AREA REPORTS

Alphington

Suburb Profile

Alphington - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3078

house
unit

Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,680,000.

The upward trend in home prices in ALPHINGTON, 3078 averaged 13.37% per annum over a 3-year period.

Average weekly rents on listings have reached the $690 mark, reflecting a 2.14% increase in returns based on the current median price in ALPHINGTON.

An average of 3.67 real estate transactions take place per month in ALPHINGTON which translates to 44 per annum.

44 properties were sold in ALPHINGTON in 2016, making it the 216th most active market in VIC based on total real estate transactions.

ALPHINGTON, 3078 places 580th in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,680,000 $610,000
GROWTH REPORT
Median Quarterly -2.61% 1.67%
Median 12 month -2.18% -3.17%
Median 3 years 40.12% 2.01%
Median 5 years 59.62% 29.79%
10 years average annual 8.15% 6.98%
Weekly media advert. rent $690 $400
Time on Market 36.0 days 68.1 days
Gross Rental Yield Percent 2.14% 3.41%
demographics (median values)
Total Population
4483
Weekly Household Income
1246
Household Size
2.50
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

Office space

Office investment in Melbourne is boosting resi investment

Melbourne has been listed as an international investment hotspot and its increase in office investment is helping push up residential invest...

Western Sydney airport

New suburb offering long-term gains for investors

The new Western Sydney Airport is set to bring investors new opportunities, a homebuilder has suggested, with the surrounding ‘Aerotropoli...

Research data

How to get your property research right

An informed property investor is a smart property investor, with one property expert stating preparation is the key to a successful investme...

House key

Landlords vital for home ownership, expert says

Landlords are often blamed for affordability issues, but one property expert and property investor refutes this, arguing that landlords can ...

Property investment

The role of financial advisers in property investment

Financial advisers are not as in-demand as other professionals in the property investment landscape, but experts believe that they are just ...

Hobart

The top 50 regions of growing and declining dwelling value

New data has revealed the top 50 regions across the country that experienced the highest increase in dwelling values over the last year, as ...