VIC has seen average median house prices change by 7.88% which means that Traralgon, 3844 has done well for property investors by showing a capital gain of 4.29% over the last year
Across a shorter period, Traralgon, 3844 has seen a median price increase of 0.86% over the last quarter.
At number 312th of VIC’s most discounted properties, Traralgon is in the middle of the state/territory when listing in order of most discounted to least.
The VIC suburb of Traralgon, 3844 is in the Latrobe local government area.
Giving property investors a a solid capital gain of 20.00% for the last year, Traralgon, 3844 is the 122th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Traralgon has increased when compared to the 5 year average annual rate.
LACK OF BUYER INTEREST may well be the reason that Traralgon is offering property investors an average of -4.82. This rate of discount on properties puts Suburb at number 53th in terms of most discounted suburbs in VIC
Using the current median advertised rental of $245 and the average annual increase in value of a median property of 2.46%, investors should hope to achieve an overall return of 5.90%