WA has seen average median house prices change by -2.74% which means that Alexander Heights, 6064 has not done well for property investors by showing a capital gain of -5.54% over the last year
Across a shorter period, Alexander Heights, 6064 has seen a median price increase of -1.22% over the last quarter.
LACK OF BUYER INTEREST may well be the reason that Alexander Heights is offering property investors an average of -8.58. This rate of discount on properties puts Suburb at number 115th in terms of most discounted suburbs in WA
Property investors should expect to get $400 weekly from the median priced house in this suburb.
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Property value increases in Alexander Heights have tracked just higher than the WA average of 5.14% over the last 12 months.
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Alexander Heights has increased when compared to the 5 year average annual rate.
The most recent median price for Alexander Heights is $450000, with sellers offering an average of -5.75% off the asking price.
The WA suburb of Alexander Heights, 6064 is in the Wanneroo local government area.
Selling points: 8.4% growth in the last 12 months
Most sought-after properties: House
Most common properties: House
Top amenities: Alinjarra Primary School, Alexander Heights Shopping Centre & Community Centre
Local industry and business: Located 15km from Perth GPO. Short drive to industrial areas in both Malaga & Wangara
Recent changes: Originally named "Alinjarra", an Aboriginal word for 'north' in 1977, this suburb was renamed Alexander Heights in 1987. The name is derived from Alexander Drive, the main arterial road into the area.
Best streets: Azelia Street & Highview Street
Public transport: Local bus service
Main arteries: Alexander Drive, Hepburn Avenue, Mirrabooka Avenue & Marangaroo Drive