Alphington is in the bottom 40% in VIC when comparing median price capital growth over the last year. Alphington gave property investors a disappointing capital gain figure when compared to the rest of the state, with 7.79%.
Alphington,3078 was ranked 2286 in Australia by increase in median property value over the quarter.
Our latest figures would indicate that property sellers in Alphington are currently offering property investors an average price cut of -4.57% below the asking price at the moment.
Renters in Suburb are facing rents around $7200 per annum or $600 every week.
Alphington has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -5.38% to date .
While Alphington,3078 ranked number 142th in VIC for increase in median house value (annualised) increase, it is ranked 227th over the last 5 years.
Vendor discounting in Alphington is giving property investors an average Vendor Discount of around -7.25%. This puts suburb at number 30th in VIC when ranking the most discounted suburbs.
Renters in Suburb are facing rents around $5040 per annum or $420 every week.