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Trafalgar, VIC 3824
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$625,000
market range $600K-$675K
Median Unit
$440,000
market range $400K-$475K
Gross Yield (houses)
4.3%
1yr Growth (houses)
+6.6%
market range +2.5% to +10.0%
Investment snapshot for Trafalgar
Trafalgar has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Trafalgar market and investor summary
In Trafalgar, VIC 3824, the median house sells for around $625K, on a gross rental yield of 4.3% for houses. House prices have moved +6.6% over the past year and +9.8% over three years. At 1.4% vacancy, it is a tight rental market that favours landlords.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 4.3% is neither a standout cashflow play nor a pure growth bet. Rental demand looks steady, with vacancy at 1.4% and a resident base that is not shrinking. Houses also take time to sell, around 97 days on market, so plan for a slower exit if you ever need one.
Living in Trafalgar: people, income and schools
About 4,349 people live in Trafalgar, a number that has held fairly steady over five years. At a median age of 41, it reads as skewed a little older, and 76% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $75,000 a year (about $1,450 a week). On socio-economic measures it ranks around the national middle on the ABS advantage index (5 out of 10). At current prices a median house runs to about 8.3 times local household income, in line with much of metropolitan Australia. Incomes have risen about 14% over five years, which tends to underpin what local buyers can pay.
Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 4,349
- +6% over 5yr
- Median age
- 41 years
- Median household income
- $75,000/yr
- Households renting
- 21%
- Family households
- 69%
- Socio-economic rank
- 5/10
- ABS advantage index
- Unemployment
- 2.5%
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Trafalgar
No properties currently listed in Trafalgar
Search Trafalgar listings →Frequently asked questions about Trafalgar
What should I check before investing in Trafalgar?
Trafalgar has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 5.0% gives a usable rent-to-price starting point. Capital growth of +6.6% in the past year shows positive recent price momentum. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Trafalgar?
The median property price in Trafalgar, VIC 3824 is $625K for houses and $440K for units.
What rental yield does Trafalgar show?
The gross rental yield in Trafalgar is 4.3% for houses and 5.0% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
What does recent house price growth show for Trafalgar?
House prices in Trafalgar are up 6.6% over the past year and up 9.8% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.
How tight is the rental market in Trafalgar?
The current vacancy rate in Trafalgar is 1.4%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.
How many people live in Trafalgar?
Trafalgar has a population of approximately 4,349 residents, with a median age of 41.
Is Trafalgar affordable to buy in?
A median house in Trafalgar costs about 8.3 times the median local household income (broadly in line with metropolitan Australia). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.
Is Trafalgar's population growing?
The population of Trafalgar has grown modestly, about 6% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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