Alfredton, VIC 3350
Alfredton property market
House sales narrowly top Alfredton, with 439 sales (sharply up 28%) at around $655k (up 10.1%) as of July 2026, taking about 28 days to sell (down from 37 days last year), more sought-after than most house markets in Victoria, just over half of homes are 4-bedroom.
House rentals are nearly as big, with 383 leases (down 10.3%) at $475 a week (up 5.6%), renting out in about 16 days (down from 22 days last year), one of the country's most in-demand house rental markets, with 4-bedroom the most common at around 60%. Followed by 48 unit rentals at $345 a week (among the country's biggest unit rent drops). 18 unit sales at around $407.5k.
Who lives hereAn above-average-income, mostly owner-occupied, family-oriented suburb — newcomer-heavy.
House covers houses, duplexes, semi-detached and terraces; Unit covers apartments, units, townhouses and villas.
Alfredton demographics & population
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing and Socio-Economic Indexes for Areas (SEIFA) 2021 · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
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InsideWho lives here · What homes cost to buy & rent · How fast homes are selling · How much is for sale or rent · How it compares to nearby suburbs · Schools nearby
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Who lives in Alfredton?
The age structure, household make-up, and cultural fabric of the people who call this suburb home.
Share of all residents by 5-year band · hover a band for the count + split
A strongly multicultural community with deep migrant heritage.
2020–21 understated — COVID border closures.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Housing & affordability in Alfredton
What it costs to live here, who owns versus rents, and the shape of the housing stock.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Income & employment in Alfredton
Incomes, employment, and the occupation mix of the people who live here.
A typical household pulls in about 2.0× the typical individual — a multi-earner area.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Getting around Alfredton
How people get to work, and how car-dependent the suburb is — the clearest tell of inner-urban versus outer-suburban living.
Census data sourced from the Australian Bureau of Statistics — © Commonwealth of Australia, 2021 Census of Population and Housing · Shares, ratios and percentiles shown are Micromarkets transformations of that data · licensed CC BY 4.0.
Education · ACARA My School 2025
Schools in and around Alfredton
2 schools inside Alfredton, plus the closest options around it. Families can choose from 2 primary schools in Alfredton and its surrounds — no high school sits within this radius. Distances are straight-line from the suburb centre and are not enrolment catchments — always confirm zones with the school.
ICSEA is ACARA’s official measure of a school’s socio-educational advantage — based mainly on parents’ education and occupation, plus the school’s location and student mix.
- Within Alfredton · 2Order by
- 1Alfredton Primary SchoolGovernment · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students330Multilingual50%ICSEA Rank50th
- 2St Thomas More SchoolCatholic · Primary · Co-ed · Years Prep-6 · Within suburbState Rank—English—Maths—Students330Multilingual50%ICSEA Rank50th
Why are some State Rank and star ratings blank? Schools can choose not to publish their results. In practice, schools that score well above their state average almost always publish theirs — so a blank rating more often reflects a school opting out than a top result being hidden. Academic results also tend to rise with ICSEA Rank, so higher-ICSEA schools more often carry a strong State Rank as well.
School profile and ICSEA data sourced from ACARA — © Australian Curriculum, Assessment and Reporting Authority (data year 2025) · State Rank & star columns are Micromarkets-compiled academic ratings from publicly available school results · Distances are straight-line from the suburb centre, not catchments.
Turnover
How settled or transient the community is — and where newcomers came from.
Alfredton median house price & rent
Headline price, rent, yield and time on market for Alfredton — choose a property type and size below.
House & unit prices by bedroom
Every segment this suburb tracks — sales and rentals side by side, ranked by total activity over the last twelve months.
Alfredton property growth
Where each segment sits against its peers in the chosen geography — past the midline means it's outperforming the rest.
Market demandHow fast this market is moving — a velocity index built from trailing-year transaction volume and median days on market. Strong volume lifts the score; days on market drags it down, with the drag growing sharply once listings start lingering. Ranked against peers in the chosen geography.
Houses
Units
Buying vs renting in Alfredton
What it costs each week to own a property versus renting the same one — positive means buying carries the premium, negative means rent covers the mortgage.
How strong is demand, and which way is it heading?
