With a capital gain of 21.12% for the last 12 months, Alphington, 3078 has performed for property investments than its average annual 9.11% property growth over the last 5 years.
Taking the average capital gain, or increase in median house value, Alphington,3078 has racked up an average of 21.12% over the period. This ranks it number 723th in the whole country for real estate investors looking at median house price increases.
Alphington, 3078 is offering VIC ‘s 623th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this VIC.
In the last year 54 properties changed hands in Alphington, which puts it as the 415th most active market in VIC when comparing the number of sales per suburb.
Property investors who have had real estate in Alphington, 3078 should be relatively pleased with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 9.98%
Taking the average capital gain, or increase in median house value, Alphington,3078 has racked up an average of 9.98% over the period. This ranks it number 470th in the whole country for real estate investors looking at median house price increases.
Our latest figures would indicate that property sellers in Alphington are currently offering property investors an average price cut of -4.02% below the asking price at the moment.
At number 405 in a list of fastest selling suburbs, Alphington is in the TOP 30% of suburbs in Australia with an average of days on market 60.37 for properties listed there.
A $370 per week rent on the median house gives suburb investors a gross yield of circa 2.96%, without taking into account capital value appreciation, which has been averaging out at 11.15%.