Traralgon
VICTraralgon is a growing suburb in VIC with 26,907 residents.
- SAL code
- 22569
- SA2
- 205041494
- Population
- 26,907
- LGA
- Latrobe (Vic.)
Traralgon, VIC had 26,907 residents at the 2021 Census, with the broader statistical area showing a 3.2% growth over the last five years. The predominant age group is 25-34 years, and the median age sits at 39. Households are most often couples without children, and those with a mortgage repay a median of $1,300 a month. Around 71.0% of homes are owner-occupied, with the largest single tenure being owned with a mortgage at 36.9%. Most dwellings are separate houses, making up 86.1% of the suburb's housing stock. The suburb has 81 parks and reserves mapped within its boundary. Source: ABS Census 2021 and Estimated Resident Population, with amenity counts from state Open Data and OpenStreetMap.
Suburb analysis
Traralgon, VIC at a glance
Traralgon is the largest town in the Latrobe Valley, ~158 km east of Melbourne in the City of Latrobe. It's a regional service centre with its own hospital, full-service retail, and an hourly V/Line line into the CBD. The data tiles below cover the demographic baseline; this card adds the live market, lifestyle and council pipeline.
For homebuyers
Traralgon is a working regional city, not a satellite — it has its own gravity. Stockland Traralgon is the main shopping anchor with Traralgon Plaza filling out the strip; Latrobe Regional Hospital sits just west of town and is the largest employer in the valley. Housing skews to detached homes on standard lots, with newer estates on the eastern and western edges and older 60s-80s stock through the centre. Victory Park, Newman Park and the Traralgon Creek Reserve handle recreation; the Traralgon Golf Club and Friday-night farmers' market round out community life. Schools include Traralgon College and Lavalla Catholic College, with Federation University's Gippsland campus a 15-minute drive away. The V/Line into Flinders Street runs hourly and takes ~2h 18m — workable for occasional CBD trips, not a daily commute. In short: a self-contained regional city with a hospital, full retail and a long V/Line into Melbourne if you need it.
For investors
Traralgon is a regional yield-and-growth blend with deep liquidity. Median house ~$535K against $492/week rent gives a ~4.73% gross yield; units median rent $370/week → ~5.88% (Your Investment Property May 2026). 12-month house growth +7.00%; unit growth -0.93%. Days-on-market 50 (houses) / 58 (units) — slower than metro but typical for regional. 711 house and 99 unit sales in the past 12 months — an unusually deep market for a regional centre.
Strengths
- Deep transaction market (~810 sales/year across houses and units) makes entry and exit reliable.
- House yields ~4.7% paired with +7.0% YoY capital growth (YIP May 2026) — uncommon to get both in one regional market.
- Major employment anchors (Latrobe Regional Hospital, council, education) underpin tenant demand independently of Melbourne.
- House rents up ~7.6% over the past 12 months (YIP May 2026), supporting income growth alongside capital gains.
Trade-offs
- Vacancy rate above 3.5% (YIP May 2026) — looser than tight metro markets; expect longer leasing windows.
- Days-on-market 50-58 means slower price discovery and slower exits than metro Melbourne.
- Unit segment went backwards over the past year (-0.93%) — house stock has been doing the work.
- Two-and-a-quarter-hour V/Line to Melbourne caps the commuter-overflow thesis; demand is locally driven.
What's coming
Latrobe City's 2025/26 capital works program totals $87.3M (including multi-year carry-overs), with $14.5M into the road network. Traralgon-specific projects include $5.3M of flood recovery at Traralgon Recreation Reserve, $3.7M for the Gaskin Park multi-use pavilion, and completion of the Kay Street car park under the Regional Car Parks Fund (Latrobe City Adopted Budget 2025/26).
Bottom line
For homebuyers: a full-service regional city with a hospital, schools and an hourly train, not a Melbourne dormitory. For investors: a deep, balanced regional market with steady yield and meaningful capital growth — but vacancy and days-on-market that demand patience.
Population
?26,907
Suburb · Census 2021
5-Year Growth
+3.2%
3yr: +1.8% · 10yr: +10.9%
SA2 · 5yr
Household Income
$1,484/wk
Suburb · Census 2021 median
Median Age
39
Suburb · Census 2021
Socio-Economic Index
?5/10
SA2 · middle-range
Unemployment
?3.0%
SA2 · Q4 2025
Schools
8
5 primary, 2 secondary
Hospitals
?1
Within suburb
Childcare services
?22
8 long day, 7 OSHC
Parks & green space
?81
Parks, reserves
Transport stops
?128
GTFS stops
Dwelling approvals
?57
Latrobe (Vic.) · Feb 2026
Median Weekly Rent
Based on rental bond lodgements recorded by the state government.
Median House Sale Price
Source: Valuer-General Victoria (suburb-level quarterly medians).
