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Alexandra vs Wandoan

Property investment comparison - Alexandra, QLD 4740 vs Wandoan, QLD 4419

Head-to-head across core investment metrics: Alexandra wins 1, Wandoan 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.

MetricAlexandraWandoan
Median house price$260K$260K
Median unit price$735K$285K
Gross rental yield (houses)-10.00%
Gross rental yield (units)3.90%4.81%
1-year house growth--
3-year house growth--
Vacancy rate1.1%1.5%
Population189666

Alexandra vs Wandoan: what the numbers say

Houses cost about the same in both suburbs: the median house price is $260K in Alexandra and $260K in Wandoan.

For units, Alexandra sits at a median of $735K against $285K in Wandoan, which makes Wandoan the more affordable unit market and Alexandra the pricier one.

Rental vacancy is 1.1% in Alexandra and 1.5% in Wandoan, so landlords in Alexandra face less competition for tenants. Anything under 2% is generally read as a tight market where tenants compete for homes.

Wandoan is the bigger suburb, with a population of 666 against 189, roughly 3.5 times the size of Alexandra; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Alexandra for the tighter rental market. Which matters more depends on whether the investor is buying for cash flow, capital growth or affordability.

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