The Alfredton median house price is $605,000 for the April to June 2025 quarter, according to DataVic/REIV data. That figure represents a quarter-on-quarter change of -4.0% and a year-on-year increase of +0.4%, painting a picture of a suburb that has softened slightly in the short term but held firm over the longer horizon. Whether you are buying, selling, or investing in Alfredton, understanding these numbers is the starting point for every sound property decision.

What Is the Alfredton Median House Price Right Now?

Based on DataVic/REIV data for the April to June 2025 quarter, the key figures for Alfredton property are:

• Median house price: $605,000 (QoQ: -4.0% | YoY: +0.4%)
• Median unit price: $390,000 (QoQ: -50.0% | YoY: +0.6%)

The house median of $605,000 is the headline number most buyers and sellers will focus on. A -4.0% quarter-on-quarter dip suggests some near-term price softening, which is consistent with broader Victorian conditions where higher interest rates and cost-of-living pressures have tempered buyer competition in many outer regional growth corridors. However, the +0.4% year-on-year movement confirms that Alfredton has not experienced the sharper corrections seen in some metropolitan pockets.

The unit median of $390,000 deserves a separate lens. The dramatic -50.0% quarter-on-quarter movement should be interpreted with caution: unit transaction volumes in Alfredton are low enough that a single quarter’s cohort of sales can swing the median significantly. The +0.6% year-on-year figure is a more stable reference point for unit buyers and investors.

For context on how Alfredton compares to Melbourne suburbs, our guide on median house prices in Reservoir shows how a different growth corridor market has tracked through the same rate cycle.

What Do the Numbers Say About Alfredton as a Suburb?

Alfredton sits within the City of Ballarat in regional Victoria, roughly 110 kilometres north-west of Melbourne’s CBD. It is one of Ballarat’s fastest-growing residential precincts, characterised by master-planned estates, newer housing stock, and strong infrastructure investment. Understanding the demographic profile helps explain the price dynamics.

According to the ABS Census 2021, Alfredton records:

• Population: 11,822
• Median age: 35.0 years
• Median household income: $1,883 per week
• Median rent: $365 per week

A median household income of $1,883 per week (roughly $97,900 per year) is meaningfully above many comparable regional Victorian suburbs, reflecting the suburb’s concentration of dual-income young families and skilled tradespeople. The median age of 35.0 years confirms that Alfredton attracts buyers in the prime family-formation stage, a cohort that typically prioritises land size, school catchments, and value for money over inner-city proximity.

At a median rent of $365 per week and a median house price of $605,000, the indicative gross rental yield for houses sits at approximately 3.1% to 3.2%. While that figure trails the yields available in some higher-density Melbourne suburbs, it reflects Alfredton’s capital growth orientation and the relative newness of much of the housing stock.

SQM Research’s vacancy rate data for the broader Ballarat local government area has consistently shown tight conditions, generally below 2%, which supports rental demand for investors considering Alfredton property.

What Are the Key Considerations for Buying, Selling, or Investing in Alfredton?

Buying in Alfredton

For buyers, the April to June 2025 quarter median of $605,000 represents genuine value relative to metropolitan Melbourne medians, which CoreLogic data places at well above $900,000 for houses across greater Melbourne. Buyers who have been priced out of Melbourne’s inner and middle rings are increasingly finding that Alfredton offers modern housing, good amenities, and a reasonable commute via the V/Line Ballarat line.

Key buying considerations include:

• Estate covenants and design guidelines in many Alfredton precincts, which can affect renovation or extension plans
• Land sizes that vary considerably between established estates and newer releases
• Proximity to Alfredton Primary School, Delacombe Town Centre, and Western Ring Road access points
• The pipeline of new land releases, which can moderate price growth but also ensure strong community infrastructure investment

Selling in Alfredton

For sellers, the -4.0% quarter-on-quarter movement is worth noting but should not cause alarm. Quarterly medians in lower-volume suburbs fluctuate based on the mix of properties sold, and a single quarter’s result rarely reflects the full market trajectory. The +0.4% year-on-year figure suggests that well-presented homes in strong estate locations are still achieving prices close to or above their 2024 benchmarks.

Presentation, agent selection, and campaign strategy matter significantly in a market where buyers are more selective. Working with an agent who understands Ballarat’s regional nuances and can access both on-market and off-market buyers is a material advantage when selling in Alfredton today.

Investing in Alfredton

Regional Victoria’s strong internal migration trend, documented by the ABS in its 2021 and 2022 population estimates, has underpinned rental demand in Ballarat’s growth corridors. For property investors, Alfredton’s combination of a relatively affordable entry price of around $605,000, a growing population base of 11,822 residents, and tight vacancy rates makes it a candidate worth modelling carefully. Comparing yield and growth profiles across different markets is a useful exercise; our analysis of median house prices in Brunswick illustrates how a very different suburb type can produce contrasting investor outcomes.

How Does Collings Real Estate Help You Act on Alfredton Property Data?

Data is only useful when it translates into action. Collings Real Estate combines suburb-level market intelligence with hands-on property expertise to help buyers, sellers, and investors make confident decisions. Here is how the team supports clients at each stage:

• Free property appraisal: Understanding what your Alfredton home is worth in the current market is the first step for any seller. Collings provides obligation-free appraisals grounded in real comparable sales data, not automated estimates.
• Buyer advocacy and search: With access to off-market opportunities through the Collings portal, buyers gain an edge in a market where many quality listings are transacted before they reach public portals.
• Investment analysis: The Collings team can model yield scenarios, depreciation considerations, and suburb-level demand data to help investors assess Alfredton against other regional and metropolitan options.
• Ongoing market updates: Registered portal users receive suburb-specific alerts as new data and listings become available.

If you want to stay ahead of Alfredton’s market movements and access properties before they are advertised publicly, you can register with the Collings off-market portal here.

It is also worth exploring how median prices in comparable commuter-belt suburbs are tracking. Our detailed breakdown of the median house price in Preston provides a useful metropolitan reference point when comparing value propositions across Victoria’s property market.

To speak with a Collings property specialist directly, call 03 9486 2000, email info@collings.com.au, or visit the office at 230 Waterdale Road, Ivanhoe, VIC 3079. The team is ready to help you interpret the latest Alfredton data and turn it into a clear next step.

Request a free property appraisal today and find out exactly what your Alfredton property is worth in today’s market.

Frequently Asked Questions About Alfredton Median House Prices

Below are answers to the questions buyers, sellers, and investors most commonly ask about Alfredton property.