→ Calculate stamp duty on this suburb's median price→ Estimate mortgage repayments→ Calculate rental yield (price + median rent)
Safety & Crime
2025 Q4Reported incidents from VIC police. Offence rates may not reflect all crime.
Population over time — Traralgon - West (SA2)
ABS publishes annual estimates only at SA2; Traralgon suburb alone is ~26,907 (Census 2021).
Source: ABS ERP (latest release · 2025) · Census 2021. Numbers refreshed quarterly.
Growth at a Glance
Population grew from 12,324 to 17,236 over 24 years, averaging 1.4% per year.
Schools
9 in suburbSector
6 public · 3 private
Type
6 primary · 2 secondary · 1 special
Total enrolment
4,928
Avg per school
548
Government school catchment
Catchment data is not yet available for VIC.
Source when available: Victorian Department of Education / Vicmap School Zones.
Profile
Census snapshot
Housing
Public housing 3.1%Almost entirely detached houses (86.1%), owner-occupied (71.0%), built for families (50% are 3 bed).
Dwelling mix
Tenure
VIC 29%
Number of bedrooms
Bushfire risk
Source: VIC DTP Designated Bushfire Prone Area
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped bushfire polygons. Always verify the exact property address with the relevant authority before making decisions.
Flood risk
Source: VIC DTP Vicmap Planning Overlay (flood codes)
As of Apr 2026
Overlap is the percentage of the suburb's land area inside the mapped flood polygons. Always verify the exact property address with the relevant authority before making decisions.
Planning zones
30 zones in suburb| Code | Zone | % covered | Area |
|---|---|---|---|
| FZ1 | Farming Zone Schedule 1Rural | 50.6% | 28.46 km² |
| NRZ4 | Neighbourhood Residential Zone Schedule 4Residential | 12.8% | 7.19 km² |
| GRZ3 | General Residential Zone Schedule 3Residential | 7.4% | 4.15 km² |
| RLZ1 | Rural Living Zone Schedule 1Rural | 6.9% | 3.89 km² |
| LDRZ1 | Low Density Residential Zone Schedule 1Residential | 3.1% | 1.77 km² |
| GRZ1 | General Residential Zone Schedule 1Residential | 2.4% | 1.37 km² |
| PPRZ | Public Park and Recreation ZoneRecreation | 2.4% | 1.37 km² |
| TRZ2 | TRZ2Special use | 2.2% | 1.26 km² |
| GRZ2 | General Residential Zone Schedule 2Residential | 1.5% | 0.84 km² |
| PCRZ | Public Conservation and Resource ZoneEnvironmental | 1.5% | 0.82 km² |
| UFZ | Urban Floodway ZoneWaterway | 1.2% | 0.68 km² |
| ACZ1 | Activity Centre Zone Schedule 1Business | 0.9% | 0.49 km² |
| TRZ1 | TRZ1Special use | 0.7% | 0.40 km² |
| RGZ2 | Residential Growth Zone Schedule 2Residential | 0.6% | 0.35 km² |
| IN1Z | Industrial 1 ZoneIndustrial | 0.6% | 0.35 km² |
| SUZ8 | Special Use Zone Schedule 8Special use | 0.6% | 0.32 km² |
| PUZ3 | Public Use Zone Schedule 3Special use | 0.6% | 0.31 km² |
| PUZ2 | Public Use Zone Schedule 2Special use | 0.5% | 0.30 km² |
| PUZ1 | Public Use Zone Schedule 1Special use | 0.5% | 0.26 km² |
| RGZ1 | Residential Growth Zone Schedule 1Residential | 0.4% | 0.24 km² |
| PUZ5 | Public Use Zone Schedule 5Special use | 0.4% | 0.22 km² |
| C2Z | Commercial 2 ZoneBusiness | 0.3% | 0.16 km² |
| MUZ1 | Mixed Use Zone Schedule 1Residential | 0.3% | 0.16 km² |
| NRZ1 | Neighbourhood Residential Zone Schedule 1Residential | 0.3% | 0.15 km² |
| NRZ3 | Neighbourhood Residential Zone Schedule 3Residential | 0.2% | 0.14 km² |
| SUZ7 | Special Use Zone Schedule 7Special use | 0.2% | 0.13 km² |
| SUZ1 | Special Use Zone Schedule 1Special use | 0.2% | 0.12 km² |
| IN3Z | Industrial 3 ZoneIndustrial | 0.2% | 0.12 km² |
| SUZ2 | Special Use Zone Schedule 2Special use | 0.2% | 0.11 km² |
| C1Z | Commercial 1 ZoneBusiness | 0.2% | 0.09 km² |
Source: VIC DTP Vicmap Planning Zones (ZONE_VIC/2026-04-29/08783d2926383881) · As of Apr 2026. Zone boundaries are amended periodically; verify the exact property with the relevant council before relying on permitted use.