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Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Median values are calculated based on data over a 12 month period.
Data is provided by CoreLogic. CoreLogic is a leading provider of consumer, financial and property information, analytics and services to business and government. About this data
Market Report
In Alfred Cove, the median property price for a house is currently 1,250,000 with annual capital growth of 14.16 . There were 51 house sales in the past 12 months. On average, houses spend 7 days on market.
If you're thinking about buying an investment property in Alfred Cove, consider that rental yields for houses are currently 3.45 with an average median rent of 775 weekly. Houses have seen 3.31 growth in the past quarter, and 14.16 growth in the past 12 months.
The size of Alfred Cove is approximately 1.1 square kilometres. It has 5 parks covering nearly 15.5% of total area. The population of Alfred Cove in 2011 was 2,304 people. By 2016 the population was 2,558 showing a population growth of 11.0% in the area during that time. The predominant age group in Alfred Cove is 40-49 years.
Households in Alfred Cove are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Alfred Cove work in a professional occupation. In 2011, 76.2% of the homes in Alfred Cove were owner-occupied compared with 79.8% in 2016.
There were 6 unit sales in the past 12 months.
If you're thinking about buying an investment property in Alfred Cove, consider that rental yields for units are currently 5.05 with an average median rent of 725 weekly.
The size of Alfred Cove is approximately 1.1 square kilometres. It has 5 parks covering nearly 15.5% of total area. The population of Alfred Cove in 2011 was 2,304 people. By 2016 the population was 2,558 showing a population growth of 11.0% in the area during that time. The predominant age group in Alfred Cove is 40-49 years.
Households in Alfred Cove are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Alfred Cove work in a professional occupation. In 2011, 76.2% of the homes in Alfred Cove were owner-occupied compared with 79.8% in 2016.
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| Key Market Data | House | Unit |
| Median price | 1,250,000 | – |
| Quarterly growth | +3.31 | – |
| 12-month growth | +14.16 | – |
| Average annual growth | +10.90 | – |
| Weekly median rent | 775 | 725 |
| Gross rental yield | 3.45 | 5.05 |
| Number of Sales (12m) | 51 | 6 |
| Avg. Days on Market (12m) | 7 | – |
| Key Demographics | 2011 | 2016 |
| Total population | 2,304 | 2,558 |
| Population change (5y) | +12.50 | +11.00 |
| Median household income (p/w) | 1,748 | 2,027 |
| Household income change (5y) | +37.96 | +15.96 |
| Median age of persons | 38 | 38 |
Demographic Trends
Better understand demographic trends by reviewing the latest suburb demographic data below.
The population of Alfred Cove was 2,558 in 2016, a +11.00 change compared to 2011.
The predominant age group in Alfred Cove is 40-49 years.
The population of Alfred Cove was 2,558 in 2016, a +11.00 change compared to 2011.
The predominant age group in Alfred Cove is 40-49 years.
Most of the population in Alfred Cove were born in Australia.
Most of the population in Alfred Cove were born in Australia.
Most of the population in Alfred Cove report their religion as No Religion.
Most of the population in Alfred Cove report their religion as Catholic.
Most of the population in Alfred Cove report their income range as 182,000 .
The median household income in Alfred Cove was 2,027 in 2016, a +15.96 change compared to 2011.
Most of the population in Alfred Cove report their income range as between 130,000 and 182,000 .
The median household income in Alfred Cove was 1,748 in 2011, a +37.96 change compared to 2006.
Most of the population in Alfred Cove work as Professional.
Most of the population in Alfred Cove work as Professional.
The chart below demonstrates the various levels of education in Alfred Cove.
The chart below demonstrates the various levels of education in Alfred Cove.
Most of the population in Alfred Cove reached a qualification level of Bachelor.
Most of the population in Alfred Cove reached a qualification level of Bachelor.
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