Over the last year, property investments in Alphington, 3078 have given investors a capital gain of 22.26%. This compares very favourably with the 10.43% for VIC as a whole.
Taking the average capital gain, or increase in median house value, Alphington,3078 has racked up an average of 22.26% over the period. This ranks it number 94th in the whole country for real estate investors looking at median house price increases.
Alphington3078 is located in VIC which offers an average discount of -5.53% to property investors. Alphington itself is showing figures that indicate -1.67% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Alphington, 3078 is in the Darebin local government area.
With a capital gain of 6.42% for the last 12 months, Alphington, 3078 has performed for property investments than its average annual 9.18% property growth over the last 5 years.
The five-year average increase in median property values for Alphington,3078 has given property investors a potential capital gain of 26.00% across each of those five years.
Sellers are offering property buyers an average discount of -5.15% to buyers in Alphington at the moment, which is less than average for the rest of VIC.
On average over the past year, suburb has had 3.92 sales per month, which equates to 47 per year.
Using the current median advertised rental of $360 and the average annual increase in value of a median property of 9.18%, investors should hope to achieve an overall return of 2.97%