Traralgon South is a small, peaceful community located in the Latrobe Valley of Victoria, Australia. The housing market in Traralgon South is characterized by its affordability and spacious properties, which attract families and individuals seeking a quieter lifestyle away from the hustle and bustle of larger cities. In recent years, the area has seen steady interest due to its serene environment and proximity to Traralgon, one of the larger towns in the region, offering residents the perfect balance between rural peace and urban convenience. Homes in Traralgon South often feature large blocks of land, providing plenty of space for gardens and outdoor activities, appealing to those who value outdoor living and a strong sense of community.
Living in Traralgon South offers a laid-back lifestyle with a tight-knit community feel. Residents enjoy the natural beauty of the surrounding area, with easy access to attractions such as Tarra-Bulga National Park, known for its rainforest walks, and numerous picturesque walking and biking trails. The community is friendly and welcoming, often hosting local events and gatherings that create a strong sense of belonging among inhabitants. While Traralgon South provides a tranquil rural setting, its proximity to the town of Traralgon ensures that essential services, shopping, and educational facilities are within easy reach, making it an ideal location for families and retirees alike who appreciate a balance between nature and convenience.
Median Weekly Rent | $254.33 |
Median Monthly Mortgage | $1977.00 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 3.00 |
Average Age | 44.33 |
Average Income | $850.00 |
Average Cars Per Dwelling | 2.35 |
Average Properties Within 50M | 5 |
Typical 1 bed house | $459,000 |
Typical 3 bed house | $725,000 |
Typical 4 bed house | $849,000 |
Typical 5 bed house | $658,000 |
Typical 6 bed+ house | $707,000 |
Housing Stock
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Thinking about buying in Traralgon South? Now could not be a better time, with just 260 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $792,000 with prices in this suburb ranging from $415,000 to $1,671,000. The aproximate distance to the coast is 36 Km.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. Incomes in Traralgon South are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Traralgon South provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Traralgon South necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. With very low industrial sector presence in Traralgon South 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 Valuation5 Chester Ct, Traralgon South, VIC, 3844 | 4 | 2 | 2 | $799,000 |
Traralgon South Primary School
(While the above schools are located with the suburb of Traralgon South there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(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
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