ALEXANDRA ranks 638th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of 1.95% for the past year is lower than average compared to its 20% growth within a five-year period.
Also in ALEXANDRA, the median home price is sitting at $288,000, and the average rent at $280, this suggests property owners could potentially earn a 5.06% increase in gross rental yield.
Property investors have seen a -1.2% drop in ALEXANDRA based on a decrease 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 3.39% growth over a ten-year period. It ranks 2255th on our list of suburbs that property investors should look into.