Suburb Profile

Suburb profile for,

Traralgon, VIC

Located in the dynamic state of VIC (postcode 3844), TRARALGON is a vibrant real estate market. This suburb holds a median house price of $486,500 and has demonstrated an average buying growth of Up 14.5%. Last month, 209 houses were available, with 456 transactions completed in the past year. Properties spend around 43 days on the market, reflecting the area's demand with 2869 interested buyers. The average rental yield stands at 4.6%, with a weekly median rent of $307 per week and an average rent growth of Up 5.1%. Rental properties usually stay on the market for 21 days. The population in 2016 was 24924, which changed by +4.60% in the past five years. The median weekly household income is $1,272, reflecting an income change of +12.47% over the past five years. Residents have a median age of 37 years, and the suburb has an average annual growth for houses of +10.37%. To fully take advantage of TRARALGON's prosperous real estate market and substantial buyer interest, rely on Handle Properties. As the best buyers agent in TRARALGON, Handle provides end-to-end property investment services, backed by data and experts.

SUBURB DATA

Quantitative data for,

Traralgon, VIC

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%

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