Two questions on one chart — how strong demand is right now, and which way it's heading year-on-year.
Sales market velocity
Alfredton against the neighbourhood
Eight diagnostic views cutting the data a different way each time — Alfredton in blue, peers in colour.
How fast — and is it getting faster?
Housing supply & months of stock
How long current listings would take to clear at the recent rate of sales or leases. Critical shortage and Oversupply only fire at the genuine tails of the national distribution — sales tip in under 0.7 months, rentals far faster, under 0.3.
Sales market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | SoldSold (last year)Total sold transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are sold each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Balanced | 2.1 | ▲ +0.9 | 11 | 64 | 5.3 | |
| Balanced | 2.7 | ▲ +1.5 | 14 | 64 | 5.3 | |
| Loose | 4.0 | ▲ +1.7 | 21 | 64 | 5.3 | |
| Loose | 5.3 | ▲ +3.0 | 28 | 64 | 5.3 | |
| Loose | 5.6 | ▲ +4.5 | 30 | 64 | 5.3 | |
| Loose | 6.0 | ▲ +5.3 | 32 | 64 | 5.3 |
Rental market
| Segment | Band | Months of supply left | YoYYoY change12-month change in months of supply. Down means stock is tightening (fewer months than a year ago); up means stock is loosening. | ListedListedActive listings in this segment right now, derived from months of supply multiplied by the recent transaction rate. | LeasedLeased (last year)Total leased transactions completed in this segment over the last 12 months. | Per monthPer monthAverage monthly absorption — how many properties are leased each month in this segment, over the last 12 months. |
|---|---|---|---|---|---|---|
| Tight | 0.4 | ▼ -0.7 | 2 | 68 | 5.7 | |
| Tight | 0.5 | ▼ -0.3 | 3 | 68 | 5.7 | |
| National typical | 0.7 | ▲ +0.2 | 4 | 68 | 5.7 | |
| Oversupply | 1.9 | ▲ +0.7 | 11 | 68 | 5.7 | |
| Oversupply | 2.0 | ▲ +0.4 | 11 | 68 | 5.7 | |
| Oversupply | 2.2 | ▼ -0.1 | 12 | 68 | 5.7 | |
| Oversupply | 2.3 | ▲ +0.5 | 13 | 68 | 5.7 | |
| Oversupply | 2.5 | ▲ +1.6 | 14 | 68 | 5.7 |
Who's transacting — buyers or tenants?
Out of every property transaction in this suburb, what share are sales versus leases — each point a rolling twelve-month window.
Alfredton — Units & Houses, all bedrooms
Alfredton median house price & rent history
Each tape traces one metric across sixty months for the selected segment — every point a trailing twelve-month figure, matching the headline KPIs above.
Five-year summaryAs of Jun 2026, the median house sale price in Alfredton rose from $279k (Jul 2021) to $585k (Jun 2026) — +110.0% growth over five years. Median house rent went from $220/wk to $251/wk (+14.1%) over the same period. For units, the median sale price rose from $268k to $323k (+20.9%), with rent down from $223/wk to $198/wk (−11.2%) over the same period.
Suburbs near Alfredton: prices compared
The nearest suburbs to Alfredton, ranked by distance — each lined up against Alfredton on the same measures, so the differences jump out at a glance.
Suburbs like Alfredton
Suburbs anywhere in VIC that behave like Alfredton — matched on price, growth, selling speed and demand, not on distance. A shortlist of markets that move the same way — including ones far away you'd never think to compare. (Want the suburbs right next door instead? See Nearby markets above.)
Alfredton vs Bonshaw: the closest sales-market match trades at a median of $318k against Alfredton's $422k — about 25% lower, with homes selling in 15 days versus 21 days here.
Comparable sales markets to Alfredton: Bonshaw property growth, Bacchus Marsh market trends, Delacombe (VIC 3356), Canadian property growth and Albanvale, VIC property market.
Alfredton's closest rental-market twins: Delacombe, VIC property market, Bonshaw property growth, Bacchus Marsh (VIC 3340), Canadian property growth and Albanvale median house price. Each link opens that suburb's full market report.
