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All About Traralgon East, Latrobe (Vic.), VIC, 3844

As of recent years, the housing market in Traralgon East, Latrobe, Victoria has shown a dynamic trajectory, reflective of broader trends in regional Australian towns. This suburb, part of the Latrobe Valley, has become increasingly appealing to buyers seeking affordability compared to Melbourne's urban sprawl. With a diverse array of housing options ranging from quaint post-war homes to modern developments, Traralgon East offers something for every type of buyer. The median house prices have been experiencing moderate increases, spurred by heightened interest from both first-time homebuyers and investors looking for promising regional opportunities. Real estate demand in this area has been fueled also by governmental incentives and the suburb’s proximity to essential services, employment hubs, and transportation links, contributing to its growth.

Living in Traralgon East offers a slightly slower pace of life, which many find refreshing compared to the hustle and bustle of large city living. The community is known for its friendly atmosphere and strong local spirit, fostering an environment where neighbors often know each other and community events are well-attended. Residents enjoy access to several parks and recreational facilities, enhancing the appeal of the area for families and outdoor enthusiasts. Additionally, Traralgon East provides a good mix of educational institutions and healthcare amenities, ensuring a convenient lifestyle. The natural beauty of the surrounding areas, with rolling landscapes and close proximity to national parks, provides ample opportunities for outdoor activities and weekend getaways, making it an attractive option for those seeking a balanced and fulfilling lifestyle.

Household Makeup

Median Weekly Rent $402.50
Median Monthly Mortgage $1617.00
Median Persons Per bed houseroom 0.73
Average Household Size 3.00
Average Age 45.50
Average Income $909.00
Average Cars Per Dwelling 2.64
Average Properties Within 50M 5
Typical 1 bed house$623,000
Typical 2 bed house$710,000
Typical 3 bed house$744,000
Typical 4 bed house$905,000
Typical 5 bed house$913,000
Typical 6 bed+ house$1,229,000

Housing Stock

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Traralgon East Real Estate Market Outlook

Thinking about buying in Traralgon East? Now could not be a better time, with 1198 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $845,000 with prices in this suburb ranging from $254,000 to $3,636,000. The aproximate distance to the coast is 46 Km.

Consistent high demand relative to supply is a key feature in Traralgon East driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. Incomes in Traralgon East 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 East 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 East 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 East 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 East a better buying opportunity than it may have been in the past.

Instant Property Valuation

Local Schools

Traralgon (Liddiard Road) Primary School

(While the above schools are located with the suburb of Traralgon East there may also be nearby schools whose catchments cover this suburb)

Local Crime Rate

Incidents Trend State Average

We are currently collecting information for this location.

Traralgon East 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
Jan1.213.427.939.290.44.323.6
Feb213.527.043.192.74.119.7
Mar1.811.824.446.192.73.814.5
Apr1.99.220.852.995.33.211.2
May1.86.217.059.495.33.48.5
Jun1.93.914.265.095.43.07.5
Jul1.94.114.062.895.23.77.5
Aug2.64.514.957.994.84.010.0
Sept2.46.117.651.194.04.314.2
Oct2.07.620.349.394.24.119
Nov2.39.422.847.694.04.321.5
Dec1.711.725.342.492.34.423.6

source: Australian Government Bureau of Meteorology



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General Points of Interest


Nearby Suburbs

TraralgonLoy YangFlynnGlengarryFlynns CreekGlengarry WestTyersGlengarry NorthTraralgon SouthHazelwood North

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