Truganina is a large suburb in Victoria within the Wyndham local government area (postcode 3029). With a population of 36,305, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $111K per year, with an average household size of 3.4 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Indian, Australian, English.
The median house price in Truganina is $390,000, having remained flat 0% over the past year. Units have a median price of $493,000 (+1.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $2,000.
Truganina is served by 9 schools, including 4 primary, 1 secondary, 4 combined. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 97 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Truganina offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($390K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +0.0% year-on-year.
Truganina is a large suburb in Victoria within the Wyndham local government area (postcode 3029). With a population of 36,305, the suburb has a young professional demographic with a median age of 30. Households earn a median income of $111K per year, with an average household size of 3.4 people. The most common occupations are professionals, machinery operators & drivers, clerical & administrative. The top ancestries reported are Indian, Australian, English.
The median house price in Truganina is $390,000, having remained flat 0% over the past year. Units have a median price of $493,000 (+1.5% YoY). The current median weekly rent is $480. This gives a gross rental yield of approximately 6.4%. The median monthly mortgage repayment is $2,000.
Truganina is served by 9 schools, including 4 primary, 1 secondary, 4 combined. The average ICSEA score is 1064, which is above the national average of 1,000. Public transport access includes 97 bus stops. The crime rate in the Wyndham LGA is moderate at 7,001 incidents per 100,000 population.
From an investment perspective, Truganina offers a gross rental yield of 6.4%, rated as high yield. Property prices sit below the state median ($390K/$875K), suggesting a potential value opportunity. The price-to-income ratio of 3.5x is considered affordable. House prices have moved +0.0% year-on-year.