Frequently asked · Alfredton
26 data-driven answers about Alfredton's property market — every one computed from the metrics above.
What things cost
Prices, rent, yield, ownership costWhat is the median house price in Alfredton?
#The median house price in Alfredton, VIC 3350 is $422k as of June 2026, based on 61 sales over the past 12 months. Houses there have moved +50.0% year-on-year. Prices vary by bedroom count, from compact two-bedroom homes to larger four-bedroom houses. See the bedroom-level breakdown below for 2-, 3- and 4-bedroom medians.
What is the median unit price in Alfredton?
#The median unit price in Alfredton, VIC 3350 is $422k as of June 2026, based on 61 sales over the past 12 months. Units have moved +0.5% year-on-year and currently trade at roughly 100% of the median house price.
How much does it cost to rent in Alfredton?
#The median weekly house rent in Alfredton is $282 as of June 2026, drawn from 74 leases over the past 12 months. Units rent for around $282 per week. House rents have moved +50.0% year-on-year. Current vacancy pressure is shown in the supply section above.
How much is rent for a 3 bedroom house in Alfredton?
#A 3 bedroom house in Alfredton rents for a median $282 per week as of June 2026, drawn from 74 leases over the past 12 months. Across other house sizes: 2-bedroom $282/week, 4-bedroom $282/week. Unit rents: 1-bedroom $282/week, 2-bedroom $282/week, 3-bedroom $282/week. Figures cover only segments with enough recent leases to be statistically meaningful; sparse segments are excluded. The segment breakdown covers rent, yield and days on market for every property type and bedroom count.
What is the gross rental yield in Alfredton?
#Gross rental yield in Alfredton is 3.44% for houses and 3.44% for units as of June 2026, compared with the VIC unit median of 3.63%. Gross yield is annual rent divided by purchase price — it doesn't account for ownership costs like council rates, strata, maintenance or vacancy.
How much is a 3 bedroom house in Alfredton?
#As of June 2026, Alfredton medians by bedroom count:
| Property | 1 bed | 2 bed | 3 bed | 4 bed | Total |
|---|---|---|---|---|---|
| Houses | — | $422k | $422k | $422k | $422k |
| Units | $422k | $422k | $422k | — | $422k |
Figures cover only segments with enough recent transactions to be statistically meaningful; sparse segments are excluded.
What does it cost to own versus rent at the Alfredton median?
#At the median Alfredton house ($422k purchase, $282/week rent), weekly mortgage repayments sit at roughly $516 — about $234 more per week than renting. That gap is the ownership premium. For the median unit ($422k purchase, $282/week rent), repayments run about $516 per week. Figures assume 80% LVR, a 6.0% interest rate and a 30-year principal-and-interest loan.
How the market is moving
Speed, supply, growth, cycle phaseWhat are Alfredton's property market trends?
#Alfredton's property market trends to June 2026: house prices rose +50.0% year-on-year and units +0.5%; weekly house rents moved +50.0%; homes now sell in a median 21 days — faster than a year ago by 30; sales supply sits at 5.3 months (very loose). Read together — price, rent, selling speed and supply — they show which way the Alfredton market is leaning. The 5-year tape and demand cycle charts above plot the full trajectory.
What does the data say about Alfredton as an investment?
#As of June 2026 in Alfredton, house prices rose +50.0% over the year, gross rental yield is 3.44% against a VIC median of 2.17%, houses take a median 21 days to sell, sales supply is 5.3 months (very loose). Capital growth, rental yield, selling speed and supply are the signals investors weigh — but these figures describe the market, not a recommendation. This is data, not financial advice; always do your own research and consider a licensed adviser.
How quickly do houses sell in Alfredton?
#Houses in Alfredton sell in a median 21 days on market as of June 2026, with units clearing slightly similarly at 21 days. Days on market have tightened by 30 days versus a year ago. Faster clearance typically coincides with stronger buyer demand and lower supply.
Is Alfredton a tight or loose property market right now?
#Alfredton's sales market sits at 5.3 months of supply for houses as of June 2026 — classified as Very Loose against the Australian distribution. Under 1.7 months is Severe (extreme shortage); over 4.5 months is Loose. The rental side is tighter still at 0.4 months of supply.
