Addington vs Alexandra
Property investment comparison - Addington, VIC 3352 vs Alexandra, VIC 3714
Head-to-head across core investment metrics: Addington wins 0, Alexandra wins 2. The better choice depends on whether you're optimising for cash flow, growth, affordability, or liquidity, the table below highlights the winner on each metric.
| Metric | Addington | Alexandra |
|---|---|---|
| Median house price | - | $535K |
| Median unit price | - | - |
| Gross rental yield (houses) | 3.55% | 4.19% |
| Gross rental yield (units) | - | 4.60% |
| 1-year house growth | - | +7.9% |
| 3-year house growth | - | +7.9% |
| Vacancy rate | 1.8% | 0.9% |
| Population | 65 | 2,801 |
Addington vs Alexandra: what the numbers say
On cash flow, Alexandra leads: houses there return a gross rental yield of 4.19%, compared with 3.55% in Addington, a gap of 0.64 percentage points.
Rental vacancy is 0.9% in Alexandra and 1.8% in Addington, so landlords in Alexandra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.
Alexandra is the bigger suburb, with a population of 2,801 against 65, roughly 43 times the size of Addington; a larger suburb usually means a deeper pool of buyers and tenants.
In short: Alexandra for rental income, Alexandra for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.
Keep exploring
- National investment guide - top suburbs across every metric
- Take the suburb finder quiz - 5 questions to match your goals
- How our investment score works
- Property investment glossary - every term defined
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