Suburb Profile Report for Traralgon East VIC (3844)

Traralgon East House: Median price $487,500, Annual capital growth 3.39%, Number of sales 12, Weekly median advertised rent $405

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

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Traralgon East, 3844 ranked 192th in VIC when comparing growth in median property values or capital gain over the last 12 months. Traralgon East is one of 2099 in our list for VIC

If we look at median property appreciation over just the last three months, Traralgon East has given property investors a paper return of 12.07%. This puts Suburb as 14 on a list of fastest fasting appreciating suburbs in VIC

With the median price for a house in Traralgon East being $487500 and the advertised rent reaching $405 the gross rental yield for property investors calculates out to be 4.32%

Metrics i HOUSE UNIT
$487,500 N/A
12.07% N/A
4.28% N/A
3.39% N/A
$405 N/A
12 N/A
4.32% N/A
N/A N/A

Source: Monthly data update for Nov 2019 as supplied by CoreLogic. Data is reported to the period ending Aug 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Balanced (H), Balanced (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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