Have property prices in Alfredton gone up or down?
#House prices in Alfredton moved +50.0% over the 12 months to June 2026, while units moved +0.5%. The 5-year tape above plots the full monthly trajectory — showing where the market changed character rather than just crossing round numbers.
How active is the rental market in Alfredton?
#Alfredton's house rental market sits at 0.4 months of supply as of June 2026 — classified as Severe (extreme shortage), with 68 houses leased over the past 12 months. Units sit at 2.0 months. Tighter supply typically corresponds to faster letting and upward pressure on rents.
Where is Alfredton in its property market cycle?
#Alfredton's house market is currently in the 'in_demand_growing' phase as of June 2026 — combining above-median sales velocity nationally with year-on-year tightening in days on market. The demand cycle chart above plots all eight segments on the same demand-versus-direction axes.
How it compares
Vs state, vs nearby, vs popularHow does Alfredton compare to other VIC suburbs?
#Alfredton's median house price ($422k) is 4% above the VIC median ($406k) as of June 2026. On selling speed, houses clear in 21 days vs 26 days state median. On gross yield, Alfredton sits at 3.44% vs 2.17% state median.
How does Alfredton compare to neighbouring suburbs?
#Alfredton's most-similar nearby market is Bonshaw (3.7 km away) with a median house price of $318k — about 25% cheaper. The Nearby and Similar markets sections above rank every peer within radius and by composite similarity across price, days on market, yield, ownership cost and cycle phase.
What's the most popular property type in Alfredton?
#The most-transacted segment in Alfredton over the 12 months to June 2026 is 2 bed houses with 64 sales. 3 bed houses come second at 64 sales. The buying-versus-renting section above breaks down the top segments with weekly mortgage, rent and ownership-cost detail.
How many properties were sold and leased in Alfredton last year?
#Alfredton recorded 64 house sales and 64 unit sales over the 12 months to June 2026 — a combined 128 transactions. On the rental side, 68 houses and 68 units were leased. Segments with statistically thin samples are excluded from displayed figures.
About the area
Population, income, who lives here, schoolsWhat postcode is Alfredton in?
#Alfredton is in postcode 3350, in the Ballarat region of VIC. Addresses there are written as Alfredton, VIC 3350.
What is the population of Alfredton?
#Alfredton, VIC 3350 is home to 8,438 residents (ABS Census 2021). The median resident age is 18, and the average household holds 1.6 people. The "Who lives here" section above breaks the community down by age, life stage and tenure.
What is the median household income in Alfredton?
#The median household in Alfredton earns $1k per week — roughly $77k a year (ABS Census 2021). Median personal income runs $739/week. Income, rent-to-income and mortgage-to-income context sits in the "Who lives here" section above.
What is the unemployment rate in Alfredton?
#The unemployment rate in Alfredton is 50.0% (ABS Census 2021). That sits right around the median for Australian suburbs. The rate counts people who are working or actively looking for work — not a share of all residents. Workforce participation sits at 50%. The local economy section above covers incomes, employment status and the occupation mix.
Do people own or rent in Alfredton?
#Alfredton is mostly owner-occupied: about 100% of households are owner-occupiers and 50% rent (ABS Census 2021). Of owners, 50% own outright and 50% are paying off a mortgage.
What schools are near Alfredton?
#Alfredton has 58 schools within reach, 2 of them inside the suburb itself — including Alfredton Primary School, St Thomas More School. The Schools section above maps each one with sector, year range, enrolment, Micromarkets-compiled academic ratings and ICSEA (ACARA).
Is Alfredton a good place to live?
#Alfredton, VIC 3350 has a population of 8,438, a median age of 18, a median household income around $1k/week, 50% of households renting (ABS Census 2021). There are 58 schools within reach. Whether it's the right fit depends on your priorities — these figures describe the community, housing mix and amenity rather than offer a verdict.
About this data
Methodology and update cadenceWhen was this Alfredton market data last updated?
#This Alfredton market data was last updated July 2026, covering the 12 months to June 2026. Figures are computed monthly from 12-month rolling windows of recorded sales and leases, with five years of monthly history behind the trend charts. Methodology, glossary and data sources are linked in the footer.