Alphington is in the TOP 20% in VIC when comparing median price capital growth over the last year. Alphington gave property investors a very good capital gain figure when compared to the rest of the state, with 21.26%.
If we look at median property appreciation over just the last three months, Alphington has given property investors a paper return of 6.18%. This puts Suburb as 80 on a list of fastest fasting appreciating suburbs in VIC
At number 574th of VIC’s most discounted properties, Alphington is in the TOP 10% of the state/territory when listing in order of most discounted to least.
In the last year 43 properties changed hands in Alphington, which puts it as the 468th most active market in VIC when comparing the number of sales per suburb.
Situated 7.01km from the CBD, Alphington is one of Darebin localities in the postcode 3078.
VIC has seen average median house prices change by 5.66% which means that Alphington, 3078 has done well for property investors by showing a capital gain of -7.69% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alphington has increased when compared to the 5 year average annual rate.
Property investors looking for a bargain in Alphington should be aiming for at least -5.65% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
Situated 6.52km from the CBD, Alphington is one of Darebin localities in the postcode 3078.