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Suburb profile ·Latrobe (Vic.) LGA · VIC ·3844

Traralgon VIC 3844

Traralgon is in Latrobe (Vic.) LGA, VIC, postcode 3844, with population 26,907.

Median house $500K +3.3% YoY
Median rent $450/wk Income-stretched rent market
Gross yield 4.7% Strong yield band
Population 26,907 27K local footprint
Schools 9 Matched school context
Decision trust

Strong evidence

Traralgon has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

6
Available
0
Verify
2
Missing
Income-stretched rent market

Weekly rent screens at about 38% of annual income. Income and rent use area-level data, so household-level affordability can differ.

Open matching rent ranking
High yield, watch demand

4.7% gross yield but the LGA is flat. Treat as price-anchored, check demand.

Model in calculator
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Current status
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Source & freshness

QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.

PRICE POSTURE
Manual release files still matter here.

Manual release files parsed into suburb prices

RENT POSTURE
Rent is using a state market dataset when available.

Use current rent as a starting signal, not as a fixed underwriting truth.

SERVICE POSTURE
Service coverage is matched locally, not inferred nationally.

Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.

Data status
Property prices
VIC Property Sales Report · 2023 · Manual release refresh
fragile source · automated · every update · annual
Available
Market rent
Homes Victoria · Sep 2025 · State market dataset
medium stability · automated · every update · quarterly
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · Area-level release dataset
medium stability · mixed acquisition · mixed refresh · mixed
Available
Schools
ACARA 2025 · 9 schools matched
medium stability · manual file · snapshot · annual
Available
Hospitals
AIHW · 1 hospitals matched
medium stability · manual file · snapshot · mixed
Available
Transport
GTFS feeds · 137 matched stops/stations
medium stability · manual file · snapshot · mixed
Available
Population growth
ABS ERP · No linked annual population growth series
stable source · automated · every update · annual
Missing
Building approvals
ABS Building Approvals · No linked approvals series
stable source · automated · every update · monthly
Missing
Available means a direct local dataset is linked. Verify means coverage exists but freshness or precision is weaker, such as Census rent fallback or low-confidence hospital matching.
Rent signal

Income-stretched rent market

Weekly rent screens at about 38% of annual income. Snapshot rent $450/wk.

Income and rent use area-level data, so household-level affordability can differ.

Source level Suburb Confidence Medium Period Sep 2025
$450/wk
+4.7% YoY
Dec 2020 → Sep 2025 · 20 periods
Homes Victoria · Sep 2025
$450
$320
Dec 2020Sep 2025
Evidence depth
Strong evidence

Traralgon has enough direct local evidence for a first-pass decision.

Direct signals include Property prices, Market rent, Crime, and Schools. Missing or weaker areas are still shown so the page does not overstate precision.

Next step

Use compare to test the suburb against another candidate, then validate financial assumptions in the calculator where available.

Direct
6

Property prices, Market rent, Crime, Schools

Verify
0

No fallback or lower-precision signals flagged.

Missing
2

Population growth, Building approvals

Decision intelligence
Income-first

Traralgon currently reads as a income-first candidate with a affordability-first secondary angle.

Gross yield screens at about 4.7%. Entry price sits in the lower-cost range for a first-pass screen. No major decision caution is visible from the current evidence layer.

Recommended next step

Compare it against one challenger, then use the AU calculator to model the financial case.

Why it fits

Gross yield screens at about 4.7%. Entry price sits in the lower-cost range for a first-pass screen. Population scale is large enough to avoid reading this as a tiny locality only.

What to check

No major caution is visible beyond the normal source checks.

Decisive gaps

No decisive evidence gap was detected from the current inputs.

Compare status

Compare-ready

Why people look here Intent
  • Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
  • Investors want to know whether rent, yield, and affordability broadly support the suburb story.
  • Researchers want one place that ties property, demographics, transport, and services together.
Local signals Mixed
Schools: 9 matched, including Lavalla Catholic College, Traralgon College, Grey Street Primary School (Traralgon).
Crime: 17,840 per 100k at the Latrobe (Vic.) LGA level.
Transport: 137 matched stops/stations across local feeds.

