Alfredton, VIC 3350
Ballarat City, Victoria
Good to Know
Alfredton, VIC 3350 is a high-value house market in the City of Ballarat area, currently positioned as a long-hold capital growth submarket. Located about 5 km west of Ballarat CBD, Alfredton is home to roughly 11,822 adults across 5,695 dwellings and currently records a vacancy rate of 1.35%.
According to HtAG Analytics, Alfredton is exhibiting tight supply with steady rental demand. Stock on Market sits at 0.4% and Inventory at 1.53 months — both well inside the low-supply/opportune band versus the ~3-month balanced threshold — driving +17.2% YoY price growth and +3.5% YoY rent growth.
What the market data is signalling
Alfredton's recent market profile shows strong capital appreciation outpacing rental gains: +17.2% price growth versus +3.5% rent growth over 12 months. That split, combined with a 2.91% gross yield (below the 3% recommendation), suggests a market driven by capital growth rather than cashflow.
Low apparent supply — Stock on Market 0.4% and Inventory 1.53 months — and quick turnover (DOM 23 days) support continued price momentum. See the Markets in the Moment (MiM™) heatmap for how Alfredton sits in the national picture.
Who lives in Alfredton — and why it matters for investors
Alfredton posts an IRSAD of 1016, above HtAG's recommended threshold, indicating relative socio-economic advantage that typically lowers short-term volatility and supports long-cycle capital growth. The renter/owner split is neutral at 30.0%, so the market mixes stability from owner-occupiers with a base level of rental demand.
For more on how socio-economic mix affects property performance, read our IRSAD Crossover study.
Why suburb-level data matters for Alfredton
Council averages can mask very different outcomes at suburb level. Alfredton's own metrics — typical price $782,377, gross yield 2.91%, Stock on Market 0.4%, Inventory 1.53 months, DOM 23 days and affordability 35 years — tell a specific story about supply pressure and stretched affordability that should drive any purchase decision here.
Read our methodology on why localised screening works: LGA vs Suburb research. For a printable breakdown, download the full Alfredton VIC 3350 data guide.
What's behind the RCS™ score of 83
HtAG's RCS™ of 83 bundles three dimensions — risk minimisation, capital-growth potential and cashflow resilience — into a single composite so you can match the suburb to your strategy. Alfredton scores strongly on capital-growth signals but shows weaker cashflow in the yield component; reading the sub-scores helps align strategy to outcome.
Learn how the RCS™ is built, or open Alfredton in HtAG Copilot to explore the sub-score breakdown and scenario analysis.
Forward signals to watch
The vacancy rate — currently 1.35%: a sustained neutral vacancy (around 1–1.5%) implies a balanced rental market where rents can rise slowly but sudden demand shocks may not push yields materially higher.
The building approvals ratio — currently 0.76%: this neutral reading points to moderate new-supply risk; watch approvals if you want early warning of increased competition that could cap price upside.
The wider Melbourne cycle phase: a shift in the metropolitan cycle (tightening or slowing) would typically filter through to regional commuter and satellite markets like Alfredton, altering momentum for both prices and rents.
Does this area meet your investment goals?
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RCS Breakdown
Alfredton's RCS™ headline is an overall signal — but it doesn't tell you why. The three sub-scores below reveal whether that score is earned through risk minimisation, capital growth, or cashflow — and which portfolio brief it fits.
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Market Trends
Alfredton's headline values — $782K to buy and $437PW to rent, a 2.9% gross yield. Over the past decade, prices have moved 93.99% and rents 39.94% — the Yield series shows whether that gap is widening (price outpacing rent, yield compressing) or closing.
$782K is today. The 10-year trajectory reveals whether that's the top of a run, the start of a new leg, or somewhere mid-cycle. Sign up to unlock the entire trend line.
$437PW today, with rent growth at (+3.55% YoY) compared to price growth (+17.2%). That spread determines yield is expanding or compressing across the next cycle. Sign up to unlock the entire trend line.
Where is Alfredton in its cycle - and is the 2.9% yield holding?
