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Suburb Insights ยท VIC 3078

Alphington 3078, Victoria

ABS 2021 Census ยท Updated 31 March 2026

Suburb Overview

Alphington is a well-established middle-ring suburb of Melbourne, Australia, with a population of approximately 5,702, making it a smaller community. Located approximately 7 km from the Melbourne CBD, Alphington is a middle ring area in Victoria. The median household income is $126,308 AUD per year (ABS 2021 Census).

Investment Score

84 / 100 Strong

Alphington benefits from a high-income resident base, supporting premium property pricing. The short commute to the city centre is a key demand driver.

Location

Map shows Alphington, Victoria, Australia.

Key Indicators

Postcode
3078

Official Australia Post postcode for Alphington. A postcode may cover multiple suburbs.

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Population
5,702

Usual resident population at census night. Source: ABS 2021 Census of Population and Housing.

ABS Census Data โ†’
Median Rent (weekly)
$451/wk

Weekly median rent for occupied private dwellings. Source: ABS 2021 Census. Live rental data integration coming soon.

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Median Household Income
$126,308/yr

Annual median household income (before tax) for all households. Source: ABS 2021 Census.

ABS Census Data โ†’
Distance to CBD
7 km

Straight-line distance from the suburb centroid (ABS 2021 SAL geography) to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb based on ABS 2021 data.

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Parks & green spaces
2

Estimated 2 parks and green spaces near this suburb. Source: ABS 2021 data.

Median Mortgage (monthly)
$2,492/mo

Monthly median mortgage repayment for households currently paying off a mortgage. Source: ABS 2021 Census.

ABS Census Data โ†’
Dwelling Type
48% houses

Proportion of separate houses vs units, townhouses, and other dwelling types. Source: ABS 2021 Census. Relevant for investors assessing rental demand mix.

ABS Census Data โ†’

Investment Insight

Alphington's middle-ring location balances affordability with accessibility. These suburbs often benefit from established infrastructure, good schools, and transport links โ€” making them attractive to families and long-term tenants. The median rent of $451/week (ABS 2021) indicates a mid-range rental market. Owner-occupiers face a median mortgage repayment of $2,492/month. A median household income of $126,308/year supports premium property values and indicates a well-employed resident base.

Investment Strategy

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Buy & Hold

With robust local demand and income levels, Alphington is a natural candidate for patient investors.

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Rental Yield

Alphington's rental market favours investors seeking yield โ€” occupancy rates are typically strong in this area.

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Renovation / Flip

The resale market in Alphington may not support quick-turnaround renovation projects.

Risk Factors

Run the numbers on a Alphington property

Full Property Analysis

30-year projections for Alphington

Scenario comparison, cash flow analysis, tax modelling, and PDF export โ€” all in one place.

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2026 Outlook

Growth: Strong Rental Demand: Moderate Investor Sentiment: Strong

Alphington is well-positioned for continued price appreciation through 2026, underpinned by high household incomes and location appeal. The rental market in Alphington should see steady occupancy, with moderate upward pressure on rents. Alphington remains on the radar of active property investors in Victoria.

Frequently Asked Questions

Is Alphington a good suburb for investment?

Alphington is a middle ring area in Victoria with a population of 5,702. The median rent is $451/week and the median household income is $126,308/year (ABS 2021 Census). As with any property investment, conduct thorough due diligence on current listings, vacancy rates, and local infrastructure plans before committing.

What drives property demand in Alphington?

Key demand drivers in Alphington include established amenities and transport access. 48% of dwellings are separate houses. The area has approximately 1 schools and 2 parks nearby.

What is the population of Alphington?

According to the ABS 2021 Census, Alphington has a population of approximately 5,702. For historical population trends and intercensal estimates, visit the ABS Census Data Explorer at abs.gov.au.

How far is Alphington from the Melbourne CBD?

Alphington is approximately 7 km straight-line distance from the Melbourne CBD (calculated from ABS 2021 suburb centroid coordinates). This close proximity means excellent access to employment, dining, and entertainment.

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