Traralgon
VIC, 3844
-
Latrobe (Vic.)
Thinking about buying in Traralgon? Now could not be a better time, with 16359 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $541,000 with prices in this suburb ranging from $91,000 to $3,840,000. The aproximate distance to the coast is 44 Km.
Household Makeup
| Median Weekly Rent | $296.02 |
| Median Monthly Mortgage | $1243.06 |
| Median Persons Per Bedroom | 0.73 |
| Average Household Size | 2.31 |
| Average Age | 40.11 |
| Average Income | $772.81 |
| Average Cars Per Dwelling | 1.73 |
| Average Properties Within 50M | 13 |
Housing Stock
Average Property Prices
| 1 Bed $281,000 |
| 2 Bed $352,000 |
| 3 Bed $505,000 |
| 4 Bed $728,000 |
| 5 Bed $797,000 |
| 6 Bed+$869,000 |
Traralgon Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Traralgon driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Traralgon are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. The high percentage of professional people in Traralgon classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Traralgon necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Traralgon we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Traralgon a better buying opportunity than it may have been in the past.
Traralgon is a city in the east of the Latrobe Valley within the state of Victoria. First established in the early 1860s, with a post office opening in 1861. In 1877 the Bairnsdale railway line out of Melbourne was finished, furnishing Traralgon with a station along a major rail route. This provided a massive boost to the economy, leading to rapid growth throughout the area throughout the remainder of the 19th century and the beginning of the 20th. The economy, initially focused on agriculture, began to diversify in the 1930s and in 1964, Traralgon was proclaimed a city. In the modern day, much of the economy (and thus much of the work) in Traralgon is driven by the industries of natural resources and coal mining, along with power generation.
As the largest and fastest-growing city in the conurbation of the Greater Latrobe Valley, Traralgon has a thriving population of around 28,000 residents. The city is well furnished with excellent public amenities, including schools, and has a number of sports clubs, with the town having a particular connection to Australian Rules football. Traralgon is known locally for its night life, with people from all over the surrounding area travelling into the city to visit its nightclubs and bars. All in all, Traralgon is full of character and opportunity, and is an excellent place to own property.
Houses for sale Traralgon
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2
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Local Schools
St Gabriel's School
St Michael's School
Latrobe Special Developmental School
Traralgon (Liddiard Road) Primary School
Traralgon (Kosciuszko Street) Primary School
Traralgon (Stockdale Road) Primary School
Grey Street Primary School (Traralgon)
Lavalla Catholic College
Traralgon College
(While the above schools are located with the suburb of Traralgon there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Traralgon weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.2 | 13.4 | 27.9 | 39.2 | 90.4 | 4.3 | 23.6 |
| Feb | 2 | 13.5 | 27.0 | 43.1 | 92.7 | 4.1 | 19.7 |
| Mar | 1.8 | 11.8 | 24.4 | 46.1 | 92.7 | 3.8 | 14.5 |
| Apr | 1.9 | 9.2 | 20.8 | 52.9 | 95.3 | 3.2 | 11.2 |
| May | 1.8 | 6.2 | 17.0 | 59.4 | 95.3 | 3.4 | 8.5 |
| Jun | 1.9 | 3.9 | 14.2 | 65.0 | 95.4 | 3.0 | 7.5 |
| Jul | 1.9 | 4.1 | 14.0 | 62.8 | 95.2 | 3.7 | 7.5 |
| Aug | 2.6 | 4.5 | 14.9 | 57.9 | 94.8 | 4.0 | 10.0 |
| Sept | 2.4 | 6.1 | 17.6 | 51.1 | 94.0 | 4.3 | 14.2 |
| Oct | 2.0 | 7.6 | 20.3 | 49.3 | 94.2 | 4.1 | 19 |
| Nov | 2.3 | 9.4 | 22.8 | 47.6 | 94.0 | 4.3 | 21.5 |
| Dec | 1.7 | 11.7 | 25.3 | 42.4 | 92.3 | 4.4 | 23.6 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Moe - Greater then 10KM
Traralgon - Less than 2 KM
Walhalla - Greater then 10KM
Rosedale - Greater then 10KM
Morwell - Greater then 10KM
Trafalgar - Greater then 10KM
Yarragon - Greater then 10KM
General Points of Interest
Mid Valley Shopping Centre - Less than 10 KM
Latrobe City Stadium - Less than 10 KM
Immigration Park - Less than 10 KM
Morwell Golf Club - Less than 10 KM
Mid Valley Shopping Centre - Less than 10 KM
Stockland Traralgon - Less than 2 KM
Traralgon Sports Stadium - Less than 1 KM
Gippsland Regional Aquatic Centre - Less than 2 KM
Traralgon Golf Course - Less than 2 KM
Glenview Park Racecourse - Less than 5 KM
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