If you compare the increase in value of investment property in Alfredton, 3350 to the rest of Australia, it performed quite well. The median increase in value, or capital gain property investors experienced for this VIC suburb was 10.00%.
If we look at median property appreciation over just the last three months, Alfredton has given property investors a paper return of 2.67%. This puts Suburb as 250 on a list of fastest fasting appreciating suburbs in VIC
LACK OF BUYER INTEREST may well be the reason that Alfredton is offering property investors an average of -5.91. This rate of discount on properties puts Suburb at number 346th in terms of most discounted suburbs in VIC
With the median price for a house in Alfredton being $385000 and the advertised rent reaching $315 the gross rental yield for property investors calculates out to be 4.25%
Alfredton is in the bottom 10% in VIC when comparing median price capital growth over the last year. Alfredton gave property investors a dismal capital gain figure when compared to the rest of the state, with -11.46%.
Comparing Alfredton,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Alfredton is $250134, with sellers offering an average of -7.51% off the asking price.