Alexandria, 2015 ranked 461th in NSW when comparing growth in median property values or capital gain over the last 12 months. Alexandria is one of 3163 in our list for NSW
When looking at the potential capital gains offered to property investors over the last 3 years, Alexandria comes in at number 1008th in NSW.
Property investors should expect to get $800 weekly from the median priced house in this suburb.
NSW has seen average median house prices change by 2.36% which means that Alexandria, 2015 has done well for property investors by showing a capital gain of -8.94% over the last year
Alexandria,2015 was ranked 1092 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Alexandria is offering property investors an average of -3.89. This rate of discount on properties puts Suburb at number 254th in terms of most discounted suburbs in NSW
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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