All About Alexandra, Murrindindi, VIC, 3714

Alexandra, a picturesque township nestled in the Murrindindi Shire of Victoria, boasts a housing market that reflects both its rural charm and accessibility to larger urban areas. The real estate landscape here is characterized by a mix of period homes, modern builds, and attractive rural properties, offering potential homebuyers a range of options. Demand for properties in Alexandra has seen a steady increase, driven by those seeking a tranquil lifestyle away from the bustling city pace, yet still within a reasonable distance to Melbourne. The pricing in Alexandra remains relatively affordable compared to major cities, making it an appealing option for families, retirees, and those seeking a change in pace. Additionally, the town's increasing popularity has been buoyed by regional development incentives and improved infrastructure, such as better road connectivity and internet services, which have made remote working a more feasible option.

Living in Alexandra offers residents a blend of scenic beauty and a tight-knit community atmosphere. The town is surrounded by rolling hills, lush forests, and a myriad of outdoor activities that provide a perfect backdrop for a lifestyle centered around nature and relaxation. Residents enjoy easy access to recreational areas such as Lake Eildon and the Cathedral Ranges, which are popular for boating, fishing, hiking, and camping. Community spirit is a hallmark of life in Alexandra, with local markets, festivals, and events regularly bringing people together. The town offers essential amenities, including schools, healthcare facilities, and shops, catering to most daily needs without the necessity of frequent travel. With its unique combination of a peaceful rural setting and a welcoming community, Alexandra stands out as a desirable destination for those seeking both serenity and connectivity.

Alexandra Real Estate Market Outlook

Thinking about buying in Alexandra? Now could not be a better time, with 1952 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $603,000 with prices in this suburb ranging from $46,000 to $1,995,000. The aproximate distance to the coast is 91 Km.

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Alexandra due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. A mix of professions and above average income earners in Alexandra provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. High density population in Alexandra requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. Lower than average industry presence in Alexandra 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 Alexandra a better buying opportunity than it may have been in the past.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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