Alphington has had a A very good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 23.46% to date .
Alphington,3078 has offered an average of 23.46% return per annum in house price rises to property investors over the last three years.
Alphington, 3078 is offering VIC ‘s 620th 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.
Often selling an investment property can take time, and in Alphington the average time real estate has been on the market is 55.12 days.
A $650 per week rent on the median house gives suburb investors a gross yield of circa 2.25%, without taking into account capital value appreciation, which has been averaging out at 9.07%.
If you compare the increase in value of investment property in Alphington, 3078 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.83%.
Across a shorter period, Alphington, 3078 has seen a median price increase of 0.77% over the last quarter.
Property buyers and investors in Alphington 3078 should be seeing an average reduction in asking price of around -3.45% . This means that Alphington is holding prices well when compared to other suburbs in VIC.
At number 421 in a list of fastest selling suburbs, Alphington is in the TOP 30% of suburbs in Australia with an average of days on market 60.75 for properties listed there.
Situated 6.58km from the CBD, Alphington is one of Darebin localities in the postcode 3078.