VIC has seen average median house prices change by -1.79% which means that Alfredton, 3350 has not done well for property investors by showing a capital gain of 7.50% over the last year
While Alfredton,3350 ranked number 126th in VIC for increase in median house value (annualised) increase, it is ranked 519th over the last 5 years.
Alfredton3350 is located in VIC which offers an average discount of -6.90% to property investors. Alfredton itself is showing figures that indicate -4.16% is the average achievable by property buyers investing in the suburb.
With the median price for a house in Alfredton being $451500 and the advertised rent reaching $380 the gross rental yield for property investors calculates out to be 4.38%
Alfredton, 3350 ranked 24th in VIC when comparing growth in median property values or capital gain over the last 12 months. Alfredton is one of 2099 in our list for VIC
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.
Property investors looking for a bargain in Alfredton should be aiming for at least -5.30% off the asking price, which is the average vendor discount being achieved at the moment.
On average over the past year, suburb has had 1.17 sales per month, which equates to 14 per year.
Situated 105.99km from the CBD, Alfredton is one of Ballarat (C) localities in the postcode 3350.