Alphington, 3078 ranked 624th in VIC when comparing growth in median property values or capital gain over the last 12 months. Alphington is one of 2098 in our list for VIC
When looking at the potential capital gains offered to property investors over the last 3 years, Alphington comes in at number 212th in VIC.
Property buyers and investors in Alphington 3078 should be seeing an average reduction in asking price of around -8.20% . This means that Alphington is holding prices well when compared to other suburbs in VIC.
At number 92 in a list of fastest selling suburbs, Alphington is in the TOP 10% of suburbs in Australia with an average of days on market 30.16 for properties listed there.
Using the current median advertised rental of $690 and the average annual increase in value of a median property of 8.31%, investors should hope to achieve an overall return of 2.11%
Alphington, 3078 ranked 319th in VIC when comparing growth in median property values or capital gain over the last 12 months. Alphington is one of 2098 in our list for VIC
Alphington,3078 has offered an average of -4.76% return per annum in house price rises to property investors over the last three years.
LACK OF BUYER INTEREST may well be the reason that Alphington is offering property investors an average of -4.65. This rate of discount on properties puts Suburb at number 9th in terms of most discounted suburbs in VIC
A $400 per week rent on the median house gives suburb investors a gross yield of circa 3.47%, without taking into account capital value appreciation, which has been averaging out at 6.82%.