Thinking about buying in Alphington? Now could not be a better time, with 3967 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,787,000 with prices in this suburb ranging from $230,000 to $10,120,000. Alphington is located fairly close to the coast at just 7Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Alphington Real Estate Market Outlook

Consistent high demand relative to supply is a key feature in Alphington driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Alphington ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Alphington classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. Medium density in Alphington necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Lower than average industry presence in Alphington we believe will be less of a negative impact than it has in the past. Post-COVID and the growth in working from home has lessened the demand for local employment options. This may make Alphington a better buying opportunity than it may have been in the past.

Houses for sale Alphington

	unit 6, 11 broomfield av, alphington, vic, 3078	2	2	1	Private Sale $2,350,000
	unit 1, 49 yarralea st, alphington, vic, 3078	3	1	1	Private Sale $2,190,000
	unit 4, 152 grange rd, alphington, vic, 3078	3	1	1	EOI $1,330,000 - $1,430,000
	unit 5, 96 grange rd, alphington, vic, 3078				Private Sale $795,000
	24 harker st, alphington, vic, 3078	2	1	1	EOI $1,400,000 - $1,450,000
	unit 107, 101 parkview rd, alphington, vic, 3078	1	1	1	$440,000 - $460,000

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General Points of Interest

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