ALEXANDRA ranks 592nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 3.45% for the past year is lower than average compared to its 27.66% growth within a five-year period.
Also in ALEXANDRA, the median home price is sitting at $300,000, and the average rent at $280, this suggests property owners could potentially earn a 4.85% increase in gross rental yield.
Property investors have seen a 8.11% gain in ALEXANDRA based on an increase in median home prices for the past three months.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 3.61% growth over a ten-year period. It ranks 2098th on our list of suburbs that property investors should look into.