Thinking about buying in Alexandra? Now could not be a better time, with just 112 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $569,000 with prices in this suburb ranging from $299,000 to $1,218,000. Alexandra is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
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In Alexandra there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Alexandra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The slightly lower than average earnings from occupations in Alexandra changes the housing and lifestyle preference. It is more a matter of what can be afforded rather than what would we prefer, leading to slower price increases over time. Lower than average population density constrains growth in Alexandra to an extent. However, where buyers are willing to compromise on housing and lifestyle choice, there are affordable options. With very low industrial sector presence in Alexandra the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
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5 LEW TON CCT, ALEXANDRA, VIC, 3714 | $420,000 | |||
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59 HALLS FLAT RD, ALEXANDRA, VIC, 3714 |
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$1,130,000 | ||
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7 WEBSTER ST, ALEXANDRA, VIC, 3714 | $590,000 | |||
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45 ROSE ST, ALEXANDRA, VIC, 3714 |
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$619,000 | ||
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5026 MAROONDAH HWY, ALEXANDRA, VIC, 3714 |
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$570,000-$595,000 |
St John's Catholic Primary School
Walkerston State School
(While the above schools are located with the suburb of Alexandra there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.7 | 13.8 | 27.7 | 30.5 | 79.7 | 4.8 | 26.6 |
Feb | 1.7 | 13.8 | 26.3 | 35.6 | 82.6 | 4.5 | 22.3 |
Mar | 1.7 | 12.0 | 22.8 | 43.1 | 84.7 | 4.4 | 17.5 |
Apr | 1.9 | 9.3 | 18.3 | 49.4 | 86.9 | 4.0 | 13.2 |
May | 1.8 | 6.7 | 13.4 | 63.7 | 90.7 | 4.1 | 9.3 |
Jun | 2.0 | 4.6 | 10.2 | 71.6 | 92.9 | 4.0 | 7.1 |
Jul | 2.0 | 3.9 | 9.3 | 72.4 | 94.4 | 4.5 | 7.1 |
Aug | 2.0 | 3.8 | 10.3 | 64.3 | 93.3 | 4.6 | 10.2 |
Sept | 2.2 | 5.9 | 13.9 | 55.9 | 89.4 | 4.8 | 15.2 |
Oct | 1.6 | 7.8 | 17.6 | 49.2 | 87.1 | 4.8 | 20.6 |
Nov | 2.1 | 9.7 | 21.2 | 42.2 | 87.8 | 4.8 | 23.9 |
Dec | 1.7 | 11.8 | 24.9 | 32.8 | 82.4 | 4.8 | 26.9 |
source: Australian Government Bureau of Meteorology
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