Alphington
3078 VIC
Alphington is a vibrant suburb with a diverse population makeup. It has a high proportion of professionals and managers, indicating a strong job market. The suburb offers convenient commuting options with a significant WFH trend. The educational facilities are exceptional with a high ICSEA percentile for government schools.
For house buyers, Alphington presents opportunities for renovation enthusiasts as indicated by the high sale Price IQR ratio. The suburb also shows a solid market absorption rate, suggesting a favorable environment for property appreciation. Unit investors may benefit from the steady rental yield, low vacancy rate, and an increasing demand for rental accommodation.
Alphington offers a desirable lifestyle with quality amenities, good transport links, and strong educational opportunities. The suburb provides potential for both house buyers looking to renovate and unit investors aiming for a stable rental income. With positive population growth trends and a diverse demographic profile, Alphington presents as an attractive location for homeowners and property developers alike.
Sources:
- proptechdata.com.au
- Australian Bureau of Statistics (ABS) Census 2021
- Australian Curriculum, Assessment and Reporting Authority (ACARA) School Profiles 2022
Suburb Highlights
Pricing and long-term growth profile for Alphington houses.
Median Price
$1.820M
# Sales
59
12M Growth
9.9%
10Y Ave Growth
3.0%
Why Buyers Look Here
Owner occupier appeal — 64% owner-occupied — strong community stability and pride of ownership.
Tight supply — Only 1.9% of stock on market — limited turnover supports price growth.
Fast selling market — Properties sell in a median of 25 days — high buyer competition.
Capital Growth
Pricing and long-term growth profile for Alphington houses.
Median Price
$1.820M
# Sales
59
12M Growth
9.9%
10Y Ave Growth
3.0%
Rental Market
Yield, rental pricing and vacancy performance for Alphington houses.
Weekly Rent
$885
Rental Yield
2.8%
Vacancy Rate
1.0%
Rentals Last 12M
74
Supply & Demand
Stock levels, days on market and selling conditions for Alphington.
Stock on Market
1.9%
Days on Market
25
Building Approvals
1.5%
Infrastructure Spend
—
Demographics
Household profile, income strength and owner occupier mix in Alphington.
Population
5,702
Owner Occupiers
64%
Median Income
$126k
IRSAD Rank
98
Recent Sales
Recently sold properties in Alphington.