Cycle phase tells you whether you're buying near the bottom (room to run) or top (compression ahead). Yield trajectory tells you whether cashflow is durable or being eroded — the single most important question for a long-hold thesis.
Cycle Phase
Cycle Position
Yield Trajectory
Rent vs Price Spread
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Area Risks
Property data alone won't flag the structural risks that can erode a long-hold position. Bushfire overlays, flood-zone exposure, and economic concentration sit outside the price feed but determine whether your capital is insurable, defensible, and structurally protected. Unlock to see.
Are there hidden structural risks shaping Alfredton's long-hold story?
Beyond the headline price, Alfredton carries risk signals a median can't show — hazard exposure from bushfire and flood overlays, and how narrowly local employment leans on a handful of sectors (the concentration the EDI score quantifies). Together these separate insurable, defensible long-holds from those carrying tail-risk that never surfaces in the headline number.
MADI Risk
EDI Risk
Bushfire
Flood
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Critical to know
Supply & Demand
Alfredton's headline numbers show where the market is today. The two cards below answer where it's heading. Direction is what separates a buy from a wait.
Is housing supply tightening or building up?
Stock on Market is one number — the trend is what matters. SoM, inventory, building approvals and hold period together reveal whether the market is starving for stock (price pressure up) or quietly building a pipeline (pressure down).
Stock on Market
Inventory
Building Approvals
Hold Period
Is buyer and renter demand heating up or cooling off?
Vacancy is one signal — the real question is whether demand is still building or quietly peaking. Days on market, vacancy, search index and clearance rate are the four pulse-points — when they diverge, they signal a turning point.
Days on Market
Vacancy Rate
Search Index
Clearance Rate
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Fundamentals
Alfredton can look solid on the surface — but the three layers below separate markets that genuinely hold value from ones that only look like they do.
Is Alfredton genuinely stable - or just expensive?
IRSAD hints at affluence, but socio-economic strength alone doesn't guarantee resilience. Combined with the renter-to-owner balance and unit-to-house ratio, you get the three signals that separate a tightly-held submarket from one carrying hidden volatility.
IRSAD
Renter to Owner
Units to Houses
Where do Alfredton prices go over the next 12 months?
Today's headline price is just a snapshot. Projected ROI and the volatility index tell you whether to commit capital now, wait for a softer entry, or rotate into a steadie submarket.
Projected Annual ROI
Volatility Index
Can you actually buy into Alfredton - and exit cleanly?
Tightly-held areas reward long-hold investors but punish anyone who needs liquidity. Annual sales and rental volume reveal whether your capital can reposition — or sits structurally locked in.
Annual Sales Volume
Annual Rental Volume
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Important to know
Education & Infrastructure
Alfredton looks tightly-held and stable on the surface — but the three layers below separate areas that genuinely hold value from ones that only look like they do.
Does Alfredton's school catchment + infrastructure pipeline justify the price?
School ranks anchor family demand and tenant quality. The active infrastructure pipeline shifts a suburb's price ceiling over the next 5–10 years. Together they tell you whether Alfredton has structural support for the next leg of capital growth.
School Rank
Hospitals & Employment
Infrastructure Spend
Transport Projects
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Full HtAG Intelligence
Alfredton shows potential. The platform tells you whether it's the best fit for your portfolio.
Price and yield are only the surface. HtAG reads the forces underneath — supply tightening or loosening, demand heating or cooling, and the risks that move slowly but decide long-term growth. Together they show whether Alfredton has the structural support for its next leg — or whether the numbers are running ahead of the fundamentals.
The total adult population (15 years or older) of Alfredton 3350 VIC is 9,116, with a median age of 35. Of those, 49.71% are married, 11.65% are divorced or separated, 34.88% are single and 3.83% are widowed.
The average household size is 2.8 people per dwelling, and the median household monthly income is estimated to be $8,720. The median monthly mortgage repayment for households in this suburb is $1,608 which is 18.44% of their earnings.
Source: ABS Census Data (2021)