Free full calculator →
Suburb Insights · VIC 3824

Trafalgar South, VIC 3824 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Trafalgar South is a regional centre in Victoria, Australia, with a population of approximately 305, making it a boutique locality. Located approximately 115 km from the Melbourne CBD, Trafalgar South is a regional area in Victoria. The median household income is $104,780 per year.

Investment Score

47 / 100 Moderate

Trafalgar South benefits from a high-income resident base, supporting premium property pricing. Distance from major centres is a consideration, though regional markets can offer higher rental yields.

Location

Melbourne
Trafalgar South
Victoria · 3824
115 km from Melbourne CBD
View on Google Maps ↗

Key Indicators

Postcode
3824

Official Australia Post postcode for Trafalgar South. A postcode may cover multiple suburbs.

Australia Post Postcode Finder →
Population
305

Usual resident population at the most recent census.

Median weekly rent
$310/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$104,780/yr

Annual median household income (before tax) across all households.

Distance to CBD
115 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

Find schools near Trafalgar South on My School →
Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,800/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
86% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Trafalgar South is a smaller community of 305 — about 4% of the Victoria suburb median (7,416) — so investors should factor in the narrower buyer pool and longer average time-on-market. Households here earn $104,780/year on average — 10% above the VIC suburb median of $95,160 — a modest premium that supports resilient owner-occupier demand. Rent of $310/week (75% coverage of the $1,800/month median mortgage) leaves a gap of roughly $457/month that a typical investor bridges with negative gearing, depreciation and capital growth. Trafalgar South is 115 km from Melbourne, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Trafalgar South vs Victoria Median

How Trafalgar South stacks up against the median of all Victoria suburbs in our dataset. Positive values mean Trafalgar South sits above the state median; negative means below.

MetricTrafalgar SouthVIC medianΔ vs state
Population3057,416-96%
Median household income$104,780/yr$95,160/yr+10%
Median rent (weekly)$310$380-18%
Median mortgage (monthly)$1,800$1,950-8%
Distance to CBD115 km32 km+259%
Separate houses86%78%+8pp

Investor Checklist

Pre-inspection briefing for Trafalgar South — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 305 means liquidity is thin and capital growth tends to lag the wider Victoria market over full cycles.

⚠️
Rental Yield

Moderate rental coverage: rent of $310/week covers 75% of a $1,800/month mortgage, leaving a $457/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 86% houses in a 305-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Trafalgar South property

Full Property Analysis

30-year projections for Trafalgar South

Scenario comparison, cash flow analysis, tax modelling, and PDF export — all in one place.

Create free account →
Or jump straight to a calculator: Loan Serviceability First Home Buyer Grants

2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Trafalgar South are modest for 2026 — incomes 10% above the VIC median of $95,160 and a population of 305 suggest gains will lag headline metro markets. Rental coverage runs at ~75% of the typical mortgage ($1,343/month rent vs $1,800/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 47/100 places Trafalgar South in the mid tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

Share your experience of Trafalgar South

Lived in Trafalgar South? Help other investors with an honest 100-word review. Sign-in required; all reviews are manually moderated before they appear.

Frequently Asked Questions

Is Trafalgar South a good suburb for investment?

Trafalgar South scores 47/100 on our EquitySight investment framework — a moderate rating. That score is driven by a population of 305, median household income of $104,780/year and median weekly rent of $310. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Trafalgar South?

The main demand drivers in Trafalgar South are an above-state-median household income of $104,780/year, a dwelling mix that is 86% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Trafalgar South?

Trafalgar South has a usual resident population of approximately 305, compared with a Victoria suburb median of 7,416 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Trafalgar South from the Melbourne CBD?

Trafalgar South sits 115 km straight-line from the Melbourne CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Trafalgar South?

The most recent census recorded a median weekly rent of $310 in Trafalgar South, equating to approximately $16,120/year in gross rental income (state median $380/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Trafalgar South?

The median monthly mortgage repayment in Trafalgar South is $1,800, or approximately $21,600/year (vs $1,950/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Trafalgar South cash-flow positive for investors?

A median weekly rent of $310 works out to $1,343/month, covering 75% of the median mortgage repayment of $1,800/month. That leaves a $457/month shortfall (around $5,484/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Trafalgar South?

The main risks are a thin buyer pool (305 residents), interest-rate sensitivity on the $1,800 median mortgage, the broader Victoria market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Trafalgar South profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Victoria Property Resources