The suburb’s capital gain of 5.45% for the past year is higher than average compared to its 16% growth within a five-year period.
Also in ALEXANDRA, the median home price is sitting at $290,000, and the average rent at $270, this suggests property owners could potentially earn a 4.84% increase in gross rental yield.
Property investors have seen a 1.67% 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 3.84% growth over a ten-year period. It ranks 2139th on our list of suburbs that property investors should look into.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||5.45%||N/A|
|Median 3 years||17.53%||N/A|
|Median 5 years||16%||N/A|
|10 years average annual||3.84%||N/A|
|Weekly media advert. rent||$270||N/A|
|Time on Market||94.5 days||N/A|
|Gross Rental Yield Percent||4.84%||N/A|