Alexandra is in the bottom 10% in VIC when comparing median price capital growth over the last year. Alexandra gave property investors a dismal capital gain figure when compared to the rest of the state, with -3.16%.
Taking the average capital gain, or increase in median house value, Alexandra,3714 has racked up an average of -3.16% over the period. This ranks it number 2605th in the whole country for real estate investors looking at median house price increases.
Vendor discounting in Alexandra is giving property investors an average Vendor Discount of around -5.31%. This puts suburb at number 338th in VIC when ranking the most discounted suburbs.
Advertised rents are around the $265 mark per week – giving a return of 4.99% based on the median price in Suburb