Truganina, a rapidly developing suburb in Melbourne’s outer west, is part of the Melton region in Victoria. Known for its significant growth in recent years, the housing market in Truganina has been characterized by a high demand for property, primarily driven by its relative affordability compared to central Melbourne, and its appeal to first-time homebuyers and investors. The area is bustling with new developments, offering a mix of contemporary homes and townhouses, which cater to a diverse demographic, including young families and professionals seeking more space at a reasonable price. The median house prices have shown a steady increase, though they remain attractive for those looking to step onto the property ladder. Additionally, ongoing infrastructure projects, such as upgrades to public transport and roads, are expected to further enhance Truganina's connectivity to Melbourne's central business district, thus maintaining its draw for buyers and investors alike.
Living in Truganina offers residents a suburban lifestyle with the conveniences of modern living. The suburb is home to several parks and recreational areas, providing ample opportunities for outdoor activities and family-friendly outings. Local amenities, including shopping centers, schools, and community facilities, are well-established, catering to the day-to-day needs of its residents. The multicultural community adds to the suburb's vibrancy, with various cultural events and dining options reflecting its diversity. Public transport access, particularly through the nearby Tarneit and Williams Landing train stations, makes commuting to the city achievable, while major roads like the Princes Freeway streamline travel across Melbourne. Families are drawn to the suburb for its educational facilities, both public and private, which promise a nurturing environment for children. Overall, Truganina offers a blend of affordable living, community spirit, and access to essential services, making it an appealing choice for many seeking to balance affordability with lifestyle in Melbourne's rapidly expanding suburbs.
Median Weekly Rent | $388.65 |
Median Monthly Mortgage | $1947.95 |
Median Persons Per bed houseroom | 0.92 |
Average Household Size | 3.44 |
Average Age | 29.49 |
Average Income | $908.09 |
Average Cars Per Dwelling | 1.84 |
Average Properties Within 50M | 17 |
Typical 1 bed house | $537,000 |
Typical 2 bed house | $648,000 |
Typical 3 bed house | $737,000 |
Typical 4 bed house | $908,000 |
Typical 5 bed house | $1,221,000 |
Typical 6 bed+ house | $1,280,000 |
Housing Stock
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Thinking about buying in Truganina? Now could not be a better time, with 20883 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $766,000 with prices in this suburb ranging from $26,000 to $11,380,000. Truganina is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Consistent high demand relative to supply is a key feature in Truganina driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Truganina due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Truganina changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Truganina to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Truganina the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
Instant Property Valuation
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9 Lazor Street, Truganina, VIC, 3029 | Contact Agent | |||
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449 Morris Road, Truganina, VIC, 3029 | Contact Agent | |||
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151 Alcock Road, Truganina, VIC, 3029 | Contact Agent | |||
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43 Clearwater Rise Parade, Truganina, VIC, 3029 | SOLD $702,000 | |||
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44 Europe Street, Truganina, VIC, 3029 | Contact Agent | |||
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2 Oxbow Walk, Truganina, VIC, 3029 | SOLD $580,000 | |||
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13 Horseshoe Circuit, Truganina, VIC, 3029 | SOLD $607,000 | |||
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50 Award Crescent, Truganina, VIC, 3029 | Contact Agent | |||
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2A Sedgefield Avenue, Truganina, VIC, 3029 | SOLD $574,000 | |||
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38 Clearwood Drive, Truganina, VIC, 3029 | SOLD $635,000 | |||
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4 Masaya Avenue, Truganina, VIC, 3029 | SOLD $600,000 | |||
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27 Codrington Road, Truganina, VIC, 3029 | SOLD $535,000 | |||
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28 Goldsborough Road, Truganina, VIC, 3029 | SOLD $650,000 | |||
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64 Caradon Drive, Truganina, VIC, 3029 | SOLD $725,000 | |||
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79 Bridgewater Way, Truganina, VIC, 3029 | SOLD $860,000 |
Westbourne Grammar School
Al-Taqwa College
Truganina South Primary School
St Clare's Catholic Primary School
Truganina P-9 College
Thomas Carr College
Bellbridge Primary School
St Francis of Assisi Catholic Primary School
Rockbank Primary School
St Lawrence Catholic Primary School
(While the above schools are located with the suburb of Truganina there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
Crimes against the person
Property and deception offences
Justice procedures offences
Drug offences
Other offences
Public order and security offences
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 15 | 26.9 | 41.6 | 86.2 | 5.0 | 25.2 |
Feb | 0.9 | 15.1 | 26.2 | 44.1 | 88.2 | 4.8 | 20.5 |
Mar | 0.9 | 13.4 | 23.9 | 45.4 | 89.1 | 4.5 | 16.0 |
Apr | 1.3 | 10.6 | 20.8 | 49 | 91.8 | 4.1 | 11.9 |
May | 1.2 | 8.2 | 17.3 | 55.8 | 91.9 | 4.3 | 8.8 |
Jun | 1.2 | 6.1 | 14.6 | 62.5 | 94.5 | 4.0 | 7.4 |
Jul | 1.0 | 6.2 | 14.3 | 59.0 | 92.2 | 4.8 | 7.8 |
Aug | 1.2 | 6.3 | 15.1 | 53 | 91.5 | 5.0 | 10.4 |
Sept | 1.4 | 7.6 | 18.2 | 46.1 | 90.2 | 5.2 | 14.8 |
Oct | 1.5 | 8.9 | 20.1 | 46.2 | 91.3 | 4.9 | 19.2 |
Nov | 2.2 | 11.4 | 22.6 | 44.6 | 90.3 | 4.9 | 22.4 |
Dec | 1.3 | 12.8 | 24.7 | 42.3 | 87.9 | 5.0 | 25.7 |
source: Australian Government Bureau of Meteorology
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