Alfredton has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.25% to date .
Comparing Alfredton,3350 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
The most recent median price for Alfredton is $395500, with sellers offering an average of -4.47% off the asking price.
Using the current median advertised rental of $320 and the average annual increase in value of a median property of 3.07%, investors should hope to achieve an overall return of 4.21%
Alfredton, 3350 ranked 321th in VIC when comparing growth in median property values or capital gain over the last 12 months. Alfredton is one of 2098 in our list for VIC
The five-year average increase in median property values for Alfredton,3350 has given property investors a potential capital gain of -4.04% across each of those five years.
LACK OF BUYER INTEREST may well be the reason that Alfredton is offering property investors an average of -5.03. This rate of discount on properties puts Suburb at number 34th in terms of most discounted suburbs in VIC
Residents and property investors in Alfredton have been waiting around 86.85 days to sell a property.
Alfredton, 3350’s gross rental yield is 4.85%