Traralgon is the Latrobe Valley's commercial capital — a growing regional city of 25,000 people with a major hospital, Latrobe Regional Hospital as the district's premier health campus, Stockland shopping, and strong industrial employment from energy generation. Sub-$380K housing and 6%+ yields attract savvy Melbourne investors. At the current $380k median house price, an 80% loan at 6.25% over 30 years is about $1,872 per month.
| Median house price | $380,000 |
|---|---|
| Median unit price | $258,000 |
| Estimated monthly repayment | $1,872 at 80% LVR, 6.25%, 30 years |
| Annual price growth | 9.5% |
| Gross rental yield | 6.2% |
| Typical days on market | 15 |
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