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Alexandra vs Big Hill

Property investment comparison - Alexandra, VIC 3714 vs Big Hill, VIC 3555

Head-to-head across core investment metrics: Alexandra wins 1, Big Hill wins 3. 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.

MetricAlexandraBig Hill
Median house price$535K-
Median unit price-$510K
Gross rental yield (houses)4.19%-
Gross rental yield (units)4.60%4.62%
1-year house growth+7.9%+11.2%
3-year house growth+7.9%+22.3%
Vacancy rate0.9%5.1%
Population2,801281

Alexandra vs Big Hill: what the numbers say

Over the past year house prices moved +7.9% in Alexandra and +11.2% in Big Hill, so recent momentum favours Big Hill, although both suburbs recorded growth.

Looking back three years, Alexandra houses are +7.9% and Big Hill houses +22.3%, so Big Hill has compounded faster than Alexandra over the longer window.

Rental vacancy is 0.9% in Alexandra and 5.1% in Big Hill, 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 281, roughly 10 times the size of Big Hill; a larger suburb usually means a deeper pool of buyers and tenants.

In short: Big Hill for recent price momentum, 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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