Suburb Profile

Suburb profile for,

Traralgon, VIC 3844

About Traralgon

Traralgon (3844) is a suburb in Victoria that continues to attract attention from both homeowners and investors. Located approximately 143km from the Melbourne CBD, the suburb is serviced by 15 schools and benefits from solid transport and amenity access.

Demographics and Community

Traralgon has a population of approximately 26,200 people.

Market Performance

The median house price in Traralgon is $420,000 with a capital growth rate of 4.5% per annum. Rental yields average 5.2% per annum with a median weekly rent of $280.

Investment Outlook

With solid growth prospects and strong rental yields, Traralgon presents a balanced opportunity for investors seeking exposure to regional Victoria.

SUBURB DATA

Quantitative data for,

Traralgon, VIC 3844

The quantitative data below has been compiled on 30th May 2023 from a range of third party sources using a variety of manual methods. Handle does not guarantee the accuracy of this data shown below.

State
VIC
Suburb
TRARALGON
Postcode
3844
Median price for all dwellings
$486,500
Last 12 months growth return
Up 14.5%
Avg. dwellings for sale in the suburb every month
209
Avg. dwellings sold in the suburb in previous 12 months
456
Avg days on market for a dwelling listing to sell
43 days
Avg. number of people searching in this suburb every month
2869
Avg. rental yield per annum
4.60%
Weekly median rent for all dwellings
$307 per week
Median price for all houses
$486,500
Avg. rental yield growth in the previous 12 months
4.60%
Avg. days for a rental listing to find a tennant
21 days
Total suburb population in 2016
24924
Total suburb population change in 5 years up to 2016
4.60%
Avg. household income per week
$1,272
Median age of the population in the suburb
37
Historic avg annual growth return per annum in the suburb
10.37%