Property value increases in Alexandria have tracked just higher than the NSW average of -3.87% over the last 12 months.
Alexandria,2015 has offered an average of -0.33% return per annum in house price rises to property investors over the last three years.
Often selling an investment property can take time, and in Alexandria the average time real estate has been on the market is 56.9444 days.
Renters in Suburb are facing rents around $44200 per annum or $850 every week.
Over the last year, property investments in Alexandria, 2015 have given investors a capital gain of -7.86%. This compares badly with the -3.67% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Alexandria,2015 has racked up an average of -7.86% over the period. This ranks it number 1161th in the whole country for real estate investors looking at median house price increases.
When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Alexandria, 2015. Typically our figures indicate that -6.77% is being offered, which puts this NSW suburb at 447th most discounted overall in Australia.
At number 500 in a list of fastest selling suburbs, Alexandria is in the TOP 40% of suburbs in Australia with an average of days on market 74.6154 for properties listed there.
With the median price for a house in Alexandria being $709500 and the advertised rent reaching $625 the gross rental yield for property investors calculates out to be 4.58%
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Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphere
A former industrial area that has undergone extensive gentrification in recent years, Alexandria now rivals nearby sububrbs such as Zetland.
This can be seen in the suburb's median house price, which now sits above $1.3 million, having grown by over 67% in the last five years.
Despite being close to unit developements in suburbs like Zetland, Alexandria's units are also going from strength to strength, with their median price sitting at $580,000 - up 32% over the last five years.
Apartments in Alexandria are also offering good returns for investors, currenlty boasting a gross rental yeild of 5.2%.
Alexandria enjoys excellent transport links to Sydney CBD. Residents can access the Green Square train station and it’s within easy walking distance to Erskineville, St Peters and Redfern railway stations.
There are also multiple bus routes connecting it to all parts of Sydney.
The suburb is also located close to three universities: Sydney University, New South Wales University and UTS, which means it’s benefiting from student and staff demand for housing.
Housing stock is varied but the suburb features a lot of semi-detached houses, federation style houses and terraces, which are popular among young families, couples and renovators.
Alexandria is poised to benefit from the massive urban redevelopment currently underway in Green Square, which has been touted as the next Chatswood.
Where to buy: Properties near Alexandria Park have a better outlook, quieter streets and more desirable
Where to avoid: Properties backing towards Zetland due to noise and competition from newer properties