The median price for a house in Traralgon as of September 24, 2018, was $292,000. The median price for a unit is $225,000. Currently, there are 949 properties for sale which include houses, units and land. This year the has been 596 houses sold. Of these 375 were 3 beedroom houses. There has been 28 units sales with 23 of these being 2 bedroom apartments. The 12-month capital growth is at a 1.79% for houses and 5.13% for units. The average annual capital growth is 2.46% for houses and 1.58% for units. It takes on average 119 days to sell a house in Traralgon and 135 days to sell a unit. The gross rental yield is 5.25% for houses and 5.83% for units. The DSR or Demand to Supply Ratio ranks property in Traralgon as above average. Vendors are generally getting their asking price. And buyers can sometimes get a good price if the owner has to sell quickly.
Median Units prices and rent returns in Traralgon
1 bedroom unit No Daya Rent per week $175
2 bedroom unit $190,000 Rent per week $245
3 bedroom unit $295,000 Rent per week $320
Median House prices and rent returns in Traralgon
2 bedroom house $230,000 Rent per week $255
3 bedroom house $265,000 Rent per week $290
4 bedroom house $385,000 Rent per week $360
Free Real Estate Appraisal Traralgon
Are you thinking of selling your home or land in Traralgon? Or, do you want to know what your property is worth? Our real estate agents offer a free property appraisal. We appraise land, acreage, rural acreage and houses. We are local to the region and have sold multiple properties in Moe and Traralgon. Our appraisers will base their estimations on recent property sales history and location to amenities, schools and shops.
Our team is happy to meet with house and land owners that are interested in selling. We have a database of potential buyers interested in property in Traralgon.
Property Valuation Traralgon
Most people think an appraisal and a valuation are the same things. In a way they are correct. However, if you need a valuation for legal reasons then you need a licenced valuer. This service will have a fee attached. An appraisal can be performed by any licenced real estate agent. How do we appraise a property in Traralgon