Suburb Profile Report for Alexandria NSW (2015)

Alexandria House: Median price $1,546,364, Annual capital growth 8.21%, Number of sales 70, Weekly median advertised rent $850

Alexandria Unit: Median price $751,000, Annual capital growth 7.10%, Number of sales 177, Weekly median advertised rent $630

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales
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Property investors who have had real estate in Alexandria, 2015 should be unhappy with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -10.61%

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.

Alexandria, 2015 is offering NSW ‘s 910th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this NSW.

At number 339 in a list of fastest selling suburbs, Alexandria is in the TOP 10% of suburbs in Australia with an average of days on market 42 for properties listed there.

NSW has seen average median house prices change by 1.69% which means that Alexandria, 2015 has done well for property investors by showing a capital gain of 0.13% over the last year

Over the longer term, Alexandria has seen property prices show investors a 15.54% return over the last 3 years. This is worse than over the last 12 months

Alexandria, 2015 is offering NSW ‘s 255th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this NSW.

At number 573 in a list of fastest selling suburbs, Alexandria is in the TOP 40% of suburbs in Australia with an average of days on market 64.58 for properties listed there.

Advertised rents are around the $630 mark per week – giving a return of 4.36% based on the median price in Suburb

YIP MAG Information supplied by:

YIP MAG
September 2015

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Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphereFull summary

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

Close
Metrics i HOUSE UNIT
$1,546,364 $751,000
-1.82% 0.47%
-10.61% 0.13%
8.21% 7.10%
$850 $630
70 177
2.86% 4.36%
42 64.58

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 7048
Median household income ($/weekly) 2075
Median age of persons 33
Median housing loan repayment ($/monthly) 2500
Average household size 2
  • Census Count Percent(%)
    20-24 years 522 7.4
    25-34 years 2355 33.4
    35-44 years 1626 23.1
    45-54 years 855 12.1
    55-64 years 469 6.7
    Others 1223 17.3
    Age Group
    Census Count Percent(%)
    Not Married 2690 47.6
    Registered Married 1550 27.5
    Defacto Relationship 1406 24.9
    Social Marital Status
  • Census Count Percent(%)
    Australia 4288 65.5
    Croatia 179 2.7
    Papua New Guinea 280 4.3
    United Kingdom 424 6.5
    Other 466 7.1
    Others 913 13.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 236 3.8
    Christianity 3035 48.5
    Islam 77 1.2
    Judaism 70 1.1
    No Religion 2755 44.0
    Others 90 1.4
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 427 14.3
    $2,000-$2,499 342 11.4
    $2,500-$2,999 502 16.8
    $3,000-$3,499 255 8.5
    $4,000 or more 285 9.5
    Others 1185 39.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3881 66.1
    Employed, worked part-time 860 14.6
    Not in the labour force 776 13.2
    Employed, away from work 193 3.3
    Unemployed, looking for work 163 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 919 18.6
    Professionals 1903 38.6
    Technicians & trades workers 404 8.2
    Community & personal service workers 398 8.1
    Clerical & administrative workers 707 14.3
    Others 603 12.2
    Occupation
    Census Count Percent(%)
    Infants/Primary 238 19.3
    Secondary 110 8.9
    Technical or Further Educational Institution 182 14.8
    University or other Tertiary Institutions 566 45.9
    Other type of educational institution 80 6.5
    Others 57 4.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Flat, unit or apartment 3431 53.1
    Semi-detached, row or terrace house, townhouse 2648 41.0
    Separate house 370 5.7
    House or flat attached to a shop, office 15 0.2
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 1506 46.7
    Being purchased 1304 40.4
    Fully owned 399 12.4
    Other tenure type 15 0.5
    Tenure Type
Census 2011, ABS
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Recent sales & rentals