Alexandria, 2015 ranked 753th in NSW when comparing growth in median property values or capital gain over the last 12 months. Alexandria is one of 3162 in our list for NSW
Over the longer term, Alexandria has seen property prices show investors a 63.95% return over the last 3 years. This is worse than over the last 12 months
Property buyers and investors in Alexandria 2015 should be seeing an average reduction in asking price of around -3.00% . This means that Alexandria is holding prices well when compared to other suburbs in NSW.
Often selling an investment property can take time, and in Alexandria the average time real estate has been on the market is 57.93 days.
Renters in Suburb are facing rents around $9360 per annum or $780 every week.
Alexandria has had a A very good year for property investment returns compared to the rest of NSW, giving investors a capital gain of 21.16% to date .
While Alexandria,2015 ranked number 258th in NSW for increase in median house value (annualised) increase, it is ranked 64th over the last 5 years.
Sellers are offering property buyers an average discount of -5.09% to buyers in Alexandria at the moment, which is less than average for the rest of NSW.
In the last year 154 properties changed hands in Alexandria, which puts it as the 81th most active market in NSW when comparing the number of sales per suburb.
Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphereFull summary
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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 desirableClose
Where to avoid: Properties backing towards Zetland due to noise and competition from newer properties