2/23 Michael Court

Traralgon VIC 3844

The size of Traralgon is approximately 56.3 square kilometres. It has 78 parks covering nearly 4.3% of total area. The population of Traralgon in 2011 was 23,834 people. By 2016 the population was 24,924 showing a population growth of 4.6% in the area during that time. The predominant age group in Traralgon is 20-29 years. Households in Traralgon are primarily couples with children and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Traralgon work in a professional occupation. In 2011, 69.5% of the homes in Traralgon were owner-occupied compared with 68.8% in 2016.

Traralgon has 15,250 properties. Over the last 5 years, Houses in Traralgon have seen a 62.11% increase in median value, while Units have seen a 57.16% increase. As at 30 November 2024:

• The median value for Houses in Traralgon is $513,518 while the median value for Units is $326,907.
• Houses have a median rent of $450 while Units have a median rent of $363.