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Alexandra vs Arcadia

Property investment comparison - Alexandra, VIC 3714 vs Arcadia, VIC 3631

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

MetricAlexandraArcadia
Median house price$535K-
Median unit price-$350K
Gross rental yield (houses)4.19%7.42%
Gross rental yield (units)4.60%7.38%
1-year house growth+7.9%-
3-year house growth+7.9%-
Vacancy rate0.9%2.6%
Population2,801212

Alexandra vs Arcadia: what the numbers say

On cash flow, Arcadia leads: houses there return a gross rental yield of 7.42%, compared with 4.19% in Alexandra, a gap of 3.23 percentage points.

Rental vacancy is 0.9% in Alexandra and 2.6% in Arcadia, 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 212, roughly 13 times the size of Arcadia; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Arcadia 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.

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