Investment property in Alphington has done 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 -10.35%
The five-year average increase in median property values for Alphington,3078 has given property investors a potential capital gain of 46.86% across each of those five years.
At number 1838 in a list of fastest selling suburbs, Alphington is just in the bottom half of suburbs in Australia with an average of days on market 77.5714 for properties listed there.
Using the current median advertised rental of $810 and the average annual increase in value of a median property of 8.39%, investors should hope to achieve an overall return of 2.73%
Giving property investors a an average capital gain of -2.74% for the last year, Alphington, 3078 is the 788th highest performer in Australia in this respect.
If we look at median property appreciation over just the last three months, Alphington has given property investors a paper return of -7.78%. This puts Suburb as 322 on a list of fastest fasting appreciating suburbs in VIC
Alphington3078 is located in VIC which offers an average discount of -6.31% to property investors. Alphington itself is showing figures that indicate -3.54% is the average achievable by property buyers investing in the suburb.
Often selling an investment property can take time, and in Alphington the average time real estate has been on the market is 59 days.
Using the current median advertised rental of $467.5 and the average annual increase in value of a median property of 9.78%, investors should hope to achieve an overall return of 3.42%