Traralgon, 3844 ranked 594th in VIC when comparing growth in median property values or capital gain over the last 12 months. Traralgon is one of 2098 in our list for VIC
The five-year average increase in median property values for Traralgon,3844 has given property investors a potential capital gain of 5.66% across each of those five years.
On average over the past year, suburb has had 37.83 sales per month, which equates to 454 per year.
Advertised rents are around the $285 mark per week – giving a return of 5.29% based on the median price in Suburb
Property investors who have had real estate in Traralgon, 3844 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -15.87%
While Traralgon,3844 ranked number 347th in VIC for increase in median house value (annualised) increase, it is ranked 331th over the last 5 years.
On average over the past year, suburb has had 3.17 sales per month, which equates to 38 per year.
With the median price for a house in Traralgon being $175000 and the advertised rent reaching $230 the gross rental yield for property investors calculates out to be 6.83%