With a capital gain of 11.21% for the last 12 months, Alexandria, 2015 has performed for property investments than its average annual 2.02% property growth over the last 5 years.
When looking at the potential capital gains offered to property investors over the last 3 years, Alexandria comes in at number 709th in NSW.
Alexandria, 2015 is offering NSW ‘s 571th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 40% of discounts offered by this NSW.
At number 3688 in a list of fastest selling suburbs, Alexandria is in the bottom 30% of suburbs in Australia with an average of days on market 58.9741 for properties listed there.
Alexandria is 426th on a list of best yielding suburbs for rents in NSW with a 4.74% return
Investment property in Alexandria has done around average for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 13.94%
Across a shorter period, Alexandria, 2015 has seen a median price increase of 2.41% over the last quarter.
Sellers are offering property buyers an average discount of -3.02% to buyers in Alexandria at the moment, which is less than average for the rest of NSW.
The NSW suburb of Alexandria, 2015 is in the Sydney (C) local government area.
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Sitting just 5km south of the Sydney CBD, Alexandria offers a mix of city living in a relaxed atmosphere
A former industrial area that has undergone extensive gentrification in recent years, Alexandria now rivals nearby sububrbs such as Zetland.
This can be seen in the suburb's median house price, which now sits above $1.3 million, having grown by over 67% in the last five years.
Despite being close to unit developements in suburbs like Zetland, Alexandria's units are also going from strength to strength, with their median price sitting at $580,000 - up 32% over the last five years.
Apartments in Alexandria are also offering good returns for investors, currenlty boasting a gross rental yeild of 5.2%.
Alexandria enjoys excellent transport links to Sydney CBD. Residents can access the Green Square train station and it’s within easy walking distance to Erskineville, St Peters and Redfern railway stations.
There are also multiple bus routes connecting it to all parts of Sydney.
The suburb is also located close to three universities: Sydney University, New South Wales University and UTS, which means it’s benefiting from student and staff demand for housing.
Housing stock is varied but the suburb features a lot of semi-detached houses, federation style houses and terraces, which are popular among young families, couples and renovators.
Alexandria is poised to benefit from the massive urban redevelopment currently underway in Green Square, which has been touted as the next Chatswood.
Where to buy: Properties near Alexandria Park have a better outlook, quieter streets and more desirable
Where to avoid: Properties backing towards Zetland due to noise and competition from newer properties