Suburb Profile Report for Alexandria NSW (2015)

Alexandria House: Median price $1,550,000, Annual capital growth 10.41%, Number of sales 63, Weekly median advertised rent $800

Alexandria Unit: Median price $769,500, Annual capital growth 8.37%, Number of sales 179, Weekly median advertised rent $615

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
TOP 100 suburbs

Source: CoreLogic

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  • Unit Report
  • Expert Report

Property investors who have had real estate in Alexandria, 2015 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 12.32%

Taking the average capital gain, or increase in median house value, Alexandria,2015 has racked up an average of 12.32% over the period. This ranks it number 137th in the whole country for real estate investors looking at median house price increases.

Our latest figures would indicate that property sellers in Alexandria are currently offering property investors an average price cut of -4.33% below the asking price at the moment.

A $800 per week rent on the median house gives suburb investors a gross yield of circa 2.68%, without taking into account capital value appreciation, which has been averaging out at 10.41%.

If you compare the increase in value of investment property in Alexandria, 2015 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 9.07%.

The five-year average increase in median property values for Alexandria,2015 has given property investors a potential capital gain of 65.84% across each of those five years.

Alexandria, 2015 is offering NSW ‘s 49th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 20% of discounts offered by this NSW.

Often selling an investment property can take time, and in Alexandria the average time real estate has been on the market is 63.4 days.

Advertised rents are around the $615 mark per week – giving a return of 4.16% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
September 2015

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Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphereFull summary

Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphere

A former industrial area that has undergone extensive gentrification in recent years, Alexandria now rivals nearby sububrbs such as Zetland. 

This can be seen in the suburb's median house price, which now sits above $1.3 million, having grown by over 67% in the last five years. 

Despite being close to unit developements in suburbs like Zetland, Alexandria's units are also going from strength to strength, with their median price sitting at $580,000 - up 32% over the last five years. 

Apartments in Alexandria are also offering good returns for investors, currenlty boasting a gross rental yeild of 5.2%. 

Alexandria enjoys excellent transport links to Sydney CBD. Residents can access the Green Square train station and it’s within easy walking distance to Erskineville, St Peters and Redfern railway stations.

There are also multiple bus routes connecting it to all parts of Sydney.

The suburb is also located close to three universities: Sydney University, New South Wales University and UTS, which means it’s benefiting from student and staff demand for housing.

Housing stock is varied but the suburb features a lot of semi-detached houses, federation style houses and terraces, which are popular among young families, couples and renovators.

Alexandria is poised to benefit from the massive urban redevelopment currently underway in Green Square, which has been touted as the next Chatswood.

Where to buy: Properties near Alexandria Park have a better outlook, quieter streets and more desirable

Where to avoid: Properties backing towards Zetland due to noise and competition from newer properties

Close
Metrics i HOUSE UNIT
$1,550,000 $769,500
2.99% -0.85%
12.32% 9.07%
10.41% 8.37%
$800 $615
63 179
2.68% 4.16%
32.54 63.4

Source: CoreLogic

DSR Score for property investment : Good (U), Good (H)
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Demographics
Total population 7048
Median household income ($/weekly) 2075
Median age of persons 33
Median housing loan repayment ($/monthly) 2500
Average household size 2
  • Census Count Percent(%)
    20-24 years 522 7.4
    25-34 years 2355 33.4
    35-44 years 1626 23.1
    45-54 years 855 12.1
    55-64 years 469 6.7
    Others 1223 17.3
    Age Group
    Census Count Percent(%)
    Not Married 2690 47.6
    Registered Married 1550 27.5
    Defacto Relationship 1406 24.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4288 65.5
    Croatia 179 2.7
    Papua New Guinea 280 4.3
    United Kingdom 424 6.5
    Other 466 7.1
    Others 913 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 236 3.8
    Christianity 3035 48.5
    Islam 77 1.2
    Judaism 70 1.1
    No Religion 2755 44.0
    Others 90 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 427 14.3
    $2,000-$2,499 342 11.4
    $2,500-$2,999 502 16.8
    $3,000-$3,499 255 8.5
    $4,000 or more 285 9.5
    Others 1185 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3881 66.1
    Employed, worked part-time 860 14.6
    Not in the labour force 776 13.2
    Employed, away from work 193 3.3
    Unemployed, looking for work 163 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 919 18.6
    Professionals 1903 38.6
    Technicians & trades workers 404 8.2
    Community & personal service workers 398 8.1
    Clerical & administrative workers 707 14.3
    Others 603 12.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 238 19.3
    Secondary 110 8.9
    Technical or Further Educational Institution 182 14.8
    University or other Tertiary Institutions 566 45.9
    Other type of educational institution 80 6.5
    Others 57 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3431 53.1
    Semi-detached, row or terrace house, townhouse 2648 41.0
    Separate house 370 5.7
    House or flat attached to a shop, office 15 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1506 46.7
    Being purchased 1304 40.4
    Fully owned 399 12.4
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals