7.7
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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