Giving property investors a an unimpressive capital gain of 1.22% for the last year, Alfredton, 3350 is the 2540th highest performer in Australia in this respect.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alfredton has increased when compared to the 5 year average annual rate.
Vendor discounting in Alfredton is giving property investors an average Vendor Discount of around -3.64%. This puts suburb at number 512th in VIC when ranking the most discounted suburbs.
Property investors should expect to get $350 weekly from the median priced house in this suburb.
VIC has seen average median house prices change by 7.50% which means that Alfredton, 3350 has done well for property investors by showing a capital gain of -11.60% over the last year
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alfredton has fallen somewhat when compared to the 5 year average annual rate.
Property investors looking for a bargain in Alfredton should be aiming for at least -5.93% off the asking price, which is the average vendor discount being achieved at the moment.
With the median price for a house in Alfredton being $210000 and the advertised rent reaching $242.5 the gross rental yield for property investors calculates out to be 6.00%