All About Alphington, Darebin, VIC, 3078

Alphington, located in the local government area of Darebin, Victoria, has become an attractive spot for homebuyers and investors within the Melbourne metropolitan area. The housing market in Alphington has experienced significant growth over recent years, reflecting a combination of its desirable location, community feel, and ongoing urban development projects. Known for its blend of charming period homes and modern architectural designs, Alphington offers a diverse real estate portfolio that attracts families, young professionals, and retirees alike. The area's proximity to the Yarra River and abundance of green spaces, such as the Alphington Park and Darebin Parklands, contribute to its appeal, offering residents a suburban atmosphere with the perks of city living. Although property prices have seen an increase, they remain competitive compared to some of the more central Melbourne suburbs, making Alphington a viable option for those who seek value with lifestyle benefits.

Living in Alphington is characterized by its community-oriented vibe and easy access to a variety of amenities and services. The suburb boasts excellent educational facilities, including the Alphington Grammar School and Alphington Primary School, which are appealing for families prioritizing quality education. Transport links are robust, with the Alphington railway station providing convenient rail access to the Melbourne CBD, making it an ideal location for commuters. Moreover, the local retail scene, including Fairfield Village nearby, offers an assortment of cafes, restaurants, boutique shops, and essential services that provide for the daily needs and recreational interests of its residents. The rich community life is supported by numerous community events and activities, fostering a tight-knit environment that is both inclusive and engaging. Overall, Alphington represents a harmonious balance of tranquility and functionality, providing a high quality of life for its diverse population.

Alphington Real Estate Market Outlook

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.

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.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!