Suburb Profile Report for Traralgon VIC (3844)

Traralgon House: Median price $308,000, Annual capital growth 3.35%, Number of sales 499, Weekly median advertised rent $315

Traralgon Unit: Median price $225,500, Annual capital growth 3.61%, Number of sales 59, Weekly median advertised rent $250

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

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

  • House Report
  • Unit Report

Property value increases in Traralgon have tracked just higher than the VIC average of -1.69% over the last 12 months.

When looking at the potential capital gains offered to property investors over the last 3 years, Traralgon comes in at number 458th in VIC.

Our latest figures would indicate that property sellers in Traralgon are currently offering property investors an average price cut of -4.43% below the asking price at the moment.

Traralgon is 61th on a list of best yielding suburbs for rents in VIC with a 5.32% return

Traralgon, 3844 ranked 66th in VIC when comparing growth in median property values or capital gain over the last 12 months. Traralgon is one of 2099 in our list for VIC

Traralgon,3844 was ranked 154 in Australia by increase in median property value over the quarter.

Traralgon, 3844 is offering VIC ‘s 126th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this VIC.

Situated 143.97km from the CBD, Traralgon is one of Latrobe (C) (Vic.) localities in the postcode 3844.

Metrics i HOUSE UNIT
$308,000 $225,500
-1.75% 5.70%
5.30% 7.38%
3.35% 3.61%
$315 $250
499 59
5.32% 5.76%
79.3289473684211 103.642857142857

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

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 23834
Median household income ($/weekly) 1125
Median age of persons 36
Median housing loan repayment ($/monthly) 1317
Average household size 2.4
  • Census Count Percent(%)
    5-14 years 3132 13.1
    25-34 years 3459 14.5
    35-44 years 3090 13.0
    45-54 years 3171 13.3
    55-64 years 2631 11.0
    Others 8351 35.0
    Age Group
    Census Count Percent(%)
    Registered Married 7969 47.6
    Not Married 6801 40.6
    Defacto Relationship 1961 11.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 19352 86.6
    New Zealand 212 0.9
    Papua New Guinea 274 1.2
    United Kingdom 875 3.9
    Other 433 1.9
    Others 1197 5.4
    Country of Birth
    Census Count Percent(%)
    Buddhism 206 1.0
    Christianity 14816 68.9
    Hinduism 133 0.6
    Islam 95 0.4
    No Religion 6136 28.5
    Others 109 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 983 12.0
    $600-$799 831 10.2
    $1,000-$1,249 766 9.4
    $1,500-$1,999 1071 13.1
    $2,000-$2,499 711 8.7
    Others 3823 46.7
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 6771 37.9
    Not in the labour force 6240 35.0
    Employed, worked part-time 3429 19.2
    Employed, away from work 724 4.1
    Unemployed, looking for work 684 3.8
    Person Characteristics
  • Census Count Percent(%)
    Professionals 1940 17.8
    Technicians & trades workers 1984 18.2
    Clerical & administrative workers 1570 14.4
    Sales 1149 10.5
    Labourers 1129 10.3
    Others 3153 28.9
    Occupation
    Census Count Percent(%)
    Pre-school 398 7.7
    Infants/Primary 1966 37.8
    Secondary 1536 29.5
    Technical or Further Educational Institution 586 11.3
    University or other Tertiary Institutions 554 10.7
    Others 159 3.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 19828 91.2
    Flat, unit or apartment 1367 6.3
    Semi-detached, row or terrace house, townhouse 280 1.3
    Caravan, cabin, houseboat 267 1.2
    House or flat attached to a shop, office 8 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 3488 39.3
    Fully owned 2861 32.2
    Rented 2467 27.8
    Other tenure type 66 0.7
    Tenure Type
Census 2011, ABS
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