Price history

HousesUnits

Full data detail

Traralgon VIC

Postcode 3844 · Latrobe (Vic.) LGA

Traralgon is a large suburb in Victoria within the Latrobe (Vic.) local government area (postcode 3844). With a population of 26,907, the suburb has an established demographic with a median age of 39. Households earn a median income of $77K per year, with an average household size of 2.3 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, technicians & trades, clerical & administrative. Employment in the area leans toward healthcare and retail trade. The top ancestries reported are English, Australian, Scottish.

The median house price in Traralgon is $500,000, having increased 3.3% over the past year. Units have a median price of $323,000 (-2.1% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.7%. The median monthly mortgage repayment is $1,300.

Traralgon is served by 9 schools, including 6 primary, 2 secondary, 1 special. The average ICSEA score is 982, which is around the national average of 1,000. Public transport access includes 8 rail stations, 129 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Latrobe (Vic.) LGA is higher than average at 17,840 incidents per 100,000 population.

From an investment perspective, Traralgon offers a gross rental yield of 4.7%, rated as moderate yield. Property prices sit below the state median ($500K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 6.5x is considered moderate. House prices have moved +3.3% year-on-year.

Investment signals
Rental Yield4.7% Moderate Yield
Price vs State$500K/$875K Below Median
Affordability6.5x Moderate
Price Momentum+3.3% Stable
Income (ATO 2022-23)
Median income$61,676
Mean income$73,675
Earners10,942
YoY change+6.7%
SEIFA index (ABS) — 1 = most disadvantaged, 10 = most advantaged
Advantage4/10
Education3/10
Economic3/10
Disadvantage3/10
Latest prices (state valuers)
Median house
$500K
3.3% YoY
Median unit
$323K
-2.1% YoY
Census 2021 (ABS)
Median rent /wk
$275
Population
26,907
Demographics
Median age39
Household size2.3
HH income /wk$1,484
Personal income /wk$767
Mortgage /mth$1,300
Crime (Latrobe (Vic.) LGA)
Crime rate (per 100k)17,840
Total incidents14,172
Transport
Rail stations8
Bus stops129
Traralgon Railway Reserve/Rose Ave
Traralgon Station
Traralgon Station/Princes St
Schools (9)
Avg ICSEA982
Total students4,854
Catholic3
Government6
Lavalla Catholic CollegeSecondary · Catholic · ICSEA 1028
Traralgon CollegeSecondary · Government · ICSEA 937
Grey Street Primary School (Traralgon)Primary · Government · ICSEA 1004
St Gabriel's SchoolPrimary · Catholic · ICSEA 1038
St Michael's SchoolPrimary · Catholic · ICSEA 1058
Hospitals (1)
Latrobe Regional Hospital [Traralgon]public
Data status
Property prices
VIC Property Sales Report · 2023 · Release dataset
Available
Market rent
State rent dataset · Sep 2025 · Market dataset
Available
Crime
VIC Crime Statistics Agency · Year ending Dec 2025 · LGA-level dataset
Available
Schools
ACARA 2025 · 9 schools matched
Available
Hospitals
AIHW · 1 hospitals matched
Available
Transport
GTFS · Stop-level feed
Available
Population growth
ABS ERP
Missing
Building approvals
ABS Building Approvals
Missing
Available means a local dataset is present. Verify means coverage exists but location confidence is limited.
Data: 2023
Sources: ABS Census 2021 · ABS dwelling prices · State Valuers General · ATO income · ACARA schools · AIHW hospitals · GTFS · state police

Traralgon FAQ

Common questions
  1. What LGA is Traralgon in?

    Traralgon is in the Latrobe (Vic.) Local Government Area, VIC, postcode 3844. Council-level context for Latrobe (Vic.) LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.

  2. What is the median house price in Traralgon?

    The current median house price in Traralgon, VIC is $500K, based on the latest available sales data from state Valuers General offices and ABS Data by Region.

  3. What is the typical weekly rent in Traralgon?

    The median weekly rent in Traralgon is $450/wk, based on the current market rent dataset. The current rent signal is income-stretched rent market.

  4. What does the rent signal say about Traralgon?

    Income-stretched rent market: Weekly rent screens at about 38% of annual income. Use this as a suburb screening signal before comparing candidates or modelling a purchase; the matching rent ranking can provide broader market context.

  5. Is Traralgon a good investment?

    QuickProperty's investment signals for Traralgon show: Moderate Yield, Below Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.

  6. Where does QuickProperty get its data for Traralgon?

    Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.

  7. How often is the Traralgon data updated?

    Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.