Investment property in Alexandria has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 15.71%
A 91.69% growth in median value for property investors in Alexandria,2015 puts this suburb at number 154th in terms of best performing suburbs in NSW
Alexandria2015 is located in NSW which offers an average discount of -5.49% to property investors. Alexandria itself is showing figures that indicate -10.50% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Alexandria being $1591000 and the advertised rent reaching $800 the gross rental yield for property investors calculates out to be 2.61%
Alexandria, 2015 ranked 316th in NSW when comparing growth in median property values or capital gain over the last 12 months. Alexandria is one of 3163 in our list for NSW
Across a shorter period, Alexandria, 2015 has seen a median price increase of -4.36% over the last quarter.
Property investors looking for a bargain in Alexandria should be aiming for at least -6.14% off the asking price, which is the average vendor discount being achieved at the moment.
The NSW suburb of Alexandria, 2015 is in the Sydney local government area.
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