Over the last year, property investments in Alexandria, 2015 have given investors a capital gain of 9.80%. This compares very favourably with the -2.10% for NSW as a whole.
While Alexandria,2015 ranked number 189th in NSW for increase in median house value (annualised) increase, it is ranked 874th over the last 5 years.
The NSW suburb of Alexandria, 2015 is in the Sydney (C) local government area.
Investment property in Alexandria has done pretty poorly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of -6.80%
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alexandria has increased when compared to the 5 year average annual rate.
The most recent median price for Alexandria is $685000, with sellers offering an average of -6.93% off the asking price.
The NSW suburb of Alexandria, 2015 is in the Sydney (C) local government area.
![YIP MAG]()
Information supplied by:
YIP MAG
September 2015
M
O
W
E
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