Alphington is a mid-sized suburb in Victoria within the Darebin local government area (postcode 3078). With a population of 5,702, the suburb has an established demographic with a median age of 39. Households earn a median income of $126K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Alphington is $2.1 million, having dipped slightly 1.4% over the past year. Units have a median price of $760,000 (-1.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,492.
Alphington is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1155, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 27 bus stops. The crime rate in the Darebin LGA is higher than average at 10,706 incidents per 100,000 population.
From an investment perspective, Alphington offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.1M/$875K), placing it in the premium segment. The price-to-income ratio of 16.5x is considered stretched. House prices have moved -1.4% year-on-year.
Alphington is a mid-sized suburb in Victoria within the Darebin local government area (postcode 3078). With a population of 5,702, the suburb has an established demographic with a median age of 39. Households earn a median income of $126K per year, with an average household size of 2.4 people. The most common occupations are professionals, managers, clerical & administrative. The top ancestries reported are English, Australian, Irish.
The median house price in Alphington is $2.1 million, having dipped slightly 1.4% over the past year. Units have a median price of $760,000 (-1.9% YoY). The current median weekly rent is $500. This gives a gross rental yield of approximately 1.3%. The median monthly mortgage repayment is $2,492.
Alphington is served by 3 schools, including 2 primary, 1 combined. The average ICSEA score is 1155, which is well above the national average of 1,000. Public transport access includes 2 rail stations, 27 bus stops. The crime rate in the Darebin LGA is higher than average at 10,706 incidents per 100,000 population.
From an investment perspective, Alphington offers a gross rental yield of 1.3%, rated as low yield. Property prices are above the state median ($2.1M/$875K), placing it in the premium segment. The price-to-income ratio of 16.5x is considered stretched. House prices have moved -1.4% year-on-year.