Trafalgar is a smaller suburb in Victoria within the Baw Baw local government area (postcode 3824). With a population of 4,349, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Trafalgar is $570,000, having risen modestly 1.8% over the past year. Units have a median price of $425,000 (-6.6% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,432.
Trafalgar is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 3 rail stations, 1 bus stop. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Trafalgar offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($570K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +1.8% year-on-year.
Trafalgar is a smaller suburb in Victoria within the Baw Baw local government area (postcode 3824). With a population of 4,349, the suburb has an established demographic with a median age of 41. Households earn a median income of $75K per year, with an average household size of 2.4 people. The most common occupations are professionals, technicians & trades, labourers. The top ancestries reported are English, Australian, Scottish.
The median house price in Trafalgar is $570,000, having risen modestly 1.8% over the past year. Units have a median price of $425,000 (-6.6% YoY). The current median weekly rent is $450. This gives a gross rental yield of approximately 4.1%. The median monthly mortgage repayment is $1,432.
Trafalgar is served by 3 schools, including 2 primary, 1 secondary. The average ICSEA score is 997, which is around the national average of 1,000. Public transport access includes 3 rail stations, 1 bus stop. The crime rate in the Baw Baw LGA is higher than average at 8,229 incidents per 100,000 population.
From an investment perspective, Trafalgar offers a gross rental yield of 4.1%, rated as moderate yield. Property prices sit below the state median ($570K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 7.6x is considered moderate. House prices have moved +1.8% year-on-year.